Plans and directs all aspects of an organization's product development policies, objectives, and initiatives.
Oversees research for new products, product enhancements, and product redesign. Ensures that product development activities align with the goals of the organization. Makes recommendations on the potential and practicality of products in development.
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 Chief Product Development Officer skill and competencie below to view definitions.
Skill definition-Creating, reviewing, and implementing engineering change requests, orders, and notifications.
Level 1 Behaviors
(General Familiarity)
Describes the concepts and definitions of engineering change management and processes.
Level 2 Behaviors
(Light Experience)
Follows a set of guidelines in providing support with engineering change management.
Level 3 Behaviors
(Moderate Experience)
Analyzes databases to provide critical status evaluations of engineering projects for change management.
Level 4 Behaviors
(Extensive Experience)
Leads periodic management audits of customer configuration and ISO9001 assessments.
Level 5 Behaviors
(Mastery)
Develops change management tools to document and track engineering code and order changes.
Skill definition-Analyzing a product’s features and materials during the design phase to reduce costs and increase functionality while maintaining consistent quality.
Level 1 Behaviors
(General Familiarity)
Explains value engineering concepts and applications for cost reduction programs.
Level 2 Behaviors
(Light Experience)
Follows the step-by-step process in maintaining low-cost production while not affecting the quality.
Level 3 Behaviors
(Moderate Experience)
Coordinates engineering activities between departments to develop and apply standardized design criteria.
Level 4 Behaviors
(Extensive Experience)
Implements design criteria and production requirements for proposed products within our organization.
Level 5 Behaviors
(Mastery)
Creates methods programs to track and report production costs when developing the designs.
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.
Level 2 Behaviors
(Light Experience)
Compiles results of quantitative and qualitative user research.
Level 3 Behaviors
(Moderate Experience)
Documents tasks performed and outcomes in each phase of the product development initiative.
Level 4 Behaviors
(Extensive Experience)
Facilitates post-implementation review to define the project's success and room for improvement.
Level 5 Behaviors
(Mastery)
Champions the development and execution of new products and streamlining of existing products.
Skill definition-The conceptualization and design of new and rebranded goods and services to maintain and increase market share and consumer demand.
Level 1 Behaviors
(General Familiarity)
Discusses the product marketing core framework and deliverables.
Level 2 Behaviors
(Light Experience)
Documents market research data needed for the product pricing.
Level 3 Behaviors
(Moderate Experience)
Communicates the vision and value of new products to the sales team.
Level 4 Behaviors
(Extensive Experience)
Leads the development of value propositions for marketing campaigns.
Level 5 Behaviors
(Mastery)
Leads the development and execution of product marketing initiatives from the ground up to delivery.
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.
Level 2 Behaviors
(Light Experience)
Reports and communicates market and competitor status regularly to the management team.
Level 3 Behaviors
(Moderate Experience)
Evaluates supply chain efficiency with an eye toward improving shortcomings.
Level 4 Behaviors
(Extensive Experience)
Leverages the latest technologies and tools that enhance business analytics.
Level 5 Behaviors
(Mastery)
Designs and implements feedback loops to identify and promptly address business problems.
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.
Level 2 Behaviors
(Light Experience)
Produces budget reports showing planned vs. actual variances highlighted and explained.
Level 3 Behaviors
(Moderate Experience)
Reviews and helps approve major budget adjustments to negotiate and reconcile line variances.
Level 4 Behaviors
(Extensive Experience)
Monitors budgeting processes to ensure adherence to our organization's financial practices and standards.
Level 5 Behaviors
(Mastery)
Forecasts asset needs to leverage available inventory and data compilation for annual budgeting.
There are 5 hard skills for Chief Product Development Officer, Engineering Change Management, Value Engineering, Product Engineering, etc.
2 general skills for Chief Product Development Officer, Product Development, Product Marketing.
12 soft skills for Chief Product Development Officer, Business Acumen, Budgeting, Goal Setting, 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 Chief Product Development Officer, he or she needs to be skilled in Business Acumen, be skilled in Budgeting, and be skilled in Goal Setting.
