Product development manager Job Description
Product development manager Job Description Template
Product Development Managers spearhead the creation and refinement of products, overseeing all stages from ideation to launch. They strategize, coordinate teams, manage budgets, and ensure market relevance and profitability.
Responsibilities:
- Develop and implement product development strategies and plans to achieve business goals
- Conduct market research and analysis to identify customer needs, trends, and opportunities
- Collaborate with cross-functional teams, including engineering, design, marketing, and sales, to develop and launch new products
- Create and manage project timelines, budgets, and resources to ensure timely delivery of products
- Track and report on product performance metrics and use data to inform product development decisions
- Stay up-to-date on industry trends, competitor products, and emerging technologies to maintain a competitive edge
- Communicate product development status, risks, and opportunities to senior management and stakeholders
- Lead and mentor product development team members to foster a culture of innovation and excellence
Requirements:
- Bachelor's degree in business, engineering or a related field
- Proven experience in product development management
- Strong leadership and project management skills
- Excellent communication and interpersonal skills
- Ability to develop and execute product development strategies
- Knowledge of market trends and customer needs
- Experience in budgeting and financial management
- Familiarity with product development software and tools
