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The differences between strategic development directors and directors of product 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 strategic development director and a director of product development. Additionally, a director of product development has an average salary of $140,507, which is higher than the $127,778 average annual salary of a strategic development director.
The top three skills for a strategic development director include strategic development, business development and RFP. The most important skills for a director of product development are product development, project management, and product management.
| Strategic Development Director | Director Of Product Development | |
| Yearly salary | $127,778 | $140,507 |
| Hourly rate | $61.43 | $67.55 |
| Growth rate | 10% | 10% |
| Number of jobs | 92,285 | 175,429 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 71% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A strategic development director is responsible for systematic fundraising and holistic collection of revenue. They foster an ongoing relationship with donors and carry out fundraising campaigns. They work to develop strategic goals for their organization and to create short- and long-term plans to meet those goals.
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.
Strategic development directors and directors of product development have different pay scales, as shown below.
| Strategic Development Director | Director Of Product Development | |
| Average salary | $127,778 | $140,507 |
| Salary range | Between $89,000 And $182,000 | Between $100,000 And $196,000 |
| Highest paying City | Oakland, CA | San Mateo, CA |
| Highest paying state | California | California |
| Best paying company | SunPower | Apple |
| Best paying industry | Technology | Manufacturing |
There are a few differences between a strategic development director and a director of product development in terms of educational background:
| Strategic Development Director | Director Of Product Development | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between strategic development directors' and directors of product development' demographics:
| Strategic Development Director | Director Of Product Development | |
| Average age | 39 | 39 |
| Gender ratio | Male, 66.0% Female, 34.0% | Male, 72.0% Female, 28.0% |
| 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% |