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%
$273,697
TOTAL 50%
$327,440
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)
Lists the methodologies and practices in engineering change management processes.
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Level 2 Behaviors
(Light Experience)
Supports the implementation of change documentation activities to eliminate error.
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Level 3 Behaviors
(Moderate Experience)
Performs engineering change control and processes all technical data requests for classified documentation.
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Level 4 Behaviors
(Extensive Experience)
Monitors performance outcomes to improve accuracy and consistency of all handled documentations.
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Level 5 Behaviors
(Mastery)
Generates value-added proposals to implement top-level engineering change management.
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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)
Names our key stakeholders from a business value chain perspective.
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Level 2 Behaviors
(Light Experience)
Supports the planning, implementation, and management of training programs that foster process improvements.
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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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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)
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)
Introduces technologies, policies, and programs for more effective budget management.
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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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