Who is it? The COO is a relatively new position in the domestic market, which is often confused with the executive director. Despite the overlap of duties, the COO (title in English) is engaged in his own tasks.
How to find? Selecting a candidate for the position of COO is not easy. There are no universal schemes here. However, practice shows that there are important indicators that will reveal how well a person fits the vacancy.
The article explains:
Who is the COO
Who doesn't need a COO
Functions, duties and rights of the Chief Operating Officer
General skills and abilities of the COO
3 Key Skills of a COO
7 Roles of a COO in a Company
Stages of hiring a COO
Important nuances in selecting an operational director
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Who is the COO
The duties of the Chief overseas chinese in uk data Operating Officer (COO) include overseeing the execution of routine tasks at the enterprise. In order to better understand the boundaries of his area of responsibility, we can compare his activities with the work of the chief executive and draw a direct parallel "executor - dreamer". In this case, the second is the same CEO. He works with the external market, looks for investors, generates new ideas. As a leader, he is engaged in setting goals that the enterprise must achieve.
Who is the COO
The COO is the creator of conditions for achieving certain goals. His organizational skills are always at the highest level, because this person understands what exactly needs to be done to achieve success, how to properly build a work process.
At first glance, it may seem that all these responsibilities are included in the activities of the executive director and there is no difference between these positions. Yes, the responsibilities of both are similar. The confusion arose due to the dual interpretation of the name of the profession. In neighboring countries, the executive chief is a manufacturer, a top manager who exercises full control over daily work processes. But in Western countries, all these activities are taken on by the chief operating officer, called COO.
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Each company requires the hired specialists to perform a specific range of tasks. For large enterprises, the position of one operational director may not be enough, so an executive director is also hired. In this case, the work is divided as follows:
The executive thinks through the tasks based on the strategic plan and also works out the coordination activities of all departments.
The COO works on already formed goals. He delegates their execution to competent specialists and monitors their implementation.
In other words, the first one establishes the relationship between strategic and tactical management, and the second one deals with daily routine activities.
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