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The differences between vice president, product managers and vice presidents, strategy can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a vice president, product manager and a vice president, strategy. Additionally, a vice president, strategy has an average salary of $164,392, which is higher than the $144,547 average annual salary of a vice president, product manager.
The top three skills for a vice president, product manager include product management, project management and portfolio. The most important skills for a vice president, strategy are analytics, project management, and healthcare.
| Vice President, Product Manager | Vice President, Strategy | |
| Yearly salary | $144,547 | $164,392 |
| Hourly rate | $69.49 | $79.03 |
| Growth rate | 10% | 10% |
| Number of jobs | 134,144 | 60,332 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 70% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A vice president, product manager is an executive professional who is responsible for managing a team of product managers that guide the success of a product and improving it. This vice president must develop marketing initiatives that could drive customer growth, product development, and improving cross-sell campaigns. The vice president should collaborate with multiple teams to provide various product ideas and business cases. This vice president must also interact with clients so that they can identify their needs and address issues related to the product.
A vice president of strategy is responsible for delegating and reviewing market target research and assessing the areas that a company should focus on for further development. The position requires strong management and leadership skills to supervise a team of customer research specialists. Other essential skills that a vice president of strategy should possess to accomplish his/her or her responsibilities include knowledge of computer analytic software and data visualization and excellent communication skills. A four-year college degree is the minimum education requirement for the position.
Vice president, product managers and vice presidents, strategy have different pay scales, as shown below.
| Vice President, Product Manager | Vice President, Strategy | |
| Average salary | $144,547 | $164,392 |
| Salary range | Between $102,000 And $204,000 | Between $114,000 And $236,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Rhode Island | Alaska |
| Best paying company | Pacific Investment Management Company LLC | Brandywine Realty Trust |
| Best paying industry | Finance | Insurance |
There are a few differences between a vice president, product manager and a vice president, strategy in terms of educational background:
| Vice President, Product Manager | Vice President, Strategy | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between vice president, product managers' and vice presidents, strategy' demographics:
| Vice President, Product Manager | Vice President, Strategy | |
| Average age | 39 | 39 |
| Gender ratio | Male, 64.6% Female, 35.4% | Male, 73.6% Female, 26.4% |
| 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% |