A person working as a Product Development Director in United States of America will on average earn $136517 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $136,517.00 |
| Weekly salary | $2,625.33 |
| Daily salary | $374.02 |
| Hourly salary | $46.75 |
This means product development director salary is above average!
Job Industry: manufacturing
Description: A Product Development Director is responsible for overseeing the entire lifecycle of a product, from its conceptualization to its launch. They lead a team of professionals in developing and implementing strategies to bring innovative products to market, ensuring they meet customer needs and align with company goals. This role involves conducting market research, identifying trends, and analyzing consumer insights to drive product development decisions. The Product Development Director collaborates with cross-functional teams, including design, engineering, marketing, and sales, to ensure the successful execution of product plans. They also manage budgets, timelines, and resources, while monitoring project progress and making necessary adjustments. A strong focus on product quality, competitive analysis, and staying up-to-date with industry advancements is crucial. The ultimate goal is to deliver high-quality products that generate revenue and maintain a competitive edge in the market.
Tagged with: Product Development, Innovation, Market Research, Project Management, Cross-functional Collaboration, Competitive Analysis