Job & Career

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 

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?

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 

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. You will be given an opportunity to work in a remote location where you can get out for an adventure on the weekends. If you love to stay alone or want to live far from human lives, then these jobs are for you. 

Opportunities 

Though the industry remains the same, the procedures are changing every day. So you will have a lot of opportunities, and your career will definitely get a growth. There are a lot of people who do not want to get into this industry for some reason. But if you can ignore those, then go for it. The industry is really a good career path. 

Cons Of Woking In The Oil And Gas Industry 

Cons Of Woking In The Oil And Gas Industry 

You must be thinking of a positive answer to “is oil & gas production a good career path” this question. But here are some reasons that will contradict your last answer.

Instability 

As I have already mentioned that the industry is unstable in nature. And the price fluctuates most of the time. This is the reason companies fail to make any long-term plans. 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. So, if you are thinking about entering this career, you need to take care all the time.

Unfriendly Environment 

I don’t think I have to elaborate on this point as you already know that this industry is not friendly to the environment. There is some major climate change due to this industry. And government can finish your career at any time.

So, what do you think? Is oil & gas production a good career path? It’s up to you now. 

Frequently Asked Questions (FAQs):-

Here are some interesting questions and answers.

Q1. Which Field Is Best For Oil And Gas Industry?

Ans: Different people like different fields of work. But for many reasons, people say that petroleum engineering is the best degree to get the best job. However, there are other fields that are equally valuable, like geology, chemical engineering, and mechanical engineering. 

Q2. Is There A Future In Oil And Gas?

Ans: There is no doubt this industry is one of the biggest. But there are long-term concerns. But, there are major investors who say that the industry will reach its peak by 2030. And companies are diving into this industry.

Q3. Is Oil And Gas Good Industry? 

Ans: Though there are a lot of other energy industries, the oil and gas industry is at its peak when it comes to producing energy. But the process of making energy with this process is complex, requires state-of-the-art technology, and is capital-intensive.

Final Words

No, there is no proper answer to the question, “is oil & gas production a good career path?” But I think this article will help you to find out the answer. You can measure the pros and cons and then come to a conclusion about whether you should get into this industry or not. Here are the jobs that still have high requirements. 

  • Roustabout
  • Rotary Drill Operator
  • Geologist
  • Petroleum Engineer
  • Petroleum Pump System Operator

Are there any more queries? Please let us know in the comment section below.

Read Also:

author-img

Anirban Mallick

Anirban Mallick is passionate about writing since his early age. He comes from Kolkata, which is famous for its rich heritage. This young person loves to write about sports, cryptocurrency, marketing, gaming, and other topics. This is why he loves to call himself the “Jack of all Trades.” He has a PG Diploma in Advertising and Public Relations from IIMC, Delhi. In his free time, he loves to write stories, read books, watch movies and play outdoor games, mostly football.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

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

Risk Management Careers: A Comprehensive Guide to Top Risk Management Jobs

Risk Management Careers: A Comprehensive Guide to Top Risk Management Jobs

Risk management is one of the most important aspects of finance. The jobs mainly deal with the practice of minimizing the downside exposure of a firm. Here, the experts identify, analyze, and manage various uncertainties that the firm might face on a regular basis. As global instability, uncertainty, and risks are increasing, there has been a rise in risk management careers in recent years. You will learn about some of the most popular risk management roles. Furthermore, you will also learn about the qualifications of top risk management jobs and how to progress in roles. Also, you will learn whether a career in risk management is a good option for you or not. Hence, to learn more, read on through to the end of the article. Risk Management Careers: A General Overview According to the Forbes Advisor, “Risk management involves determining the potential risks of an activity and coming up with strategies for avoiding or managing those risks. Risks may be regulatory, financial, reputational, market-based or operational. Risk managers assess and control potential risks to reduce their negative impacts on an organization.” There are a variety of aspects of risk management, and the field spans a variety of areas. These include manufacturing, finance, health, legal, construction, security, etc. Actually, the expertise of risk managers is crucial for the longevity and success of any organization. Hence, if you are an employer and you want to make your business sustainable, you will need to focus on risk management. Generally, the job of a risk manager is to play an essential role in protecting the interests of their employers. In their jobs, risk managers forecast events from the past and plan for the future to stay clear of risks. Apart from that, they also create solutions to deal with risks, if they are possible in the future. In general, risk management careers have plenty of opportunities for the right individual. The career roles exist across both the public and the private sector. Hence, if you are interested in a career as a risk manager, you will be able to work in different industries. Risk Management Careers: Qualification and Progression According to Indeed, “A career in risk management involves predicting what obstacles may come up for an organization in the future and to help management prepare for them appropriately. They often work closely with company owners or executives to identify, assess, mitigate, measure and monitor risks. They may also be managers themselves, overseeing other professionals within a risk management department.” Hence, there are certain crucial qualifications for risk managers and risk analysts. In fact, some careers require the individual to have knowledge of budgeting. Furthermore, they also need to acquire leadership skills. Qualification The following are the major qualifications you need to have for a career in risk management: 1. Get a Bachelor’s degree in either of these areas - economics, finance, accounting, business administration, management, etc. On the other hand, you can also consider pursuing a bachelor’s degree in risk management. 2. You can also go for a Master’s degree if you want to go deeper in the field. One of the final degrees, in this case, is pursuing an MBA (Master of Business Administration). 3. There are various risk management certifications available that you can pursue to enhance your career. One of the best certificates is the Certified Risk Management Professional by the Risk Management Society. Career Path There are various roles in risk management. To become a risk manager, you need at least five to ten years of experience in the same field. Hence, it is important for you to start at the beginner level with an investment company or a financial company. As a result, you will be able to gain enough experience and work towards career growth. Major Roles and Responsibilities in Risk Management Careers The following are some of the major roles in risk management that you need to learn if you want to grow: 1. Risk Manager Average Salary: $93,000 (approx.) To earn this role, you will need to have an MBA degree or a Master’s in Risk Management. Apart from that, you need to have significant experience in the industry. Here are the responsibilities of a risk manager: Perform research and analyses of risks. Create strategies to reduce or deal with risks of the organization. Control or prevention of occurrences or future events that can affect the finances, reputation, or stability of the organization. 2. Financial Analyst Average Salary: $95,000 (approx.) Generally, a financial analyst possesses a Bachelor’s degree in business or finance. In recent years, many financial analyst roles have demanded that applicants have completed an MBA. The following are the major responsibilities of a financial analyst: Help employers or guide them to make the right investment decisions. Here, the focus is to create substantial profit for the business. Study economic trends and predict business outcomes for future decisions. 3. Loss Control Representative Average Salary: $67,000 (approx.) To get the job of a loss control representative, you need to have a Bachelor’s degree in risk management or insurance. Here are some of the major responsibilities of a loss control representative: Perform on-site assessments in industrial or commercial buildings. Find out possible risks in buildings or sites. Help the business to issue or renew insurance policies accordingly. 4. Claims Investigator Average Salary: $73,000 (approx.) To get the job of a claims investigator, having a high school diploma or GED certificate is enough. However, a Bachelor’s degree in a related field is always helpful. The following are the responsibilities of a claims investigator: Reviewing claims that other companies or individuals have on insurance companies. Determine the extent of the damage and find out whether the claim is right or not. 5. Sales Manager Average Salary: $130,000 (approx.) If you want to become a sales manager, you need to have enough experience in sales and risk management. To get into a similar role, you must have a Bachelor’s degree in business, finance, or marketing. Here are some of the major responsibilities of a sales manager: Supervision of all operations in sales. Reviewing schedules and outcomes of sales operations. Setting sales quotas, monitoring sales statistics, and finding profitability of products in the market. Ensure the training of juniors within the department. 6. Cost Estimator Average Salary: $71,000 (approx.) To get the job of cost estimator, you need to have a Bachelor’s degree in business, marketing, finance, or a similar field. The following are some of the major responsibilities of a cost estimator: Gathering and analyzing data for certain projects. Find out about various aspects like time, labor, capital, and materials needed to complete projects. Bring out solutions for the business to reduce the costs for the clients. Is a Risk Management Career a Good Option for You? There are a variety of risk management careers, and you can choose the one that suits your skills and talent. Basically, you will need to work on building a career where you will be able to capitalize on your talents. Furthermore, if you want to grow in your career, you will need to be happy with what you do and be able to create value. To find whether a particular job role in risk management is good for you, you need to compare the needs of these roles with the skills and knowledge you possess. However, the following are some of the major skills you need to have to build a successful career in risk management: Strong analytical skills. Understanding and creating business strategies. Ability to perform financial analysis to ensure financial stability. Leadership and organization. Critical thinking and ability to bring solutions quickly. Wrapping Up Hope this article was helpful for you to get a better idea of the various options in risk management careers. However, before you dive in to have a successful career in risk management, you need to get the right qualifications. Furthermore, you must develop the right skills that are essential for risk management. Do you have more information to add on the necessary skills for risk management? Consider sharing your opinions in the comments below. Related Articles: Supply Chain Risk Management: Effective Strategies To Reduce It 10 Asset Management Best Practices For Businesses A Comprehensive Guide To AI in Contract Management

Is Basic Industries A Good Career Path

Is Basic Industries A Good Career Path?

Is basic industries a good career path? Yes. But, yes is not enough to answer your serious questions.  When choosing a career option, people look for a good salary, different benefits, learning opportunities, and the security of working in a stable and indispensable industry.  If you work in the basic industries, you expect all the benefits of working for a growing and stable industry. Also, the salary and security of your profession are high.  But what is the basic industry? What are the opportunities for working in this industry? What are the different benefits? This article contains all the information you want on your query.  What Are Basic Industries? The basic industry is one of the most stable industries to have a job in. these industries provide raw materials for different manufacturing industries producing necessary consumable products. Their process often includes the following: Developing ideas for new materials. Exploring them. Processing them to be used in the manufacturing industries.  Working in the basic industry requires lots of technical expertise and work. Some basic industries also pose some threats to the environment; that is why it is necessary for the people working in these industries to follow the necessary safety precautions.  However, with the right temperament, skills, and hard work, it is possible to make basic industry jobs a successful career. Is Basic Industries A Good Career Path? Why should you choose a basic industry job? The reason is simple – this industry is growing and will keep growing. According to the statistics revealed by the U.S. Bureau Of Labor, this industry will keep growing.  Mining, an industry in the basic industries category, is supposed to grow by 12% between 2021 and 2031. More than 2.2 million jobs will be available in the agriculture sector. The basic industry is elemental to any economy.  According to the data of the U.S. Bureau Of Labor, there are currently 22262.92 jobs in the basic industries. This makes a 12.4% increase from the number of jobs in 2010. The number of jobs will also increase as we approach 2030.  The job opportunities in the agriculture, construction, and manufacturing industry will keep on growing. These reasons make basic industry jobs a reasonably viable option.  Different Types Of Basic Industries  So, if you were wondering which industries fall under the basic industry, then you should check out the section below. Here you can learn about different basic industries – Agriculture Industry Both underdeveloped and developing economies depend upon the agriculture industry. It is the most dominant and prominent example of the basic industries. Many working professionals are directly and indirectly connected to the agriculture industry.  This industry is the primary source of a country’s food. It offers raw materials to different food processing companies. The agriculture industry has a direct connection with a country’s economy.  Oil & Gas There are three different segments of the oil and gas industry. It is also a big and important industry under the basic industries category. The three main categories in this industry are – midstream, upstream, and downstream.  Three of these different categories have their work divided. For example, the upstream companies discover gas and oil; the midstream firms work with oil transportation, processing, and storage. The downstream companies are involved with refining and removing impurities from the oil. Mining Industry  The mining industry is also important among the basic industries. Wide varieties of work and activities require a professional workforce in the mining industry every year. The workers in this industry have to work with the exploration of minerals and readying them as raw materials for other industrial uses. Paper And Pulp Industry  Image Source The basic industry also comprises paper and pulp companies. Although many believed this industry to be diminishing slowly, it continues to grow and thrive. Different firms use paper for packaging, making hygiene products, and tissue. This industry is also connected to the production of graphic papers used for newsprints. Chemical Industry Chemical transport is also an essential part of the industry, ensuring the safe and secure delivery of raw materials and finished products. For those interested in this field, the chemical industry can offer a rewarding career path with opportunities for growth and development. The chemical industry is also elemental to the growth and development of human civilization. The chemicals are useful during the transformation of raw material into chemical solutions or gases. Companies in the chemical industry can be categorized under three different categories. For example – Basic chemicals Specialty chemicals And consumer chemicals Chemicals in all three categories consist of paints, dyes, pesticides, detergents, soaps, and more. Steel Industry  Human civilization cannot proceed further without the use of steel and irons. Steel is an alloy made using carbon and iron. Almost all industries producing any light to heavy good requires steel. It is the foundation of the modern world. Vehicles, ports, bridges, and many other materials require steel. If you are planning to get a job in the basic industries, the steel industry might be a proper fit.  Frequently Asked Questions (FAQs):- Here are some similar questions and answers related to the basic industries. You may find them valuable.  Q1. Why Is It Called Basic Industry? Ans: They call this industry a basic industry because it provides the basic and raw materials for the manufacturing of different consumable products. They offer machine tools, construction equipment, transport equipment, and more. The iron and steel industry falls under the basic industry category since they offer materials to almost all industries. Q2. What Is The Importance Of Basic Industry? Ans: Basic industries are companies that provide all the raw materials to different industries that require those products for the production of many different products. These industries are involved in the process of developing, discovering, and processing different types of raw materials.   Q3. What Is The Easiest Industry To Get A Job In? Ans: When planning a career, you should look for stable industries that offer good job security and salary. Here are some recommendations you can check out -⦿ Construction – 25,837 job vacancies.⦿ Education – 12,317 job vacancies.⦿ Engineering – 24,244 job vacancies.⦿ Administration – 9,321 job vacancies⦿ IT – 11,065 job vacancies.⦿ Automotive – 9,321 job vacancies..Sales – 8,165 job vacancies. Wrapping Up When it comes to a stable career, the basic industries have the aspirants covered. The requirement for workers in mining, chemical, agriculture, and other basic industries will keep on increasing. So, is basic industries a good career path? I think you should have no doubt once you have read this article. However, if you have any further queries, you can leave your questions in the comment section. We will reach you in a flash. Read Also: Is An Investment Banker A Good Career Choice? Is Energy A Good Career Path? – Complete Guide For 2023

COO

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

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)? 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. Read More: What Are The Most Important Leadership Behaviors To Have? 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. Read Also: Entrepreneur : Who Coined The Term ‘Entrepreneur’? Intrapreneurship – Definition, Importance, Duties, And Responsibilities What Is a Franchise, And How Does It Work? – Examples, Benefits & More