Chief Operating Officer Chief Executives & Legislators
SaveWhat Does a Chief Operating Officer Do?
Chief operating officers are the right hand and second in command of a company's chief executive officer. They ensure that the daily operations of the company run smoothly. Chief operating officers also develop company policies, rules and goals.
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Where Do I Start?
Business Process Modelling
The tools, methods and notations such as Business Process Model and Notation (BPMN) and Business Process Execution Language (BPEL), used to describe and analyse the characteristics of a business process and model its further development.
Sign up to trackReady to go deeper? Pick up to 3 skills to focus on from the list below.
These are common skills for this role. Real-world experience matters more than ticking every box — use this as a guide, not a checklist.
Skills You Need to Become a Chief Operating Officer
Essential Skills
Essential Skills
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EssentialBusiness Process Modelling knowledge
The tools, methods and notations such as Business Process Model and Notation (BPMN) and Business Process Execution Language (BPEL), used to describe and analyse the characteristics of a business process …
Recommended Books
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EssentialMarketing Management knowledge
The academic discipline and function in an organisation which focuses on the market research, market development, and the creation of marketing campaigns to raise awareness on the company's services and …
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EssentialFinancial Statements knowledge
The set of financial records disclosing the financial position of a company at the end of a set period or of the accounting year. The financial statements consisting of five …
Recommended Books
1 book -
EssentialCompany Policies knowledge
The set of rules that govern the activity of a company.
No book recommendations available yet.
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EssentialAbide By Business Ethical Code Of Conducts skill
Course recommendations coming soon.
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EssentialAnalyse Business Objectives skill
Study data according to business strategies and objectives and make both short-term and long-term strategic plans.
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EssentialDelegate Activities skill
Delegate activities and tasks to others according to the ability, level of preparation, competence and legal scope of practice. Make sure that people understand what they should do and when …
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EssentialDevelop Professional Network skill
Reach out to and meet up with people in a professional context. Find common ground and use your contacts for mutual benefit. Keep track of the people in your personal …
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EssentialEstablish Collaborative Relations skill
Establish a connection between organisations or individuals which may benefit from communicating with one another in order to facilitate an enduring positive collaborative relationship between both parties.
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EssentialEvaluate Performance Of Organisational Collaborators skill
Evaluate the performance and results of managers and employees considering their efficiency and effectivity at work. Consider personal and professional elements.
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EssentialGet Involved In The Day-To-Day Operation Of The Company skill
Collaborate and perform hands-on work with other departments, managers, supervisors, and workers in different aspects of the business from preparing accounting reports, envisioning the marketing campaigns up to having contact …
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EssentialIntegrate Strategic Foundation In Daily Performance skill
Reflect on the strategic foundation of companies, meaning their mission, vision, and values in order to integrate this foundation in the performance of the job position.
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EssentialInterpret Financial Statements skill
Read, understand, and interpret the key lines and indicators in financial statements. Extract the most important information from financial statements depending on the needs and integrate this information in the …
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EssentialMake Strategic Business Decisions skill
Analyse business information and consult directors for decision making purposes in a varied array of aspects affecting the prospect, productivity and sustainable operation of a company. Consider the options and …
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EssentialNegotiate With Stakeholders skill
Negotiate compromises with stakeholders and strive to reach the most beneficial agreements for the company. May involve building relationships with suppliers and customers, as well as ensuring products are profitable.
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EssentialPlan Medium To Long Term Objectives skill
Schedule long term objectives and immediate to short term objectives through effective medium-term planning and reconciliation processes.
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EssentialShow An Exemplary Leading Role In An Organisation skill
Perform, act, and behave in a manner that inspires collaborators to follow the example given by their managers.
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EssentialTrack Key Performance Indicators skill
Identify the quantifiable measures that a company or industry uses to gauge or compare performance in terms of meeting their operational and strategic goals, using preset performance indicators.
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EssentialConclude Business Agreements skill
Negotiate, revise, and sign mercantile and business documents such as contracts, business agreements, deeds, purchases and wills, and bills of exchange.
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EssentialEnsure Lawful Business Operations skill
Comply with legislation in the daily operations of a company
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EssentialLead Managers Of Company Departments skill
Collaborate and guide the managers of the departments of a company in terms of the objectives of the company, the actions, and expectations required from their managerial scope.
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EssentialShape Organisational Teams Based On Competencies skill
Study the profiles of collaborators and decide the best place for directors and collaborators following an strategic mindset and serving to the goals of the company.
Course recommendations coming soon.
Optional Skills (5 of 21 displayed)
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OptionalFinancial Management knowledge
The field of finance that concerns the practical process analysis and tools for designating financial resources. It encompasses the structure of businesses, the investment sources, and the value increase of …
Recommended Books
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OptionalAnalyse Financial Performance Of A Company skill
Based on accounts, records, financial statements and external information of the market, analyse the performance of the company in financial matters in order to identify improvement actions that could increase …
Course recommendations coming soon.
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OptionalApply Export Strategies skill
Follow and implement strategies according to the size of the company and possible advantages towards the international market. Set goals to export products or commodities to the market, in order …
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OptionalApply Import Strategies skill
Follow and implement strategies for importing according to the size of the company, the nature of its products, the available expertise, and business conditions on the international markets. These strategies …
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OptionalAssume Responsibility For The Management Of A Business skill
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OptionalBuild International Relations skill
Build positive communication dynamics with organisations from different countries in order to build a cooperative relationship and optimise information exchange.
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OptionalDevelop Business Plans skill
Plan, write and collaborate in the implement business plans. Include and foresee in the business plan the market strategy, the competitive analysis of the company, the design and the development …
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OptionalDevelop Company Strategies skill
Envision, plan, and develop strategies for companies and organisations aimed at achieving different purposes such as establishing new markets, refurbishing the equipment and machinery of a company, implementing pricing strategies, …
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OptionalDevelop Organisational Policies skill
Develop and supervise the implementation of policies aimed at documenting and detailing the procedures for the operations of the organisation in the lights of its strategic planning.
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OptionalDevelop Revenue Generation Strategies skill
Elaborate methodologies through which a company markets and sells a product or service to generate income.
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OptionalFollow The Statutory Obligations skill
Understand, abide by, and apply the statutory obligations of the company in the daily performance of the job.
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OptionalImplement Strategic Planning skill
Take action on the goals and procedures defined at a strategic level in order to mobilise resources and pursue the established strategies.
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OptionalLiaise With Shareholders skill
Communicate and serve as communication point with shareholders in order to provide an overview on their investments, returns, and long-term plans of the company to increase profitability.
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OptionalSet Organisational Policies skill
Participate in setting organisational policies that cover issues such as participant eligibility, program requirements, and program benefits for the service users.
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OptionalDefine Organisational Standards skill
Write, implement and foster the internal standards of the company as part of the business plans for the operations and levels of performance that the company intends to achieve.
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OptionalDefine The Corporate Structure skill
Study different company structures and define the one that best represents the interest and goals of the company. Decide among horizontal, functional, or product structures, and managerial independency in the …
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OptionalImplement Operational Business Plans skill
Implement the strategic business and operational plan for an organisation by engaging and delegating to others, monitoring progress and making adjustments along the way. Evaluate the extent to which strategic …
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OptionalImprint Visionary Aspirations Into The Business Management skill
Integrate ambition and visionary plans in both the planning and the day-to-day operations in order to set goals for the company to strive for.
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OptionalIntegrate Shareholders' Interests In Business Plans skill
Listen to the perspectives, interests, and vision of the owners of the company in order to translate those guidelines into pragmatic business actions and plans.
Course recommendations coming soon.
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OptionalInteract With The Board Of Directors skill
Present the results of the company, answer questions in regards to the organisation, and receive guidelines on the future perspectives and plans for the company.
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OptionalShape Corporate Culture skill
Observe and define the elements in the corporate culture of a company in order to reinforce, integrate and shape further the codes, values, beliefs and behaviours aligned with the company's …
Course recommendations coming soon.