What does a president & chief operating officer do?

A division director is an individual who is responsible for managing team members and business operations that are assigned in his/her or her division to achieve the goals of a company. Division directors are required to evaluate division performance and ensure that the team's work complies with the company policies and procedures. They must lead new business development efforts with customers or brokers and should work closely with legal to ensure the protection of the company's interest. Division directors also assist in employee recruitment and provide training to the team if there are skill gaps.

These skill sets are where the common ground ends though. The responsibilities of a president & chief operating officer are more likely to require skills like "financial performance," "strategic partnerships," "start-up," and "risk management." On the other hand, a job as a division director requires skills like "client relationships," "customer service," "patients," and "project management." As you can see, what employees do in each career varies considerably.

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.

In addition to the difference in salary, there are some other key differences worth noting. For example, president & chief operating officer responsibilities are more likely to require skills like "strategic partnerships," "healthcare," "start-up," and "coo." Meanwhile, an operations vice president has duties that require skills in areas such as "customer service," "project management," "continuous improvement," and "financial statements." These differences highlight just how different the day-to-day in each role looks.

A corporate vice president is an executive professional who is vital in managing staff and supervising departmental operations of a corporation. Corporate vice presidents must assist the president and the board of directors in designing the overall mission, values, and strategic goals of the corporation. As determined by the business's strategic goals, vice presidents must contribute to sales innovations, strategic business development, and the profitability of the corporation. Corporate vice presidents must also attend meetings with the board of directors to share information about competitors and expansion opportunities.

There are many key differences between these two careers, including some of the skills required to perform responsibilities within each role. For example, a president & chief operating officer is likely to be skilled in "revenue growth," "strategic partnerships," "start-up," and "logistics," while a typical corporate vice president is skilled in "portfolio," "project management," "financial statements," and "treasury."

An executive vice president is responsible for monitoring departmental operations, managing customer relationships, developing the company's strategic goals, and identifying business opportunities that would maximize the company's performance, drive revenues, and achieve the business's profitability goals. Executive vice presidents contribute to sales innovations, negotiate business contracts, analyze financial reports, and minimize the company's expenses without compromising high-quality operations and customer satisfaction. An executive vice president must have excellent leadership and communication skills to support its daily operations to achieve its long-term goals and objectives.