A COO (or director of operations, who reports to the CEO) is the second highest-ranking person responsible for implementing and overseeing the operations, processes and strategies of the day to day to day to day to fulfill the company's overall mission and vision. These two functions are at the top of a company's hierarchy. The COO is one level below the CEO and depends on him. The position of the COO is not present in all companies.
They are more common in companies with a high level of operating activities, such as manufacturing companies. At a broad level, the COO is in charge of the company's daily operations. However, the specific characteristics of a COO's role depend largely on the CEO and the company's requirements. No, an operations director is no higher than the vice president because they tend to hold the same type of position.
Basically, there's no difference between the chief operating officer and the vice president of operations. The difference in names usually varies depending on the location of the company, the way it is organized and the sector to which it belongs. The COO is second in command. Sometimes called vice president of operations, he is a senior executive who manages the daily operations of an organization.
The COO is the second highest-ranking executive in a company. The COO is responsible for managing all the daily activities of a company. He or she helps the company's board of directors achieve its overall objective. Understanding what makes an operations manager successful is vital, because the effectiveness of operations managers (or the classification of operations executives by whatever name they are called) is fundamental to the luck of many companies and could be so for many more.
This is why the position of chief operating officer is almost omnipresent in companies with intensive use of operations, such as the airline and automotive industries, as well as in organizations that operate in hypercompetitive and dynamic markets, such as high-tech companies. The COO (executive director) is also known as executive vice president of operations, director of operations and director of operations. In top management, the most outstanding positions are CEO, COO and CFO: the CEO, the Chief Operating Officer and the Chief Financial Officer. The chief operating officer is responsible for the daily operation of the company and its office building and routinely reports to the highest-ranking executive, usually the chief executive officer (CEO).
Research in Motion's corporate structure had more than one chief operating officer, including Jim Rowan as director of global operations and Thorsten Heins as director of product operations and sales. An operations director or chief operating officer, also called COO, is one of the highest-ranking executive positions in an organization and is part of top management.
