What it Means to Be a True COO

The COO, or a chief operating officer, is a position that many companies are recently choosing to fill. This position serves as a second in command to the CEO, with more than 40% of the world’s companies utilizing the role. Dubbed the CEO’s “secret weapon” , the COO of a company takes on a variety of jobs. Depending on factors like CEO needs, the stage of the company, and the leadership team’s strengths, this second-in-command helps to support the company in many ways. 

There are seven distinct different types of COOs that we see today: The executor, the change agent, the mentor, the other half, the partner, the heir apparent, and the MVP. All of these roles are unique in how they influence the productivity and success of their companies. However, those who take on this role, regardless of COO type, will possess three key attributes: Acuity, organization, and process/structure. These people are special, and finding a true COO is very rare.

For every four entrepreneurs or CEOs, the world sees one second in command, leaving 75% of those in charge without a right hand person. Fortunately, the world’s companies are seeing a recent resurgence in COO presence, helping to eliminate the potential costs of operating without one. Although there remain several challenges to training and maintaining a true COO within a modern business model with COO coaching, there are signs that the future of such a position is bright.

Source: Diane Integrates

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