What Does a Chief Operating Officer Do?

The Chief Operating Officer (COO) is a senior executive responsible for managing and overseeing the day-to-day administrative and operational functions of a company. This person is usually the second in command of a business, reporting directly to the CEO. The COO will provide leadership and strategic vision to the organization, as well as communicate effectively and encourage growth between the executive team and all employees. This role is vital in driving results, stimulating growth, and increasing the overall efficiency of the corporation. A chief operating officer (COO) is responsible for managing a company's business operations.

They are accountable to the CEO and are among the highest-ranking employees in the organization. The COO develops goals set by the CEO and board of directors into strategies and operational objectives that will be implemented throughout the company. They also describe the vision and time frame for achieving these goals. The COO's day-to-day responsibilities may differ depending on the operating structure and needs of the company, as well as the industry in which it operates. Research in Motion's corporate structure had more than one chief operating officer, including Jim Rowan as chief operating officer for global operations and Thorsten Heins as director of product and sales operations. The salary of an operations manager varies by area of expertise, level of experience, education, certifications, and other factors.

Richard Fuld, the president and CEO of Lehman Brothers, had a number two succession under his command, usually titled as president and chief operating officer. If your company needs help finding the perfect Chief Operating Officer (COO), don't hesitate to contact us. The director of operations is responsible for controlling the entire operation of an organization using their administrative and management skills. High-level positions, including executive director and chief operating officer, are often in demand in business organizations. The traditional chief operating officer is a member of executive management responsible for maintaining and driving operating results within a company. In the business world, the chief operating officer is called the chief operating officer of a company, who is responsible for the day-to-day operations of the company at the executive level.