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COO Business

oboloo Glossary

COO Business

The Chief Operating Officer (COO) of a business is responsible for the daily operations and management of a company. As the leader of the operations team, the COO must strive to ensure that all processes within the organization are efficient and cost-effective. They need to be able to anticipate and solve problems quickly, ensuring the success of the company and its stakeholders.
The COO ensures that the company operates in an organized manner while meeting all required regulations and standards. They oversee everything from operational budgets to customer relations. They work closely with the CEO to develop long-term strategy and provide constant feedback regarding short-term operations. In short, the COO sets the tone for how all departments should interact and run on a day-to-day basis.

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