6 hard skills or competencies (industry competencies) for Product Development Director
Skill definition-Analyzing economic, technical, and legal considerations to determine the cost and risks of projects.
Level 1 Behaviors
(General Familiarity)
Cites the designs and methods used in a feasibility study.
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Level 2 Behaviors
(Light Experience)
Assists and helps write a comprehensive feasibility study.
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Level 3 Behaviors
(Moderate Experience)
Completes and distributes feasibility questionnaires on time to sites.
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Level 4 Behaviors
(Extensive Experience)
Delivers data-driven and end-to-end operational feasibility studies to forecast milestones.
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Level 5 Behaviors
(Mastery)
Builds various approaches in feasibility studies to leverage services for multiple engineering projects.
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Skill definition-Creating, reviewing, and implementing engineering change requests, orders, and notifications.
Level 1 Behaviors
(General Familiarity)
Cites the engineering principles and procedures in implementing changes to components or products.
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Level 2 Behaviors
(Light Experience)
Assists in completing basic administrative tasks of engineering change management processes.
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Level 3 Behaviors
(Moderate Experience)
Analyzes changes of product configuration to determine the effect on the product design.
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Level 4 Behaviors
(Extensive Experience)
Coordinates with stakeholders regarding engineering change management to verify the status of process changes.
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Level 5 Behaviors
(Mastery)
Builds engineering change and control databases and systems to management initiatives.
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3 general skills or competencies (Job family competencies) for Product Development Director
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)
Discusses different types of market research, such as focus groups, polls, and surveys.
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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)
Evaluates consumer preferences to identify the potential sales of a product or service.
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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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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)
Cites the uses of basic prototyping equipment and design software.
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Level 2 Behaviors
(Light Experience)
Compiles results of quantitative and qualitative user research.
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Level 3 Behaviors
(Moderate Experience)
Documents tasks performed and outcomes in each phase of the product development initiative.
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Level 4 Behaviors
(Extensive Experience)
Facilitates post-implementation review to define the project's success and room for improvement.
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Level 5 Behaviors
(Mastery)
Champions the development and execution of new products and streamlining of existing products.
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15 soft skills or competencies (core competencies) for Product Development Director
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)
Explains our key business strategies and priorities.
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Level 2 Behaviors
(Light Experience)
Reports and communicates market and competitor status regularly to the management team.
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Level 3 Behaviors
(Moderate Experience)
Implements effective marketing strategies that achieve improved business outcomes.
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Level 4 Behaviors
(Extensive Experience)
Optimizes business processes based on deep insight into various business unit functions.
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Level 5 Behaviors
(Mastery)
Evaluates industry and market trends to identify new business opportunities.
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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 importance of budget reporting and forecasting in our workplace.
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Level 2 Behaviors
(Light Experience)
Supplies supporting information and justification for major line items.
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Level 3 Behaviors
(Moderate Experience)
Utilizes software tools and applications to forecast our annual budget accurately.
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Level 4 Behaviors
(Extensive Experience)
Provides in-depth training to our entire organization about the zero based budgeting methodology.
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Level 5 Behaviors
(Mastery)
Forecasts asset needs to leverage available inventory and data compilation for annual budgeting.
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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.