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Legal Definitions - chief operating officer
Definition of chief operating officer
The Chief Operating Officer (COO) is a senior executive responsible for managing the daily administrative and operational functions of an organization. This individual ensures that the company's internal processes run efficiently and effectively, aligning with the overall strategic goals set by the Chief Executive Officer (CEO), to whom the COO typically reports. Essentially, the COO translates the CEO's vision into actionable plans and oversees the teams responsible for executing those plans on a day-to-day basis.
Here are some examples illustrating the role of a Chief Operating Officer:
Imagine a rapidly expanding software company that has just secured significant funding. While the CEO focuses on investor relations and long-term product vision, the newly hired COO steps in to manage the scaling of customer support, optimize software development workflows, and ensure the timely delivery of new features. The COO would also be responsible for streamlining internal communication and resource allocation as the company grows.
This illustrates the COO's role in supervising the day-to-day operations (customer support, development workflows, feature delivery, internal processes) to ensure the company can grow efficiently and effectively, directly implementing the CEO's strategic growth vision.
Consider a national retail chain with hundreds of stores across the country. The COO would be responsible for overseeing store operations, supply chain management, inventory control, and ensuring consistent customer service standards across all locations. They would work to optimize logistics, reduce operational costs, and implement new technologies to improve efficiency at the store level.
Here, the COO manages the daily operational aspects of a complex business, from getting products into stores to ensuring a uniform customer experience, which are critical for the chain's overall performance and directly support the CEO's market strategy.
A large international non-profit organization, dedicated to disaster relief, appoints a COO. This individual would manage the logistics of deploying aid, coordinating field operations, overseeing resource allocation, and ensuring compliance with operational guidelines across various global projects. They would ensure that relief efforts are carried out efficiently and ethically, reaching those in need as quickly as possible.
This example demonstrates the COO's function in managing the practical, day-to-day execution of the non-profit's mission, ensuring that resources are effectively utilized and operations are smoothly run in diverse and challenging environments, under the strategic direction of the CEO.
Simple Definition
A Chief Operating Officer (COO) is a senior executive responsible for overseeing a company's day-to-day operations. This role ensures the business runs efficiently and effectively, typically reporting directly to the Chief Executive Officer (CEO).