Description of job position
- Define and drive the product development strategy aligned with the company's overall goals and market trends.
- Lead and mentor a diverse team of product managers, designers, engineers, and other specialists to ensure collaboration, creativity, and efficient project execution.
- Foster a culture of innovation by encouraging the generation of new product ideas, features, and improvements based on customer feedback and industry insights.
- Develop and maintain a comprehensive product roadmap that outlines key milestones, timelines, and resource allocation for the entire product development lifecycle.
- Collaborate closely with marketing, sales, operations, and other departments to gather input, align strategies, and ensure successful product launches.
- Oversee the quality control process, ensuring that products meet or exceed customer expectations and adhere to relevant quality standards.
- Identify potential risks and challenges in product development, implementing mitigation strategies to minimize disruptions and delays.
- Stay informed about market trends, competitive landscape, and customer preferences to inform product strategies and enhance market positioning.
- Manage the product development budget, making informed decisions to optimize resource allocation and maximize return on investment.
- Establish and track key performance indicators (KPIs) related to product development, using data-driven insights to continuously improve processes and outcomes.
For companies – be confident when making decisions about salaries
Set the salaries of your employees fairly. A detailed salary report will help you to do this. You will always have relevant salary data to hand.
The most common career path of an employee
The graphic shows how employees most often progress in their careers. Click on the name of the position to get to its detail with salary data.
Position Head of product development - Management in the labour market
In the salary ranking,
the job position takes
Women representation in position
Average age of respondent by position
813. place
Nursery School Teacher Assistant
Education, Science & Research
4,517 - 10,615 SCR
13. place
Sales Director
Top Management
15,531 - 61,015 SCR
12. place
Head of product development
Management
17,568 - 62,774 SCR
11. place
Managing Director
Top Management
17,116 - 63,791 SCR
1. place
Chief Executive Officer
Top Management
20,945 - 88,216 SCR
Is this salary range too huge?
You can find out the average salary by filling out a short questionnaire
Compare your salary for freeGet detailed information on salaries in your country
Pro
Salary report for the company
118.80 EUR*
* incl. VAT / 99.00 EUR excl. VAT
Order the report- Salary on position by region*, education, practice, business size
- Total salary and its components* (variable component, commissions, rewards)
- Responder distribution to payroll
- Salary ranges expressed by 1st decile, 1st quartile, median, 3rd quartile, 9th decile, and average wage.
- Detailed breakdown of all monitored non-financial benefits provided*
- Financial benefit analysis* * available when regression model is used
