GM - Product Development Job Description Template
As the GM - Product Development, you will oversee the entire product lifecycle from ideation to launch, ensuring products align with business goals and customer needs. You will work closely with various departments to bring innovative and high-quality products to market.
Responsibilities
- Lead the product development process from concept to market launch.
- Manage and mentor cross-functional teams including engineering, design, marketing, and sales.
- Analyze market trends and consumer needs to identify opportunities for new products.
- Develop and implement product strategies and roadmaps.
- Ensure projects are completed on time, within scope, and within budget.
- Collaborate with stakeholders to set product vision and priorities.
- Monitor competitive landscape and adjust strategy accordingly.
- Manage product lifecycle and make data-driven decisions for continuous improvement.
Qualifications
- Bachelor’s degree in Business, Engineering, or a related field.
- 10+ years of experience in product management or related roles.
- Proven track record of successfully managing product development teams.
- Strong leadership and team management skills.
- Excellent analytical and problem-solving abilities.
- Exceptional communication and interpersonal skills.
- Ability to think strategically and execute methodically.
- Experience with product lifecycle management.
Skills
- Product Lifecycle Management
- Strategic Planning
- Market Analysis
- Team Leadership
- Project Management
- Data Analysis
- Communication
- Budget Management
Frequently Asked Questions
A GM - Product Development leads the product development strategy, managing cross-functional teams to create and launch new products. This role involves overseeing the entire product lifecycle, from concept through market launch, ensuring products meet consumer needs and align with business objectives.
To become a GM - Product Development, one typically needs a combination of advanced education, such as an MBA or relevant engineering degree, and extensive experience in product management or related fields. Leadership skills, strategic vision, and an ability to innovate are also crucial for success in this role.
The average salary for a GM - Product Development varies based on location, industry, and experience. Generally, this role is well-compensated due to its high level of responsibility, with competitive packages that may include bonuses and stock options reflecting the strategic importance of the position.
A GM - Product Development typically requires a strong educational background in business, engineering, or a related field, often complemented by an advanced degree like an MBA. Extensive experience in product management, along with leadership skills, is crucial for securing this strategic role.
A GM - Product Development must possess strong leadership, strategic thinking, and communication skills. Responsibilities include guiding product strategy, managing development teams, and ensuring successful product launches. Proficiency in market analysis and innovation is also essential for driving product growth.