Chief Operating Officer
Oversee operational performance and processes in a business.
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Job opportunities
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Jobs in Jobstreet right now
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Typical monthly salary
Job growth
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In the last year
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What's it like to be a Chief Operating Officer?
The Chief Operating Officer (COO) implements the operational vision of the CEO. They report back to the CEO and often handle internal affairs such as coordinating with the sales manager, tech manager, and support manager to meet the expectations of the CEO. For example, if a business experiences a decline in sales due to product quality, the COO may be responsible for implementing strategies that improve quality control measures. In this instance, the COO could instruct the human resources department to hire more personnel.
Tasks and duties
- Leading initiatives to steer the company’s future under the CEO’s vision.
- Designing communication policies for employees and building core teams alongside the human resources department.
- Evaluating the performance of the business by analysing data.
- Participating in expansion activities like investments, corporate alliances and acquisitions.
- Initiating the roll out of new products, including their production, research and marketing.
How to become a Chief Operating Officer
It takes many years of education and experience to become a Chief Operating Officer. Expanding your professional network can be beneficial.
- Complete a bachelor degree in business administration or another relevant discipline.
- Consider completing a Master of Business Administration or equivalent to give yourself a competitive edge; this will also give you corporate knowledge to succeed as a COO, like teamwork competencies, statistical methods, and leadership.
- Some companies may require professional certifications, like Associate Chartered Accountant (ACA) or Project Management Professional (PMP).
- Gain extensive experience. COOs usually have many years of business and leadership experience.
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Skills and experience employers are looking for
Having the right skills and experience can make you an in-demand applicant. Chief Operating Officer employers on Jobstreet are looking for job seekers with expertise in the following areas.
Source: Jobstreet job ads and Jobstreet Profile data
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Latest Chief Operating Officer reviews
Nov 2022
Reviewer's Qualification
Bachelor of Business
Experience
10+ years
Organisation size
Medium (20-199 employees)
The good things
- Autonomy and creativity
- Empowerment from the management
- Opportunities to grow and inspire younger generations
The challenges
The constant change in the industry as well as the world macroeconomic situation.
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Source: Jobstreet role reviews
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