Director of product development vs head of business development

The differences between directors of product development and heads of business development can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a director of product development and a head of business development. Additionally, a director of product development has an average salary of $140,507, which is higher than the $134,190 average annual salary of a head of business development.

The top three skills for a director of product development include product development, project management and product management. The most important skills for a head of business development are cloud, C++, and project management.

Director of product development vs head of business development overview

	Director Of Product Development	Head Of Business Development
Yearly salary	$140,507	$134,190
Hourly rate	$67.55	$64.51
Growth rate	10%	10%
Number of jobs	175,429	158,539
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 63%
Average age	39	39
Years of experience	10	10

What does a director of product development do?

A Director of Product Development supervises and implements product development policies, initiatives, and objectives. They conduct market research to determine consumer needs and identify competitors.

What does a head of business development do?

A head of business development is responsible for monitoring the company's overall business operations and client transactions. Heads of business development coordinate with clients for their requirements and specifications and develop the team to handle the project management operations. They also handle the budget and resource allocations and ensure that the team meets the deadline and high-quality deliverables on time. Ahead of business development must be regularly updated with the current market trends to identify opportunities that would generate more revenue resources for the business.

Director of product development vs head of business development salary

Directors of product development and heads of business development have different pay scales, as shown below.

	Director Of Product Development	Head Of Business Development
Average salary	$140,507	$134,190
Salary range	Between $100,000 And $196,000	Between $94,000 And $191,000
Highest paying City	San Mateo, CA	Seattle, WA
Highest paying state	California	Washington
Best paying company	Apple	Meta
Best paying industry	Manufacturing	Telecommunication

Differences between director of product development and head of business development education

There are a few differences between a director of product development and a head of business development in terms of educational background:

	Director Of Product Development	Head Of Business Development
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 63%
Most common major	Business	Business
Most common college	University of Georgia	University of Georgia

Director of product development vs head of business development demographics

Here are the differences between directors of product development' and heads of business development' demographics:

	Director Of Product Development	Head Of Business Development
Average age	39	39
Gender ratio	Male, 72.0% Female, 28.0%	Male, 74.2% Female, 25.8%
Race ratio	Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2%	Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2%
LGBT Percentage	10%	10%

Differences between director of product development and head of business development duties and responsibilities

Director of product development example responsibilities.

Organize and manage project meetings between partners, vendors, and associates using both scrum and waterfall methodologies.
Manage long-term care, hospital transition, and Medicaid- Medicare expansion initiatives, that includes model of care design and implementation )
Manage packaging design and nutritional labeling within QA guidelines.
Manage company intellectual portfolio and develop key relationships with vendors and clients including leading global technology companies.
Develop using Java, JSP, J2EE, CSS, DHTML, HTML, Plugins and JavaScript.
Prepare proposals for new projects, including project feasibility, ROI, expenses and costs.

Head of business development example responsibilities.

Develop the company's online presence through website and Facebook that lead to business expansion to markets of UK, Denmark.
Implement and customize CRM database used to manage all development activities.
Lead and manage large RFP responses to ensure corporate objectives for profitability, sustainability, and operational delivery objectives are meet.
Hire a top tier SQL developer for data warehouse and reporting activities.
Plan and maintain company presence on forums and social networks, including Facebook.
Initiate project for upgrading CRM and re-design of flow of communication between cross-functional teams.

Director of product development vs head of business development skills

Common director of product development skills

Product Development, 12%
Project Management, 9%
Product Management, 9%
R, 7%
Product Strategy, 4%
Market Research, 3%

Common head of business development skills

Cloud, 7%
C++, 5%
Project Management, 5%
Cloud Computing, 5%
R, 5%
HR, 4%

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Director Of Product Development
Director Of Product Development vs Head Of Business Development

Updated January 8, 2025

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