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A chief operating officer (COO), also called chief operations officer, is an executive in charge of the daily operations of an organization (i.e. personnel, resources, and logistics). COOs are usually second-in-command immediately after the CEO , and report directly to them, acting on their behalf in their absence.
There are considerable variations in the composition and responsibilities of corporate titles. Within the corporate office or corporate center of a corporation, some corporations have a chairman and chief executive officer (CEO) as the top-ranking executive, while the number two is the president and chief operating officer (COO); other corporations have a president and CEO but no official deputy.
COOs are reshaping leadership by navigating a professional world characterized by mutability, dynamism, and uncertainty.
Corporate titles or business titles are given to company and organization officials to show what job function, and seniority, a person has within an organisation. [1] The most senior roles, marked by signing authority, are often referred to as "C-level", "C-suite" or "CxO" positions because many of them start with the word "chief". [2]
A COO’s core job is to ensure "the trains run efficiently, and one of the truest measurements of efficiency is financial health,” Scott W. Simmons, comanaging partner at Crist Kolder told me.
In fast-changing times, that may be why the COO role is making a comeback, ... The operations agenda helps achieve overall business goals. - Adina Eckstein, COO/chief people officer, Lemonade.
Some of what used to be managed by a COO has drifted into the CFO’s purview. The COO role is making a comeback—but the twist is that its often finance chiefs taking on the role as ‘CFO plus ...
Chief operating officer or chief operations officer, high-ranking corporate official Concept of operations , used in Systems Engineering Management Process Country of origin , a representative to the country or countries of manufacture, production, design, or brand origin where an article or product comes from
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