The missions of a COO
The COO, or Chief Operating Officer, is one of the most senior executive positions in a company. Usually second in command only to the CEO (Chief Executive Officer), he or she is responsible for the day-to-day running of the company. The COO ensures that the company's operations are efficient and effective, focusing on the execution of the company's long-term strategy.
Some examples of typical COO missions:
- Supervise and manage the company's day-to-day operations.
- Work with the CEO to establish strategic and operational plans.
- Establish operational policies and ensure their implementation.
- Supervise the heads of the company's various departments.
- Monitor the effectiveness of operations and implement improvements where necessary.
The main skills and qualities of a COO
- Leadership: The COO must be an effective leader, capable of directing a team and making strategic decisions.
- Change management : The COO must be able to manage change and implement new strategies or processes as needed.
- Analytical skills: able to analyze company performance and identify areas for improvement.
- Strong communication skills: The COO must be able to communicate effectively with his or her team, as well as with other members of management and stakeholders.
What training and experience do you need to become a COO?
To become a COO, solid experience in operations management is generally required. This includes experience in team management, project management and strategy. A degree in business or management, often at master's level, is also usually required.
How much does a COO earn?
A COO's salary can vary according to industry, company size and experience. However, the average gross annual salary is generally between €100,000 and €200,000.
What career paths for a COO?
For a COO, the next step could be to become CEO, taking over the general management of the company. Others might choose to specialize in a certain operations direction, for example by becoming COO in a specific industry.
