Chief operations officers (COO) are in charge of planning and overseeing all the company operations and projects. They are responsible for creating operation strategies to increase profitability of their organization, and they actively participate in corporate efforts to increase brand loyalty. They work closely with the chief financial officer to create transparency in expenses and financial reports. COOs also implement new marketing initiatives and measure their effectiveness, as well as create company-wide policies to boost productivity. They also help develop or guide internal training programs for new products or services.
Chief Operations Officer (COO) Tasks
Implement the strategies set by the Board of Directors and the CEO.
Improve operating procedures to increase profits and/or make the organization more efficient.
Direct the day to day operations of the organization.