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Vice president of research and development vs director of product development

The differences between vice presidents of research and development and directors of product development can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become a vice president of research and development, becoming a director of product development takes usually requires 8-10 years. Additionally, a vice president of research and development has an average salary of $170,226, which is higher than the $140,507 average annual salary of a director of product development.

The top three skills for a vice president of research and development include R, product development and project management. The most important skills for a director of product development are product development, project management, and product management.

Vice president of research and development vs director of product development overview

Vice President Of Research And DevelopmentDirector Of Product Development
Yearly salary$170,226$140,507
Hourly rate$81.84$67.55
Growth rate2%10%
Number of jobs120,333175,429
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 71%
Average age4839
Years of experience-10

What does a vice president of research and development do?

A vice president of research and development will lead a team of engineers in developing innovative products on time and on budget. This role will require you to perform a variety of tasks that include executing the company's overall technology vision, managing the appropriate development methodologies, and creating an organizational structure that will drive a high performing development team to deliver high-quality solutions to the market. In addition, you will be responsible for attracting, developing, and retaining top talent for the research and development function.

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.

Vice president of research and development vs director of product development salary

Vice presidents of research and development and directors of product development have different pay scales, as shown below.

Vice President Of Research And DevelopmentDirector Of Product Development
Average salary$170,226$140,507
Salary rangeBetween $114,000 And $253,000Between $100,000 And $196,000
Highest paying CitySan Francisco, CASan Mateo, CA
Highest paying stateWashingtonCalifornia
Best paying companyOrganonApple
Best paying industryFinanceManufacturing

Differences between vice president of research and development and director of product development education

There are a few differences between a vice president of research and development and a director of product development in terms of educational background:

Vice President Of Research And DevelopmentDirector Of Product Development
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 71%
Most common majorElectrical EngineeringBusiness
Most common collegeUniversity of Michigan - Ann ArborUniversity of Georgia

Vice president of research and development vs director of product development demographics

Here are the differences between vice presidents of research and development' and directors of product development' demographics:

Vice President Of Research And DevelopmentDirector Of Product Development
Average age4839
Gender ratioMale, 85.0% Female, 15.0%Male, 72.0% Female, 28.0%
Race ratioBlack or African American, 3.1% Unknown, 4.6% Hispanic or Latino, 8.7% Asian, 14.2% White, 69.2% 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 Percentage9%10%

Differences between vice president of research and development and director of product development duties and responsibilities

Vice president of research and development example responsibilities.

  • Manage initial implementation of GMP procedures.
  • Manage and direct OEM manufacturing partner.
  • Manage software application implementation for time reporting/project-costing system to aid in understanding project spending and improve portfolio prioritization and execution.
  • Isolate malignant free cells using GMP methodology suitable for regulatory approval and clinical use in cancer patients.
  • Assist in the development of the quality and design control system in compliance with FDA device development regulation.
  • Provide clinical data for FDA submissions on instrumentation and clinical utility claims.
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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.
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Vice president of research and development vs director of product development skills

Common vice president of research and development skills
  • R, 34%
  • Product Development, 10%
  • Project Management, 4%
  • Strategic Plan, 3%
  • Intellectual Property, 3%
  • Regulatory Affairs, 3%
Common director of product development skills
  • Product Development, 12%
  • Project Management, 9%
  • Product Management, 9%
  • R, 7%
  • Product Strategy, 4%
  • Market Research, 3%

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