Manager of Product Development Salary in Minnesota

The Manager of Product Development evaluates and resolves technical feasibility, design optimization, and production issues. Manages and coordinates product development projects. Being a Manager of Product Development researches and monitors existing client base and industry developments and identifies potential new product opportunities. Ensures that labeling and marketing/promotional literature match product specifications. In addition, Manager of Product Development works with other departments to establish a design, technology, product development, and vendor strategy. Manages project budgets and prepares financial analysis reports for top management. May require a bachelor's degree or in a related area. Typically reports to top management. The Manager of Product Development manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. Working as a Manager of Product Development typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2024 Salary.com)

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