Chief Operating Officer Job Description

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This one of the high-level management jobs in a company. It is also better known as the post of COO The Chief operating officer, as the name suggests, is the operating head of all the heads of department. All the departmental heads have to report to them. To know more about this post, read the chief operating officer job description we have provided.

Their job is extremely versatile in nature, since they have to handle all the departments; they have to know about the functioning of each department. The COO then reports to the Chief executive officer of the organization. That is how the hierarchy works in a typical organization. Some organizations, don't have the post of chief operating officer, instead, the CEO takes up the responsibility. However, in large organizations, a COO exists and bears the major brunt of the work.

With great responsibility comes great pay. They get a hefty salary, and are even given stock options. The chief operating officer has to keep a close watch on all the daily functions of the office and each department. They have to go through all the reports prepared by the departmental heads and make a final report for the authorities above them.

A chief operating officer's job is not just management, but it also involves the hard basic work. They have to get into the detail of every process in the company. They have to devise strategies with the higher authorities and have to coordinate with the mid and lower level management. Needless to say, they are the glue that holds the organization together. However, these are just a few of the duties of a COO to know more about this profession, read the chief operating officer job description for better understanding

Duties and Responsibilities of a Chief Operating Officer

• Report to the chief executive officer
• Manage all the departments in an organization
• Make strategize with the management regarding future plans and profits of the company
• Keep a close watch on all the finances of various departments
• Make sure all other departments are performing up to the required standards
• Solve any inter departmental issues that arise before any problems hamper the daily working
• Set the targets for each departments and help them in their budgets
• Keep a watch on the account books and make sure that they are in order as they can be required during any meeting held by the board
• Should be able handle a large number of employees
• Have to have good relations with all the employees as theirs is the face which represents the management to the employees
• Make reports for the higher management which are easy and understandable
• Building a great working environment for the employees
• Address employee issues on a regular basis
• Ensure the smooth functioning of all the processes in the company

Education Required for a Chief Operating Officer

• A bachelor's degree in business administration
• Master's degree will be an added advantage
• Should be competent with all the software used for report preparation in the company
• Experience of working with and in the management

Career Advancement

The COO have great opportunities of becoming CEO or Chairman of the company.