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Group vice president vs operations vice president

The differences between group vice presidents and operations vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a group vice president, becoming an operations vice president takes usually requires More than 10 years. Additionally, a group vice president has an average salary of $167,679, which is higher than the $163,076 average annual salary of an operations vice president.

The top three skills for a group vice president include financial services, healthcare and project management. The most important skills for an operations vice president are customer service, oversight, and project management.

Group vice president vs operations vice president overview

Group Vice PresidentOperations Vice President
Yearly salary$167,679$163,076
Hourly rate$80.61$78.40
Growth rate17%6%
Number of jobs51,499147,465
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 70%
Average age4652
Years of experience8-

What does a group vice president do?

A group vice president is primarily in charge of implementing an organization or group's policies and regulations, including its vision and mission. Most of the time, they directly report progress to the president and assist in carrying out new programs and protocols that optimize the overall business procedures. Their responsibilities also include researching new business opportunities, developing solutions on organizational issues, setting goals and objectives, overseeing the performance of the workforce, and monitoring the workflow to ensure efficiency and growth.

What does an operations vice president do?

The responsibilities of an operations vice president will revolve around overseeing business operations and ensuring workforce and workflow efficiency through evaluations and providing strategic plans that would drive the company to meet its vision and mission. An operations vice president, in adherence to the company policies and regulations, also has the power to hire and train employees, even to execute disciplinary actions such as termination or suspension when necessary. Furthermore, an operations vice president also has discretion in reviewing and approving reports and requirements in various aspects such as budgeting and new policies.

Group vice president vs operations vice president salary

Group vice presidents and operations vice presidents have different pay scales, as shown below.

Group Vice PresidentOperations Vice President
Average salary$167,679$163,076
Salary rangeBetween $106,000 And $264,000Between $106,000 And $249,000
Highest paying CitySeattle, WASeattle, WA
Highest paying stateAlaskaWashington
Best paying companyCitiAltar'd State
Best paying industryFinanceHospitality

Differences between group vice president and operations vice president education

There are a few differences between a group vice president and an operations vice president in terms of educational background:

Group Vice PresidentOperations Vice President
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 70%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Group vice president vs operations vice president demographics

Here are the differences between group vice presidents' and operations vice presidents' demographics:

Group Vice PresidentOperations Vice President
Average age4652
Gender ratioMale, 71.5% Female, 28.5%Male, 77.7% Female, 22.3%
Race ratioBlack or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3%Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.5% Asian, 7.5% White, 76.8% American Indian and Alaska Native, 0.6%
LGBT Percentage11%12%

Differences between group vice president and operations vice president duties and responsibilities

Group vice president example responsibilities.

  • Lead managements of emerging healthcare companies to raise capital through initial public offerings and other financial alternatives.
  • Lead asset management function including budget development and analysis of and strategic planning for economic performance of real estate asset portfolio.
  • Perform asset management duties that cover project development and property management oversight.
  • Supervise, coordinate and provide oversight for budgeting and financial planning activities during site development.
  • Deliver strategic market planning and tactical implementation of programs to educate healthcare professionals and to further free exchange of scientific information.
  • Manage all aspects of portfolio management including: strategy development, capital and expense forecasting, process development and performance measurement.
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Operations vice president example responsibilities.

  • Manage business unit SLA's, define annual goals, operating plans and budgets.
  • Lead a team to use scrum and define, design, develop, and launch a new CRM platform.
  • Manage resource allocation and utilization, and communicate results via reporting dashboards and ROI analysis.
  • Finance and billing accountability across Medicaid, manage care commercial insurance, insurance verification, contract management, and benefits administration.
  • Create financial and sales reporting packages, implement CRM system and expand capabilities of ERP system by integrating additional modules.
  • Provide oversight of initiatives, consolidate customer value add services, regulatory compliance programs including quality management/document control and SOX.
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Group vice president vs operations vice president skills

Common group vice president skills
  • Financial Services, 8%
  • Healthcare, 7%
  • Project Management, 6%
  • Due Diligence, 5%
  • Oversight, 5%
  • Direct Reports, 5%
Common operations vice president skills
  • Customer Service, 11%
  • Oversight, 9%
  • Project Management, 5%
  • Process Improvement, 5%
  • Human Resources, 4%
  • Continuous Improvement, 4%

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