Senior vice presidents of operations work underneath the managing president of a business or company; they manage a company’s day-to-day functions using guidance, supervision, and leadership related to operational procedures. The specific tasks of this position vary from company to company, but a senior vice president is generally tasked with ensuring the company's operations are working within the laws and the company’s standards and goals.
The senior vice president of operations must be versed in the internal goals of the company, including its financial goals and corporate mission. They also help promote cooperation and compromise between the lower-level employees of a company and its president/chief operating officer. The vice president of operations is engaging in supervision, the hiring and firing process, employee reviews and appraisals, and monitoring the organization’s operational success. The senior vice president traditionally answers to a chief executive officer and may directly supervise general manages and general directors in the company to ensure proper employee and customer relations. Most senior vice presidents of operations find themselves overseeing a large portion of any given company's infrastructure.
Senior vice presidents tend to have master’s degrees in their field, or in management, finance, or a related discipline. Most senior vice presidents positions require a minimum 10 years of related experience, and many companies require 15 or more, as well as previous success in high-level management.
Senior Vice President (SVP), Operations Tasks
- Partner with other senior management to discuss strategies, objectives, and obstacles.
- Monitor and strategize to reach annual targets and new markets.
- Oversee and manage regional and cross-functional divisions of an organization.
- Oversee accounting and financial analysis, and monitor for profitability and losses.