What is the role of a COO?

A COO, is the chief operating officer or chief operations, officer. This title is among the top-ranking executive positions and also part of the C-suite in an organization. A COO is a second-in-command after the CEO. The COO reports to the CEO and is responsible for the day-to-day operations of the company.

This position is more common at companies that have heavy operational activities such as manufacturing companies or transport service companies such as airlines. The responsibilities of a COO vary depending on the industry as well as the company. And their role changes according to the needs of the company.

COO skills -
Exceptional skills in leadership, communication, decision-making and problem-solving, strategic planning, and business development.

COO responsibilities -
While a COO has various kinds of responsibilities, there are also various kinds of COOs. A COO’s job description is largely based on its CEO. Every COO is unique because their job description is defined in relation to their CEO. It is specific and situational to the CEO.

Whatever the role of a COO, it is certain is that the COO and the CEO must work well together. A great CEO-COO duo can achieve everything they set out to do.

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[tamasdombi]

In the hierarchy chart in the video, alongside the CEO it shows an MD. What is an MD? (other than Medical Doctor?)