The position of chief operating officer (COO) drives value by serving multiple functions and may be created at specific times in an organization’s development. This briefing examines the often misunderstood role of the COO.
Helping CEOs Drive Value: The Role of the Chief Operating Officer
Helping CEOs Drive Value: The Role of the Chief Operating Officer
People and Culture
$495.00
The role of the chief operating officer (COO) can be a valuable addition to the executive team. For many organizations, the COO adds value in a number of ways, including leveraging and executing aspects of CEO workload, enabling efficient decision-making, providing unifying oversight of multiple lines of business, and developing a potential CEO successor.
This briefing examines the often misunderstood role of the COO. Several themes are explored, including the scope of the role; reasons why the role of the COO is used in some organizations and not in others; the benefits and challenges of the role of COO; key drivers of success for the role; and implications and risks associated with the role of the COO. Research for this briefing involved a combination of interviews with 12 chief human resources officers about the role of a COO and a literature review.
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