Business
Sheryl Sandberg, the No. 2 executive at Facebook owner Meta, who helped turn its business from startup to digital advertising empire while also taking blame for some of its biggest missteps, is stepping down.
Jun 1, 2022
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4
Business
Air France has resolved difficult staff relations that led to debilitating strikes and must now reposition itself in the ultra-competitive airline industry to take advantage of its home turf, according to Ben Smith, the head ...
Nov 5, 2019
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Business
Federal regulators have threatened to ground dozens of Southwest Airlines jets if the airline can't confirm that the planes, which it bought used from foreign operators, meet all safety standards.
Nov 11, 2019
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Internet
A two-year audit of Facebook's civil rights record found "serious setbacks" that have marred the social network's progress on matters such as hate speech, misinformation and bias.
Jul 8, 2020
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Business
T-Mobile said Monday its colorful CEO John Legere is stepping down next year, even as the wireless company's long-running effort to merge with rival Sprint remains unfinished.
Nov 18, 2019
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Business
Boeing has promoted the head of its services business to chief operating officer, putting the female executive in discussion as a potential heir apparent to CEO David Calhoun in a male-dominated industry.
Dec 12, 2023
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Business
Rows of super-powerful computers fill a classroom in northeast England, their LED-lit keyboards, mice and headsets washing the space in a futuristic blue glow.
Jan 10, 2024
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A chief operating officer or chief operations officer (COO) is a corporate officer responsible for managing the day-to-day activities of the corporation and for operations management (OM). The COO is one of the highest-ranking members of an organization's senior management, monitoring the daily operations of the company and reporting to the board of directors and the top executive officer, usually the chief executive officer (CEO). The COO is usually an executive or senior officer.
The focus of the COO is on operations management, which means he is responsible for the development, design, operation, and improvement of the systems that create and deliver the firm's products/services. The duties of the COO may reside in certain organizations with a vice president of operations. The COO is responsible for ensuring that business operations are efficient and effective and that proper management of resources, distribution of goods and services to customers, and analysis of queue systems is done.
COOs ideally need to have domain knowledge of the business & industry, understand modern management theories (Total Quality Management, Kaizen), employ process/quality improvement techniques (business process reengineering, Six Sigma) and sometimes quality process standards if required by customers or desired by the company (ISO 9001).
Functions of a COO:
This text uses material from Wikipedia, licensed under CC BY-SA
