Skills & Competencies for Product Development Director

Product Development Director job profile

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JOB SUMMARY for Product Development Director

Oversees and implements product development policies, objectives, and initiatives.

JOB RESPONSIBILITIES for Product Development Director

Leads research for new products, product enhancements, and product redesign. Evaluates the potential and practicality of products in development.

Product Development Director SALARY RANGE

BASE 50%
$213,435
TOTAL 50%
$247,807
Job Level
M04
Job Code
EX05000245
Education/Degree
Bachelor's Degree
Reports To
Top Management

Product Development Director Skills and Competencies List

Proficiency Levels and Behavioural Indicators
Salary.com identifies five increasing levels of proficiency for each skill/competency. Some jobs require only a relatively low level of proficiency in each skill/competency, while other jobs will require a more advanced level of proficiency in the same skill/competency. These levels rate the degree of proficiency (skill level, expertise) we expect the incumbent to perform in the given skill/competency for the given job. Note that we intentionally do not associate timeframes or years of experience in performing the skill/competency because that can be misleading. Proficiency levels identify what the incumbent knows and can do rather than how long they have been doing it. Also, note that the proficiency levels are cumulative, e.g., a level 4 proficiency implies the ability to perform all the behaviors at the lower levels.
Check each Product Development Director skill and competencie below to view definitions.
INDUSTRY COMPETENCIES JOB FAMILY COMPETENCIES CORE COMPETENCIES
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6 hard skills or competencies (industry competencies) for Product Development Director

1 Industry Competency – Feasibility Study
Proficiency Level -3
Skill definition-Analyzing economic, technical, and legal considerations to determine the cost and risks of projects.
Level 1 Behaviors
(General Familiarity)
Describes the principles and procedures used in feasibility studies.
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Level 2 Behaviors
(Light Experience)
Carries out the feasibility study of project requirements.
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Level 3 Behaviors
(Moderate Experience)
Examines and summarizes the findings of the feasibility study.
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Level 4 Behaviors
(Extensive Experience)
Enhances the feasibility study process to align with the project strategy.
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Level 5 Behaviors
(Mastery)
Champions the execution of protocol design optimization for robust feasibility study assessments.
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2 Industry Competency – Engineering Change Management
Proficiency Level -3
Skill definition-Creating, reviewing, and implementing engineering change requests, orders, and notifications.
Level 1 Behaviors
(General Familiarity)
Cites the possible change management challenges to the engineering products and quality improvements.
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Level 2 Behaviors
(Light Experience)
Follows a set of guidelines in providing support with engineering change management.
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Level 3 Behaviors
(Moderate Experience)
Analyzes databases to provide critical status evaluations of engineering projects for change management.
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Level 4 Behaviors
(Extensive Experience)
Facilitates training on change management processes to maintain engineering standards and quality.
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Level 5 Behaviors
(Mastery)
Champions the adoption of change management processes to uphold crucial engineering objectives.
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3 Product Development Director - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Product Development Director
Proficiency Level - 4
5 Competency for - Product Development Director
Proficiency Level - 5

3 general skills or competencies (Job family competencies) for Product Development Director

1 Job Family Competencies – Market Research
Proficiency Level -3
Skill definition-Gathering information about a business's potential customers to determine the feasibility of a new product or service.
Level 1 Behaviors
(General Familiarity)
Describes the fundamentals and concepts of market research.
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Level 2 Behaviors
(Light Experience)
Compiles market research data gathered from available sources and public information.
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Level 3 Behaviors
(Moderate Experience)
Employs data collection tools to gather and analyze potential customers' information.
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Level 4 Behaviors
(Extensive Experience)
Directs all aspects of market research and analytics methodologies across our business.
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Level 5 Behaviors
(Mastery)
Builds advanced marketing research strategies to gain a competitive edge in the market.
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2 Job Family Competencies – Product Development
Proficiency Level -4
Skill definition-Overseeing the creation of new products or improvement of the performance, cost, or quality of existing products to achieve business goals.
Level 1 Behaviors
(General Familiarity)
Describes the different phases in the new product development process.
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Level 2 Behaviors
(Light Experience)
Conducts basic product testing at various stages of product development.
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Level 3 Behaviors
(Moderate Experience)
Helps in the manufacturing and design activities by creating prototypes.
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Level 4 Behaviors
(Extensive Experience)
Monitors prototyping and quality testing in each phase of product development.
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Level 5 Behaviors
(Mastery)
Creates ideas for new products and evaluates feasibility in terms of profit, resources, and compliance.
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3 Product Development Director - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Product Development Director
Proficiency Level - 4
5 Competency for - Product Development Director
Proficiency Level - 5

15 soft skills or competencies (core competencies) for Product Development Director

1 Core Competencies – Business Acumen
Proficiency Level -3
Skill definition-Insight into our organization's business, goals, and values. Ability to design and implement initiatives that facilitate successful outcomes.
Level 1 Behaviors
(General Familiarity)
Discusses the strengths and weaknesses of our products and services.
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Level 2 Behaviors
(Light Experience)
Explains advantages and disadvantages of different organizational structures from an efficiency perspective.
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Level 3 Behaviors
(Moderate Experience)
Evaluates supply chain efficiency with an eye toward improving shortcomings.
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Level 4 Behaviors
(Extensive Experience)
Leverages the latest technologies and tools that enhance business analytics.
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Level 5 Behaviors
(Mastery)
Designs and implements feedback loops to identify and promptly address business problems.
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2 Core Competencies – Budgeting
Proficiency Level -3
Skill definition-Applying specific policies, tools and practices to plan and prepare projected revenues, expenses, cash flows, and capital expenditures.
Level 1 Behaviors
(General Familiarity)
Explains the different purposes and uses of our organization's budgets.
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Level 2 Behaviors
(Light Experience)
Produces budget reports showing planned vs. actual variances highlighted and explained.
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Level 3 Behaviors
(Moderate Experience)
Reviews and helps approve major budget adjustments to negotiate and reconcile line variances.
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Level 4 Behaviors
(Extensive Experience)
Monitors budgeting processes to ensure adherence to our organization's financial practices and standards.
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Level 5 Behaviors
(Mastery)
Establishes operating procedures to guide the consistency and repeatability of our budgeting processes.
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3 Product Development Director - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Product Development Director
Proficiency Level - 4
5 Competency for - Product Development Director
Proficiency Level - 5

Summary of Product Development Director skills and competencies

There are 6 hard skills for Product Development Director, Feasibility Study, Engineering Change Management, Value Engineering, etc.
3 general skills for Product Development Director, Market Research, Product Development, Product Marketing.
15 soft skills for Product Development Director, Business Acumen, Budgeting, Planning and Organizing, etc.
While the list totals 24 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Product Development Director, he or she needs to be skilled in Business Acumen, be skilled in Budgeting, and be skilled in Planning and Organizing.

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