Building Strategic Partnerships: Collaborative Approaches to Enhancing Operations
No person is an island. It takes a team to make an impact, especially in business. Leaders must partner with various stakeholders to achieve their goals. A collaborative approach is necessary, but the strategy must be worked out over time. Leaders with roadmaps will...
What COOs Need to Know About Dual Transformation
With the economy in continuous change, companies can unlock and sustain growth by building new businesses while reinventing and transforming the core business. Below, you will learn about dual transformation and 5 principles to new business success. As reported by...
COO’s on the Move: August 2024
As we step into September 2024, Chief Operating Officers (COOs) are preparing to embark on a new career journey this month. Today, we will focus on 11 COOs that have made a career change in August. Chick-fil-A Names Cliff Robinson as New COO Chick-fil-A also announced...
Innovative Approaches to Cost Reduction in Operations
COOs should have an eye on their company’s bottom line. In addition to generating sales, they must determine ways to save money. As Benjamin Franklin said, “A penny saved is a penny earned.” As COO, you must ask yourself what approaches you can integrate to reduce...
Best Practices for Managing a Global Workforce
Thanks to today’s remote working capabilities, businesses can source talent from all over the world. They are no longer limited by location. They can find the best workers, even if they live across the globe. However, challenges arise in terms of managing that...
Procurement in the Next Decade
With advances in technology and sustainability strategies, smaller companies can improve their procurement practices. While leading procurement companies are using innovative approaches to stay ahead and prepare for the next decade. This month, McKinsey released a...
Key Metrics Every COO Should Track for Business Success
Key metrics are vital to business. They indicate how well strategies are performing. They determine ROI and help businesses understand what’s working and what isn’t. Leaders should track key metrics on an ongoing basis. But which metrics should they focus on? This...
How Does Tech and Talent Go Together?
Talent management starts by focusing on workforce challenges, adapting to generational needs, leveraging technology in operations, and developing leadership for talent retention. McKinsey & Company posted a podcast on how tech and talent go together. Below, you...
Leading Remote Teams: Best Practices for COOs in the Era of Remote Work
In the modern business world, remote work is no longer the exception, it’s the norm. Despite its growing acceptance, COOs still struggle to keep teams engaged and connected when working virtually. Other issues arise in the form of security risks and miscommunications....
COO’s on the Move: July 2024
For Chief Operating Officers (COOs) embarking on a career change, the journey ahead is filled with both challenges and opportunities. Today, Operation Council will highlight 11 COOs that have accepted new roles in July 2024. Porsche Cars North America Names John...
Chief AI Officers: Here’s What Success Looks Like
Artificial Intelligence (AI) is on the rise, therefore, the demand for Chief AI Officers is also on the rise. The Chief AI Officer is a role that can shape a future of a company. Below you will learn what success looks like in this new c-suite role. As reported by...
Streamlining Supply Chains: Best Practices for Operations Leaders
A company’s supply chain is crucial to operations. Without supplies, businesses are unable to maintain productivity. They lack inventory to fulfill orders and may not have the resources they need to complete daily tasks. Unfortunately, several factors can disrupt...
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