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Functions, duties and rights of the Chief Operating Officer

Posted: Wed Jan 22, 2025 4:32 am
by Maksudasm
The rights of the director of operational activities are directly related to his duties. He has the right to conclude contracts on behalf of the company, and can also independently develop and make adjustments to the internal documentation of the enterprise. The specialist must convey to the management the ideas on how to make the company's work more efficient and profitable. Form a real plan and send it to the director for approval. It is worth noting that within the framework of his own competence, the COO manager has the right to make independent decisions.

Functions, duties and rights of the Chief Operating Officer

The COO does not require powers of attorney. He can take the initiative when interacting with various individuals and legal entities, as well as with representatives of government agencies.

Russian labor legislation homeowner database defines not only rights, but also responsibility for failure to fulfill obligations or intentional damage. If this is specified in official documentation, then individual responsibility for the results of the enterprise's activities, failure to comply with labor discipline and other violations may be established. If there was no special note in the job description of the operations director, then no additional obligations are imposed on him.


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General skills and abilities of the COO
Currently, this position is considered to be in high demand and prestigious. Therefore, the salaries of competent specialists are high. There are always many candidates for the position of COO, and the demand for workers with experience is also high. According to the largest Russian online recruitment company HeadHunter, at the end of April 2022, there were 1,027 vacancies for this position in the Russian Federation. A third of them are from Moscow.

Of course, the level of a specialist's salary directly depends on the size of the company, the type of activity it carries out, the region in which it is located, and many other reasons. The average salary for this position in the country varies from 110 to 650 thousand rubles.

The job of an operations director is very responsible. Not everyone can take this position. When applying for a vacancy, many are faced with strict, uncompromising requirements, namely:

higher education in the field of economics, marketing, management, law or the field of activity of the enterprise;

experience in management positions for at least 2 years;

a pronounced analytical mind, the ability to competently analyze a situation and draw conclusions aimed at the favorable development of the company;

excellent knowledge of the field of activity, complete understanding of the specifics of the business;

knowledge of current legislation and regulations directly regulating the company's activities, knowledge of labor and corporate law;

knowledge of the basics of economics, management, marketing;

Confident use of a PC, excellent command of office software, CRM systems.

General skills and abilities of the COO

A person who is a candidate for such a position must:

be able to negotiate successfully;

competently present projects, ideas, defend your opinion if you are completely confident in its correctness;

carry out market analysis using a variety of modern methods;

organize personnel, exercise competent leadership over subordinates;

optimize and build key processes in business.

The Chief Operating Officer must be an excellent organizer with strong leadership qualities. He must lead people to success, breaking down doubts and barriers along the w