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Watch Intro - • Life in the C Suite Intro Watch Part 1 CEO - • Life in the C-Suites: Part 1 - CEO Watch Part 2 COO - • Life in the C- Suites - Part 2 - COO Watch Part 3 CFO - • Life in the C- Suites - Part 3 - CFO Watch Part 4 CMO - • Life in the C – Suite – Part 4 - CMO TAKE THE QUIZ: https://jsdelia.com/coo-quiz/ / thedealmakertv http://jsdelia.com / johndelia COO: Day to day administration and operations. CEO makes plans, COO implements them. Work depends on CEOs strengths and preferences. Second in command. One of the least understood roles in business. Forty-four percent of Fortune 500 and S&P 500 CEOs had been COOs, according to the Crist Kolder Associates 2013 Volatility Report. Concepts of a COO: Identify key issues Talking to various levels, use data to illustrate problems, prioritize findings Unity in the company's views Able to communicate the mission, vision and values of a company Clear and transparent communication is required Find and invest in best talent Be able to identify best and worst performers Replacing with best performers will improve the company Lead corporate planning efforts Strategic plans, budget plans, operating plans and project plans Implement timelines Improvement throughout company Feedback Fill in leadership gaps Fix issues Common traits of a COO: Strategic with focus on details Knows the future goals but can also focus on the day to day responsibilities Appreciate talent People person, keeps an eye out on how to improve talent in the company, can identify strengths of the individual employees Not about taking the spotlight for oneself Will find ways to highlight all Share the spotlight with everyone/ no ego Have the most qualified/knowledgeable individual for a certain event speak over oneself