Volkswagen CEO Herbert Diess giving up managing VW brand
Volkswagen's CEO is giving up managing the company's core VW brand in order to concentrate more on the group as a whole, the German automaker said Monday.
Jun 8, 2020
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Volkswagen's CEO is giving up managing the company's core VW brand in order to concentrate more on the group as a whole, the German automaker said Monday.
Jun 8, 2020
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AT&T CEO Randall Stephenson is stepping down after leading the telecommunications giant for 13 years.
Apr 24, 2020
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The senior executive in charge of plans to revive crisis-hit Nissan has decided to quit just weeks after taking the job, sending the carmaker's stock plunging more than three percent on Wednesday.
Dec 25, 2019
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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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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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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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Crisis-hit Japanese automaker Nissan on Tuesday named Makoto Uchida as new chief executive, elevating the insider currently heading the firm's China unit as it overhauls its leadership after the Carlos Ghosn scandal.
Oct 8, 2019
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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:
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