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Product Development Manager Jobs in Broadview, IL

Lead and oversee the product development team in a dynamic a fast-paced manufacturing environment ... Evaluate, prioritize, and schedule projects; assign to Project Managers based on complexity ...

Lead product development projects through ITW's New Product Development process, managing priorities, timelines, risks, and project execution from concept through launch. * Partner with Manufacturing ...

Showing results 41-60

Product Development Manager information

See Broadview, IL salary details

$41.9K

$125.3K

$142.5K

How much do product development manager jobs pay per year?

As of Sep 6, 2026, the average yearly pay for product development manager in Broadview, IL is $125,257.00, according to ZipRecruiter salary data. Most workers in this role earn between $112,900.00 and $141,000.00 per year, depending on experience, location, and employer.

What is a product development manager?

A Product Development Manager is a professional responsible for overseeing the process of creating new products or improving existing ones within a company. They coordinate cross-functional teams, manage timelines, and ensure that products meet market needs and business objectives. Their role often includes market research, product design, testing, and working closely with marketing, engineering, and sales teams to bring products to market successfully.

What does a product development manager do?

A product development manager helps a company design new goods and merchandise to increase sales and revenue. As a product development manager, you collaborate with market research and product marketing managers to form development and marketing strategy around new product ideas. You also work with teams in the product development and marketing departments to implement strategies and design new goods or services. You oversee quality assurance testing to ensure that the end user is satisfied with the products your company creates.

What are the key skills and qualifications needed to thrive as a product development manager, and why are they important?

To thrive as a Product Development Manager, you need expertise in project management, market analysis, and product lifecycle strategies, usually supported by a degree in business, engineering, or a related field. Familiarity with tools like Agile methodologies, product management software (e.g., Jira, Trello), and certifications such as PMP or Scrum Master are highly beneficial. Strong leadership, communication, and problem-solving skills help you motivate teams and navigate cross-functional collaboration. These competencies are crucial for driving innovation, meeting market demands, and ensuring successful product launches.

What are some common challenges a product development manager might face when balancing stakeholder expectations and project timelines?

A Product Development Manager often navigates the challenge of balancing diverse stakeholder expectations with realistic project timelines. Stakeholders, such as marketing, sales, and engineering teams, may have differing priorities or urgency, which can lead to conflicting demands. Effective communication, setting clear project milestones, and regularly updating all parties are essential strategies. Additionally, managing scope creep and ensuring alignment on product vision help prevent delays and maintain focus on deliverables.

What is the difference between Product Development Manager vs Product Manager?

AspectProduct Development ManagerProduct Manager
Primary FocusOversees the development process, managing teams and technical aspectsDefines product vision, strategy, and manages the product lifecycle
Required SkillsTechnical knowledge, project management, team leadershipMarket research, user experience, strategic planning
Work EnvironmentCollaborates with engineering, design, and production teamsWorks closely with marketing, sales, and customer feedback

While both roles are integral to product success, the Product Development Manager primarily focuses on managing the development process and technical teams, whereas the Product Manager concentrates on defining the product vision and strategy. Understanding these distinctions helps organizations assign the right responsibilities and professionals to each role.

Is product development manager a 9-5 job?

Product development managers often work standard business hours, but their schedule can extend beyond 9-5 depending on project deadlines, meetings, and company needs. They may need to be flexible, especially during product launches or critical phases, and often collaborate with cross-functional teams across different time zones.

What are the most commonly searched types of Product Development jobs in Broadview, IL?

The most popular types of Product Development jobs in Broadview, IL are:

What cities near Broadview, IL are hiring for Product Development Manager jobs?

Cities near Broadview, IL with the most Product Development Manager job openings:

Group Manager, Market Development & Product Strategy

Koch Industries

Lisle, IL • On-site

$140K - $175K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 25 days ago


Koch Industries rating

8.0

Company rating: 8.0 out of 10

Based on 53 frontline employees who took The Breakroom Quiz

138th of 545 rated manufacturers


Job description

Your Job
Molex is seeking a strategic and customer-centric Group Manager, Market Development & Product Strategy to help shape the future of our low to mid-power signal connector portfolio within the Power & Signal Business Unit (PSBU). In this role, you will lead a global team focused on understanding customer needs, identifying emerging market opportunities, and translating Voice of Customer insights into product and technology strategies that drive long-term growth. You will work at the intersection of customers, markets, engineering, and product management to uncover unmet needs, identify portfolio gaps, and influence new product development investments.
The ideal candidate combines strong technical and commercial acumen, with the ability to engage deeply with customers, understand evolving market dynamics, and partner across the organization to deliver innovative solutions that create value for both customers and Molex.
The position can be performed remotely; however, proximity to our Lisle, IL headquarters is preferred to support collaboration with key stakeholders.
Our Team
You will be part of Molex's Power and Signal Business Unit (PSBU), a global organization focused on delivering innovative connector solutions across key industrial, automotive, appliance, and general market applications. The team serves as the bridge between customers, markets, and product development. We partner closely with Product Management, Engineering, Technology, Sales, and New Market Development teams to identify where the market is heading, uncover whitespace opportunities, and help shape the next generation of solutions that support the long-term growth of the business.
What You Will Do
  • Lead and develop a global team responsible for market development, customer engagement, and growth initiatives across key target markets.
  • Build deep relationships with customers to understand business challenges, technology roadmaps, emerging application needs, and future market opportunities.
  • Drive Voice of Customer initiatives and translate customer and market insights into product strategy, portfolio investments, and new product development priorities.
  • Identify market gaps, whitespace opportunities, adjacent markets, and emerging technology trends to help shape the long-term growth strategy of the business.
  • Partner with Product Management, Engineering, Technology, and Project Management teams to develop innovative application-based solutions that address customer requirements and strengthen Molex's market position.
  • Develop and execute market strategies that support revenue growth, market share expansion, profitability, and long-term business objectives.
  • Serve as a strategic leader for assigned markets and key customer accounts, providing insight into competitive dynamics, industry trends, and future growth opportunities.
  • Collaborate with global Sales Engineers and commercial teams to align customer engagement strategies, support technical discussions, provide market intelligence, and accelerate growth opportunities.
  • Support strategic business planning through investment analysis, business case development, CAPEX justification, pricing strategy, and portfolio planning activities.
  • Represent Molex as a subject matter expert through customer presentations, technical seminars, industry events, trade shows, and thought leadership activities, while supporting the development of technical and marketing materials that enable successful product launches and growth initiatives.
  • Travel Expectations: Approximately 20%

Who You Are (Basic Qualifications)
  • 5+ years of experience in Market Development, Product Management, Product Strategy, Business Development, Strategic Marketing, Technical Sales or related experience.
  • Experience working directly with customers to identify business, technical, or application requirements.
  • Experience influencing cross-functional teams and driving initiatives across commercial and technical organizations.

What Will Put You Ahead
  • Bachelor's degree, preferrably in Electrical Engineering, Mechanical Engineering, or related technical discipline.
  • Experience in connectors, interconnect systems, industrial components, electromechanical products, or related technologies.
  • Proven ability to translate customer and market needs into new product development opportunities and portfolio growth strategies.
  • Strong understanding of Voice of Customer methodologies, market segmentation, and opportunity assessment.
  • Experience evaluating competitive landscapes, market trends, and emerging technologies to identify growth opportunities.
  • Experience leading teams and developing talent within technical, product, or market-facing organizations.

For this role, we anticipate paying $140,000 - $175,000 per year. This role is eligible for variable pay, issued as a monetary bonus or in another form.
At Koch companies, we are entrepreneurs. This means we openly challenge the status quo, find new ways to create value and get rewarded for our individual contributions. Any compensation range provided for a role is an estimate determined by available market data. The actual amount may be higher or lower than the range provided considering each candidate's knowledge, skills, abilities, and geographic location. If you have questions, please speak to your recruiter about the flexibility and detail of our compensation philosophy.
Hiring Philosophy
All Koch companies value diversity of thought, perspectives, aptitudes, experiences, and backgrounds. We are Military Ready and Second Chance employers. Learn more about our hiring philosophy here .
Who We Are
As a Koch company, Molex is a leading supplier of connectors and interconnect components, driving innovation in electronics and supporting industries from automotive to health care and consumer to data communications. The thousands of innovators who work for Molex have made us a global electronics leader. Our experienced people, groundbreaking products and leading-edge technologies help us deliver a wider array of solutions to more markets than ever before.
At Koch, employees are empowered to do what they do best to make life better. Learn how our business philosophy helps employees unleash their potential while creating value for themselves and the company.
Our Benefits
Our goal is for each employee, and their families, to live fulfilling and healthy lives. We provide essential resources and support to build and maintain physical, financial, and emotional strength - focusing on overall wellbeing so you can focus on what matters most. Our benefits plan includes - medical, dental, vision, flexible spending and health savings accounts, life insurance, ADD, disability, retirement, paid vacation/time off, educational assistance, and may also include infertility assistance, paid parental leave and adoption assistance. Specific eligibility criteria is set by the applicable Summary Plan Description, policy or guideline and benefits may vary by geographic region. If you have questions on what benefits apply to you, please speak to your recruiter.
Additionally, everyone has individual work and personal needs. We seek to enable the best work environment that helps you and the business work together to produce superior results.
Equal Opportunities
Equal Opportunity Employer, including disability and protected veteran status. Except where prohibited by state law, some offers of employment are conditioned upon successfully passing a drug test. This employer uses E-Verify. Please click here for additional information. (For Illinois E-Verify information click here , aquí , or tu ).
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