Chief Operating Officer (COO)
Career GuideKey Responsibilities
- Develop and implement operational plans and strategies
- Oversee daily operations and manage operational budgets
- Collaborate with other executives to develop business strategies
- Ensure company operations align with industry regulations and standards
- Lead and manage a team of department heads and managers
Top Skills for Success
Leadership
Operational Management
Strategic Planning
Financial Acumen
Adaptability
Career Progression
Can Lead To
CEO
Board Member
Transition Opportunities
Consulting
Entrepreneurship
Common Skill Gaps
Often Missing Skills
Data AnalyticsDigital Transformation
Development SuggestionsConsider upskilling in data analytics and digital transformation through online courses or professional workshops to stay competitive in evolving business environments.
Salary & Demand
Median Salary Range
Entry Level$150,000 - $200,000
Mid Level$200,000 - $300,000
Senior Level$300,000 - $500,000
Growth Trend
The demand for COOs is steady, with a slight increase as companies focus on operational efficiency post-pandemic.Companies Hiring
Major Employers
AmazonGoogleGeneral ElectricProcter & Gamble
Industry Sectors
TechnologyManufacturingHealthcareFinance
Recommended Next Steps
1
Network with professionals in similar roles through industry conferences and online platforms.2
Pursue an advanced degree or certification in business administration or operational management.Explore More Roles
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