COO stands for Chief Operating Officer. This is an executive role dedicated to the daily operational and management of a business, with the main purpose of achieving efficiency in production and operations. A COO will typically be responsible for overseeing strategy implementation, budgeting, staffing, training, logistics and resource allocation – all in support of the business’ overall mission and vision. They are also often tasked with making sure that the organization runs smoothly and efficiently by monitoring progress against targets, keeping track of output quality and ensuring customer satisfaction. The COO is ultimately responsible for driving the company’s growth by transforming ideas and strategies into reality.