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The differences between vice presidents, strategy and vice presidents, product management 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, strategy and a vice president, product management. Additionally, a vice president, product management has an average salary of $183,231, which is higher than the $164,392 average annual salary of a vice president, strategy.
The top three skills for a vice president, strategy include analytics, project management and healthcare. The most important skills for a vice president, product management are product management, analytics, and product strategy.
| Vice President, Strategy | Vice President, Product Management | |
| Yearly salary | $164,392 | $183,231 |
| Hourly rate | $79.03 | $88.09 |
| Growth rate | 10% | 10% |
| Number of jobs | 60,332 | 185,361 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 70% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
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.
A vice president of product management is responsible for handling the overall operational decisions of product deliverables, creating strategic procedures for product marketing strategy, and ensuring that the outputs provide the highest customer satisfaction. The vice president of product management monitors the department's budget, allocating adequate resources to every team to support operational promotions and research on current market trends. They also adjust product management approaches to meet the company's goals and objectives and identify opportunities to increase revenues and profitability.
Vice presidents, strategy and vice presidents, product management have different pay scales, as shown below.
| Vice President, Strategy | Vice President, Product Management | |
| Average salary | $164,392 | $183,231 |
| Salary range | Between $114,000 And $236,000 | Between $127,000 And $262,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Alaska | Alaska |
| Best paying company | Brandywine Realty Trust | Okta |
| Best paying industry | Insurance | Start-up |
There are a few differences between a vice president, strategy and a vice president, product management in terms of educational background:
| Vice President, Strategy | Vice President, Product Management | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between vice presidents, strategy' and vice presidents, product management' demographics:
| Vice President, Strategy | Vice President, Product Management | |
| Average age | 39 | 39 |
| Gender ratio | Male, 73.6% Female, 26.4% | Male, 80.9% Female, 19.1% |
| 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% |