Job & Career

Chief Operating Officer (COO): Definition, Types, and Responsibilities

COO

A Chief Operating Officer (COO) is one of the most important members of any organization and looks after the entire operations to get things going. In most cases, COOs have a strong educational background and extensive experience in managing people. Apart from that, they are also great communicators and have the ability to make quick decisions. They are strong leaders and have years of work experience.

In this article, you will learn about the job of Chief Operating Officer (COO) and what is the role of this individual in any organization. Apart from that, we will also share the responsibilities of the COO and discuss the necessary skills one needs to have to become an effective and successful COO. Finally, we will share with you the necessary steps you can take to become a COO in any organization. Hence, to learn more, read on to the end.

Who Is A Chief Operating Officer (COO)?

Who Is A Chief Operating Officer (COO)

According to Investopedia,

The chief operating officer (COO) is a senior executive tasked with overseeing the day-to-day administrative and operational functions of a business. The COO typically reports directly to the chief executive officer (CEO) and is considered to be second in the chain of command.” 

In many organizations, COOs are also known as “Chief Operations Office”, “Executive Vice President of Operations”, “Operations Director,” etc.

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The Role Of A Chief Operating Officer

You will be the individual in the organization who is second in command, and you will be reporting to the CEO.

According to Indeed.com,

The COO is focused more on implementing company strategies into daily operations to meet objectives. Chief operating officer responsibilities and salary will vary depending on the company, and the role is often influenced by the CEO’s personal management style. It’s important for the CEO and COO to be efficient collaborators and work in tandem to steward the company with the best leadership.

Depending on the preference of the CEO, the COO also handles the internal affairs of the company, while the CEO functions as the external face of the company. Hence, the COO needs to have strong analytical, managerial, leadership, and communication skills. This allows the COO to handle the operations of the organization in the most effective manner.

Execution of the business plan according to the established business model is the topmost priority of the COO. The COO’s job is to implement the working of the business as per the business plan.

What Are The Responsibilities Of A Chief Operating Officer?

As already discussed, the COO is responsible for processing the daily operations of the company. The individual’s job is hectic and contains a mixture of various jobs. Here are the responsibilities of a COO:

  • Recruitment and hiring of new individuals inside the company
  • Production oversight
  • Overlooking the financial operations along with the CFO of the company.
  • Budget development
  • Executing business strategy and planning to execute along with managers from various departments.

Apart from that, you must also keep in mind that the role of the COO can change from company to company, depending on the number of employees or the company’s structure. In most cases, the COO is chosen in such a way as to complement the skills and abilities of the CEO so that both work in tandem with each other.

Qualifications And Skills Required For A Chief Operating Officer

One of the major things that COOs need is extensive experience in the given field of work. They often have years of experience working in various positions. This is how the COO gathers skills and cultivates the experience of leading in an organization by understanding how the organization operates.

Some of the major skills required for a COO are problem-solving, leadership, effective communication, multitasking, and resourcefulness.

How To Become A Chief Operating Officer (COO)? – Steps To Take

According to an article in Harvard Business Review,

Ask anyone who has worked as or alongside a COO—the job is demanding. Now we know it’s unique, as well. Perhaps that’s why COO is the only C-suite title to which there is no magazine devoted. It’s a trivial observation but perhaps a telling one; the common set of issues and interests that would imply simply does not exist.

If you want to become a COO, you will need to take a long ride since the experience required to become a COO is extensive. It is a C-suite role, and only a person is required for this job who has several leadership qualities. Hence, it might take many years for you, including learning and job experience. Here are the steps you will need to take if you want to become a COO:

Step 1: You will need to get your degree (Bachelor’s or Master’s). In some cases, COOs also have a PhD in certain disciplines. Make sure your degree deals with business strategy and operations management. This will provide you with a great foundation for the position.

Step 2: As a COO, you will need to have varied experience across departments. Furthermore, companies also look for people who have experience in varied positions in a company.

Step 3: You will need to extensively develop your managerial and leadership skills. What you are preparing for is one of the top positions in an organizational hierarchy.

Step 4: Start Networking. You can only get the role of a COO if you have built productive and respectful relationships both inside and outside the company you currently work for. One of the ways to start this is through LinkedIn.

Read More: What Are The Different Types Of Entrepreneurship? – Take A Look

Final Thought

One of the major aspects of a Chief Operating Officer (COO) is that the individual has a strong educational background and years of work experience. The COO must have worked in a variety of positions, mostly in the same organization. This makes them understand different parts of the business and how things work in the business.

The COO is detail-oriented and can easily pinpoint issues and gaps within the organization. They are also great communicators and flexible managers. What do you think is an absolutely essential trait in COOs? Share your opinion with us in the comments section below.

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Soumava Goswami

Inspired by The Social Network, Soumava loves to find ways to make small businesses successful – he spends most of his time analyzing case studies of successful small businesses. With 5+ years of experience in flourishing with a small MarTech company, he knows countless tricks that work in favor of small businesses. His keen interest in finance is what fuels his passion for giving the best advice for small business operations. He loves to invest his time familiarizing himself with the latest business trends and brainstorming ways to apply them. From handling customer feedback to making the right business decisions, you’ll find all the answers with him!

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Is oil & gas production a good career path

Is Oil & Gas Production A Good Career Path?

There is no doubt that fossil fuels are one of the pillars where civilization stands. For centuries, we have been relying on fossil fuels as a source of energy. But, there are a couple of downsides to the source.  There are two major downsides of oil and gas energy, the first one is that it will end one day, and secondly, there is huge air pollution while producing energy from oil and gas. Also, when we burn fossil fuels, there are so many greenhouse gases released into the atmosphere, and these gases are harmful.  Oil And Gas Production  There is a major backside of this industry, that is, the industry is highly unstable. The prices have been rising, and that makes the companies fail to plan for the future. Though there are a lot of downsides, more and more people want to pursue careers in the industry. The field is very lucrative, but if you have the proper knowledge, experience, and skill, then there is no doubt that you will make a lot of money.  But there is another side to the coin. But is oil & gas production a good career path? Will there be enough job opportunities in oil & gas production? You will get to know these answers. But what are the main reasons behind it?  Is Oil & Gas Production A Good Career Path? Image Source The question is tricky for some reasons. There are both good and bad sides to working in oil and gas production. First of all, the industry is shrinking because the source is getting smaller and smaller every day. Also, the work is dirty because you know that you are harming mother nature.  Not only these but there are other downsides, like working in a remote location for several months. Also, there are harmful chemicals that can affect your health. So, to give the answer, let’s look into the pros and cons of working in the oil and gas industry. Pros Of Woking In The Oil And Gas Industry  Though there are a lot of pros and for different persons, there are different pros. But here  ▹ Money There is no doubt that money is the main motivator. And oil and gas companies pay a lot of money to their employees. Two people can earn differently, though they have the same degree and skills when one of them works in this industry. The work is dirty, dangerous, and difficult. These are the reasons for the fat salary.  ▹ Skills One of the best things is what you will learn from this industry by working. Then, you can apply those skills in other industries. For example, geologists go for mining, engineers go for manufacturing and construction, etc. So, what you will learn is valuable and appreciated by other industries.  ▹ Adventure While some people love their work to be on a fixed schedule, others love adventurous jobs. This industry offers really exciting, fast-paced, adventurous jobs. 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And when it comes, the first this the company does is to lay off workers. So if there is any situation, a lot of employees lose their jobs. And without a connection, getting a new job in the same field is not easy. ▸ Work Challenge  The industry and work are both very challenging. There are dangerous conditions, difficult situations, and long hours a worker needs to face. If you are not habituated to these kinds of work, then the work will be challenging for you. Also, you have to spend months away from your family. And people in this industry face issues in their personal life.  ▸ Health Hazard In the oil and gas industry, people do not live a normal life as there are so many health hazards. There are many cases where people have been exposed to harmful chemicals, and they have faced health issues like respiratory problems and others. 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Is energy a good career path

Is Energy A Good Career Path? – Complete Guide For 2025

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Impact & Purpose   Contributing to the production and distribution of energy allows you to have a direct impact on society. You're part of a sector that powers homes, businesses, and industries, contributing to global development and progress. 2. Innovation & Technology The energy sector is dynamic, constantly evolving with technological advancements. This offers opportunities to work with cutting-edge technologies, drive innovation, and be at the forefront of new developments in renewable energy, smart grids, and more. 3. Bright Career Opportunities The sector offers a wide array of career paths, from engineering and research to finance, policy, and management. It provides opportunities for growth, skill development, and the chance to diversify expertise. 4. Having Higher Global Reach Energy is a global industry, providing opportunities for international collaboration and work. This can lead to diverse experiences, exposure to different cultures, and the chance to work on projects of international significance. 5. Higher Job Stability Energy is a fundamental need for society, ensuring relatively stable job prospects in various roles within the sector, even during economic fluctuations. 6. Environmental Impact With the increasing focus on sustainability, there's a growing demand for clean and renewable energy sources. Working in this sector allows individuals to contribute to mitigating environmental challenges by promoting and developing renewable energy technologies.   7. Networking & Collaboration Working in energy involves collaboration across various disciplines and sectors, allowing for extensive networking opportunities. This can lead to partnerships, collaborations, and knowledge-sharing among professionals globally. 8. Learning & Development The energy sector demands ongoing learning due to technological advancements and changing regulations. 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They also manage costs, regulations, and hazards and run data. But these engineers need atleast a bachelor’s degree. A civil engineer can earn around $88,500/yearly.  3. Industrial Engineer If an energy project is increasing rapidly, then there is a need for an industrial engineer. The main work of these engineers is to create systems that can minimize waste and increase efficiency maximum. These engineers have a vast knowledge of every product and machine that is used on a site. A person is well and good if they have a bachelor’s degree, but a master's degree is recommended. These engineers can make $90,000 per year. 4. Renewable Mechanical Engineer For renewable energy, there is a need for mechanical engineers who can design and create tools and devices. They also make turbines in wind energy farms. Most of the time, they work in the office, and when required, they visit the field. Most of the time a bachelor's degree is a must thing to get this job. They can make around $95,000/year. Here are some other best paying jobs. Environmental Engineer Geoscientist Financial Analyst Renewable Energy Scientific Researcher Solar Engineer Green Construction Manager Chemical Engineer Solar Software Developer Frequently Asked Questions!!! (FAQs): Here are some interesting questions and answers. 1. Should I Work In The Energy Industry? Ans: Jobs in the energy industry are rewarding, essential, and demanding. But there are specific skills and knowledge required for these jobs. If you have the essential skills and knowledge, then obviously you should work in the energy industry.  2. 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Academic Writing

The Ultimate Guide To Academic Writing: How To Write With Clarity, Precision, And Authority

You may be wondering what the style of academic writing means if you are a freshman. There will be many new activities in different subjects when you enter the new educational institution. But you should not be scared about the new definition in your studies because we will explain to you what academic writing means. We will also tell you what the main styles of academic writing are and what is a style of writing. What Is The Academic Style Of Writing? Academic writing differs from other writing styles. It is pretty different from the ordinary essays you should have been writing in school. here you should stick to the formal style. It means that all the contradictions like “ can’t/ don’t” are not allowed. Besides, you should add introductory words like “Generally, it is interesting that.” Writing the academic essay you should be formal and objective. Academic style writing requires meticulous research and an explanation of your conclusions. It can be compared to the work of the researcher who is going to publish it in some scientific magazine. How Can Academic Writing Style Manifest Itself? There are many types of academic writing, but the main of them are descriptive, persuasive, analytical, and critical. All of them require adhering to formal academic writing; however, they are different. Read Also: What Is A Mass Market Paperback? Explained In 2021 Descriptive Style The descriptive style focuses on the description of something. It can be some event, theory, or idea. However, you should describe the event guided by scientific facts or popular ideas. The descriptive essay can be considered successful if the reader is immersed in your story. Persuasive Style Working with the persuasive style of the essay, you will need to pursue the reader in something. Your task is to pursue the reader that the specific research is valid and that he or she can trust it. Here, you will need to give many persuasive arguments. Analytical Style The analytical style of writing requires you to engage all your analytical capabilities. if your task is to write an analytical essay you will need to compare the two ideas or enterprises and compare them using valid facts and evidence. Your main goal is to prove the liquidity of something by finding good arguments. Critical Style You will not need to critique anyone writing in a critical style. The main goal here is to make a deep analysis of certain research or scientific work. The critical style has a bigger volume and requires many persuasive facts. You will need to compare and analyze the opinions of different researchers to make your paper perfect. Where Can I Find Academic Writing Style Examples? We all want to know how to make academic writing perfect and to get the highest grade. That is why we will show you examples of different types of academic writing. Descriptive Style Let’s start with the descriptive style, where you need to describe some event or idea to the reader. The idea of this type of essay can be clearly seen in summaries, let’s look at the academic style writing example: “To summarize, I wish to recollect all the stages of sewing clothes. Firstly, we need to make a pattern and choose the fabric. Secondly, it is necessary to sew all the cut parts of the clothes together.“ Persuasive Style Your persuasive essay should include proving your point of view by giving convincing arguments. So let’s see how the part of the persuasive essay may look: “Due to the research, there are no other civilizations in space. It can be proved by looking at the following statements made by the scientist. It makes us be sure that we are the only living beings in space” Analytical Style The analytical style requires proving how reasonable some idea or research is. Here we will need to use the swallowing introductory words: “In this essay, we will examine the operation of two non-profit organizations. On the one hand, the first organization has a large client base. On the other side, the second organization has more positive reviews. Let’s consider other facts to make a conclusion.” Critical Style In the critical essay, you will need to analyze the specific research. It will require the analysis of the point of view of the author and your own: “I disagree that each language has specific language patterns that are harder to understand for the non-native speaker. In my opinion, the comprehension of different language patterns can be the same if using valid materials.” As you can see, different academic writing styles require different preparation. Writing in the analytical style you will need to think over your own opinion and the opinion of the researcher. In critical thinking, you should concentrate and flow from the opinion of the author to critique and analyze it using persuasive facts. Read Also: Top 7 Best Business To Start In Less Budget In 2021 7 Business Opportunities That Can Change Your Life In 2021 Top 5 Types Of Business That Are Giving More Profits To The Sellers