The COO: A CEO’s Ultimate Ally

CEOs are the frontrunners of companies, carrying out the most important and delicate business affairs, yet, who do they turn to when the workload becomes too much? 

The COO, or second in command, is responsible for executing strategies, defining priorities, and juggling multiple tasks at once. More than 40% of all businesses operate with both a CEO and COO, however, many second in command are filling the job description without the proper title. Because many COOs are assuming responsibility for more than they are qualified, organizations have seen a 20% – 30% decline in revenue each year due to inefficiencies in the workflow. 

It is clear that methods of the past are no longer sufficient enough for a COO to fulfill their position requirements. To combat this problem, companies require modern solutions in the form of coaching and training systems. Businesses that adopt this framework have noticed a 48% increase in organizational performance, a 50% increase in team performance, and a 70% increase in individual performance. Catapult Ai, a business operating system, is specifically designed to help companies achieve goals at a faster rate, outpace growth projections, and most importantly, save time on daily operations. 

When implemented correctly, an empowered COO through COO coaching encourages measurable success in the growth of a business, and in turn, elevates the company.

Source: Diane Integrates