Chief Operating Officer (COO)

Published Jun 25, 2023

Definition of Chief Operating Officer (COO)

A Chief Operating Officer (COO) is an executive who is responsible for overseeing the everyday operations of a company. They are typically second in command after the CEO and are responsible for ensuring that business operations run smoothly and efficiently.

Example

An example of a company with a COO is Apple Inc. Jeff Williams, the current COO of Apple, oversees the company’s worldwide operations and supply chain management. He is responsible for ensuring that all of Apple’s products are manufactured and delivered on time and that the company’s operations are running efficiently. In addition, Williams also works closely with the CEO, Tim Cook, to develop and execute the company’s growth strategies.

Why COOs Matter

COOs are crucial to the success of most companies, especially those with complex operations. They help to ensure that the company’s operations are running smoothly and that the company is meeting its goals and objectives. In addition, COOs work closely with other executives and department heads to identify and implement improvements in the company’s operations. This is particularly important in today’s fast-paced business environment, where companies need to be agile and responsive to changing market conditions. By having a COO, companies can ensure that they are well-positioned to compete and succeed in their respective markets.