COO – Chief Operating Officer (Definition)

What are the tasks of a COO?

The Chief Operating Officer acts with the understanding of an entrepreneur in the company. He assumes responsibility for steering and managing projects with a team. The COO is responsible for process optimization – both technologically and organizationally. Together with the management and shareholders, he develops and monitors the strategic orientation of the company. He prepares project plans and requirement specifications for ongoing technical development.

Requirements for a COO

A successfully completed technical degree, ideally with a focus on electronics, as well as a sound business background are required. The COO usually has several years of management experience and good communication and conflict management skills as well as negotiation skills. Entrepreneurial thinking & hands-on mentality are associated with a COO. Very good knowledge of English completes his profile.