Five key Decisions made by chief operations officer
Website: https://www.lakeb2b.com/coo-email-lists-and-mailing-list COO is a vital aspect in developing and surging the organization's strategy to the lower-ranking staff and coaching/corrective practices to align their personnel with company goals. Due to their evolving role, marketers are desperately seeking means to tie up with them and endorse their solutions, and services related to effective operational functioning
Website: https://www.lakeb2b.com/coo-email-lists-and-mailing-list COO is a vital aspect in developing and surging the organization's strategy to the lower-ranking staff and coaching/corrective practices to align their personnel with company goals. Due to their evolving role, marketers are desperately seeking means to tie up with them and endorse their solutions, and services related to effective operational functioning
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FIVE KEY DECISIONS MADE BY<br />
CHIEF OPERATIONS OFFICER<br />
Leadership is about making others better as a result of your presence<br />
and making sure that the impact lasts in your absence<br />
-Sheryl Sandberg<br />
COO Facebook<br />
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Overview<br />
Introduction<br />
What defines the COO?<br />
List of topics on which decisions are <strong>made</strong><br />
Explanation the topic<br />
Conclusion<br />
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Introduction<br />
Quality and speedy decisions elevate the productivity of an<br />
organization. COOs must not only make good judgments themselves,<br />
but also grow the decision-making abilities of his or her team, facilitate<br />
decisions that support the corporate strategy, and build buy-in for<br />
final decisions.<br />
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What defines the COO?<br />
Image : growthbusiness.co.uk/the-evolution-of-the-coo-2510311/Source<br />
Unlike other C-Suite positions, which tend to be defined according to commonly designated<br />
responsibilities across most companies, the COO job tends to be defined in relation to the specific<br />
CEO with whom he/she works.<br />
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Issues on which COO recites the decision<br />
Identify <strong>key</strong> issues<br />
Strive for alignment<br />
Find and invest in your best talent<br />
Lead corporate planning efforts<br />
Improve everything that’s attended<br />
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Identify <strong>key</strong> issues<br />
Every organization has areas for improvement. Identify which tasks require your<br />
involvement and delegate the rest. Be transparent and open, solicit feedback, and<br />
have an open-door policy. Once the issues are understood a yearly plan can be<br />
structured accordingly.<br />
Strive for Alignment<br />
It is no plain sail to align behaviours, organizational design, compensation, and<br />
goals across a firm. Also, alignment of department goals with organizational goals<br />
ensures the company is moving in the right direction and helps you hold people<br />
accountable and reward achievements.<br />
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Find and invest in best talent<br />
COOs are only as effective as the people they lead. Provide resources to best talent<br />
in your organization to maximize their impact and ensure they are heard. With a<br />
solid talent base, you can focus on training them and providing them with<br />
opportunities to lead.<br />
Lead corporate planning efforts<br />
Involvement in the development of the strategic plan, budget plan, operating<br />
plan and project plans gives you the ability to channel resources to the most<br />
important efforts. The operating plan unifies all departments and should include<br />
an IT budget to improve efficiency.<br />
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Improve everything that’s attended<br />
Feedback loops for each process help your organization continuously improve.<br />
Monitor <strong>key</strong> metrics to understand if goals have been met and improvements are<br />
effective.<br />
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Conclusion<br />
A good COO should fill in leadership gaps, fix big issues, and execute core<br />
strategy in concert with senior leadership. Businesses should not<br />
underestimate the value of efficient COO. Not only are good COOs<br />
instrumental in turning strategy into operational and financial success, the<br />
COO role is the most common stepping stone <strong>by</strong> far to the CEO seat.<br />
To invest on COO mailing list from Lake B2B<br />
Call on: (800) 710-5516<br />
Write to us at: info@lakeb2b.com
(800) 710-5516<br />
info@lakeb2b.com<br />
Source List: COO email addresses list<br />
Information Sources: entrepreneur.com/article/235466<br />
entrepreneur.com/article/232762<br />
www8.gsb.columbia.edu/articles/columbia-business/5-<strong>key</strong>-concepts-every-<strong>chief</strong>-operating-<strong>officer</strong>
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