Chief Operating Officer duties and responsibilities
Chief Operating Officers work in a variety of industries. They usually set office at large companies, and they spend most of their time supervising others and speaking with investors, executives, and shareholders. Chief Operating Officers sometimes attend networking events, give lectures at conventions, and talk to members of the media about the company’s newest products or services. Some of the other duties and responsibilities in a Chief Operating Officer job description may include:
- Developing new sales areas and markets
- Planning and directing marketing or advertising campaigns
- Hiring, training, and managing department heads and other members of upper management
- Creating sales presentations for potential investors
Chief Operating Officer skills and qualifications
Successful Chief Operating Officers are friendly, polite, professional, and persuasive. They can help a variety of employees get along with each other, and they are good at resolving conflicts and letting people know about the benefits of products or services that their organization offers. Chief Operating Officers also need extensive knowledge about the company, its competitors, and the industry it works in. Top skills and qualifications for Chief Operating Officers include:
- Exceptional written and verbal communication
- The ability to work under pressure
- Excellent planning and organizational skills
- Adaptability and proven efficiency in dealing with unforeseen situations
- Familiarity with social media, industry publications, and common vendors and subcontractors
- An understanding of how market research works and what the results mean for the business
Chief Operating Officer experience requirements
Most Chief Operating Officer jobs require at least three years of experience in a similar role. Some positions will accept candidates who worked as department heads or other senior managers, while others look for applicants with at least 10 years of experience.
Chief Operating Officer education and training requirements
Most Chief Operating Officer positions require a bachelor’s degree in business, business administration, or a related field. Many companies prefer individuals with a master’s degree. In some industries and provinces, a certification or licence may be required.
Chief Operating Officer salary expectations
According to Indeed Salaries, the average salary for a Chief Operating Officer is $116,967 per year. This rate may depend on the candidate’s education, experience, location, and industry they are working on.
Job description samples for similar positions
If a Chief Operating Officer isn’t exactly what your business is looking for, here are some similar job description samples that may meet your needs: