Head of Product Development Salary in Virginia

The Head of Product Development oversees research and concept development activities to innovate new products, product enhancements, and product redesign. Provides leadership, vision, and strategy for new product development and product lifecycle management of existing products. Being a Head of Product Development champions new product development and leads collaboration with internal stakeholders, including marketing, sales, and manufacturing, to ensure that new and existing products support the organization's financial goals. Conducts market analysis and interacts with customers and prospects to identify new markets, articulate the value proposition, define requirements, and lead the development of a product roadmap. In addition, Head of Product Development requires a bachelor's degree. Typically reports to top management. The Head of Product Development manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head. (Copyright 2024 Salary.com)

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