The COO's responsibilities can vary widely depending on the size and nature of the company. Commonly, a COO is responsible for:
Operational Strategy: Developing and implementing operational policies and strategies that align with the company's goals. Performance Management: Overseeing the performance of different departments to ensure they meet set objectives. Financial Management: Managing budgets and resources to optimize operational efficiency. Process Improvement: Continuously improving processes to enhance productivity and reduce costs. Risk Management: Identifying and mitigating operational risks.