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The differences between strategic planning directors and product directors 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 planning director and a product director. Additionally, a product director has an average salary of $148,910, which is higher than the $142,172 average annual salary of a strategic planning director.
The top three skills for a strategic planning director include project management, business development and financial models. The most important skills for a product director are product management, product strategy, and project management.
| Strategic Planning Director | Product Director | |
| Yearly salary | $142,172 | $148,910 |
| Hourly rate | $68.35 | $71.59 |
| Growth rate | 10% | 10% |
| Number of jobs | 59,153 | 125,200 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 73% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A strategic planning director is responsible for overseeing the organization's operations and processes to identify strategic initiatives that would drive the company to its long-term growth and development. Strategic planning directors identify business opportunities that would generate more revenue resources and profits by conducting data and statistical analysis with the current industry trends. They also monitor sales and marketing activities to ensure the efficient delivery of promotional campaigns on various market platforms. A strategic planning director must have excellent communication skills, especially in negotiating contracts with clients and maintaining a long-lasting business relationship.
The duties of a product director depend on one's place or industry of employment. Typically, their responsibilities revolve around overseeing the product development operations to ensure smooth flow and efficiency, devise strategies to improve processes, gather relevant data such as sales and customer feedback, and coordinate with different departments in developing new products and services. Furthermore, as a director, it is essential to lead and encourage departments to meet goals, all while implementing the company's policies and regulations, including its mission and vision.
Strategic planning directors and product directors have different pay scales, as shown below.
| Strategic Planning Director | Product Director | |
| Average salary | $142,172 | $148,910 |
| Salary range | Between $94,000 And $214,000 | Between $104,000 And $212,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Oregon | California |
| Best paying company | Meta | Meta |
| Best paying industry | Manufacturing | Internet |
There are a few differences between a strategic planning director and a product director in terms of educational background:
| Strategic Planning Director | Product Director | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between strategic planning directors' and product directors' demographics:
| Strategic Planning Director | Product Director | |
| Average age | 39 | 39 |
| Gender ratio | Male, 71.1% Female, 28.9% | Male, 72.4% Female, 27.6% |
| 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% |