Skills & Competencies for VP of Research & Development

VP of Research & Development job profile

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JOB SUMMARY for VP of Research & Development

Plans and directs all research and development policies, objectives, and initiatives for a division.

JOB RESPONSIBILITIES for VP of Research & Development

Leads research efforts to identify new technologies and other scientific concepts that can be used to improve current product offerings or create new products and services. Evaluates and recommends ideas for new products that may enhance the organization's competitive position and achieve growth in revenue and/or market share.

VP of Research & Development SALARY RANGE

BASE 50%
$298,618
TOTAL 50%
$383,609
Job Level
M05
Job Code
EX05000213
Education/Degree
Master's Degree or MBA
Reports To
Top Management

VP of Research & Development 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 VP of Research & Development skill and competencie below to view definitions.
INDUSTRY COMPETENCIES CORE COMPETENCIES
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5 hard skills or competencies (industry competencies) for VP of Research & Development

1 Industry Competency – Engineering Management
Proficiency Level -4
Skill definition-Applying management skills and engineering principles in overseeing technical projects and personnel.
Level 1 Behaviors
(General Familiarity)
Lists the types of tools and systems used to help facilitate engineering management processes.
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Level 2 Behaviors
(Light Experience)
Reports the advantages and limitations of engineering management structure to management.
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Level 3 Behaviors
(Moderate Experience)
Utilizes both business management and engineering capabilities to handle large-scale projects.
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Level 4 Behaviors
(Extensive Experience)
Manages engineering management audits to resolve quality issues of various mechanisms.
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Level 5 Behaviors
(Mastery)
Leads workstream management of the engineering teams to complete strategic programs.
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2 Industry Competency – Engineering Change Management
Proficiency Level -4
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)
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)
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 VP of Research & Development - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - VP of Research & Development
Proficiency Level - 4
5 Competency for - VP of Research & Development
Proficiency Level - 5

14 soft skills or competencies (core competencies) for VP of Research & Development

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)
Describes how our business makes money and our key business objectives.
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Level 2 Behaviors
(Light Experience)
Assists in designing business models and operating plans.
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Level 3 Behaviors
(Moderate Experience)
Applies technical expertise, business sense, and product knowledge to manage the product lifecycle effectively.
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Level 4 Behaviors
(Extensive Experience)
Consults on the selection and adjustment of the go-to-market strategy.
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Level 5 Behaviors
(Mastery)
Builds strong business partnerships internally and externally to drive "win-win" business successes.
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2 Core Competencies – Budgeting
Proficiency Level -4
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)
Compiles a list of basic issues and risks for conducting our budget processes.
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Level 2 Behaviors
(Light Experience)
Assists in developing and improving budgeting models, plans, and strategies.
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Level 3 Behaviors
(Moderate Experience)
Compares planned budgets vs. actual expenditures, identifies, reports, and explains variances.
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Level 4 Behaviors
(Extensive Experience)
Anticipates organizational income and expenses to make forecasts and develop budget plans.
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Level 5 Behaviors
(Mastery)
Adapts relevant industry trends on techniques in financial budgeting in our organization.
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3 VP of Research & Development - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - VP of Research & Development
Proficiency Level - 4
5 Competency for - VP of Research & Development
Proficiency Level - 5

Summary of VP of Research & Development skills and competencies

There are 5 hard skills for VP of Research & Development, Engineering Management, Engineering Change Management, Value Engineering, etc.
0 general skills for VP of Research & Development.
14 soft skills for VP of Research & Development, Business Acumen, Budgeting, Planning and Organizing, etc.
While the list totals 19 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 VP of Research & Development, 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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