Description

Senior vice presidents of operations work underneath the managing president of a business or company; they manage a company’s day-to-day functions using guidance, supervision, and leadership related to operational procedures. The specific tasks of this position vary from company to company, but a senior vice president is generally tasked with ensuring the company's operations are working within the laws and the company’s standards and goals.The senior vice president of operations must be versed in the internal goals of the company, including its financial goals and corporate mission. They also help promote cooperation and compromise between the lower-level employees of a company and its president/chief operating officer. The vice president of operations is engaging in supervision, the hiring and firing process, employee reviews and appraisals, and monitoring the organization’s operational success. The senior vice president traditionally answers to a chief executive officer and may directly supervise general manages and general directors in the company to ensure proper employee and customer relations. Most senior vice presidents of operations find themselves overseeing a large portion of any given company's infrastructure.Senior vice presidents tend to have master’s degrees in their field, or in management, finance, or a related discipline. Most senior vice presidents positions require a minimum 10 years of related experience, and many companies require 15 or more, as well as previous success in high-level management.

Roles & Responsibilities

As a Senior Vice President SVP, Operations with 9+ years of experience in Canada, your main responsibilities include:

  • Oversee and optimize operational processes to ensure efficiency and productivity across all departments. Streamline operations and identify areas for improvement to enhance overall organizational performance.
  • Develop and implement strategic plans and initiatives to align with the company's goals and objectives. Create and execute strategies that drive business growth, profitability, and operational excellence.
  • Manage and lead a team of department heads, providing guidance, support, and mentorship. Foster a collaborative and high-performing work environment, empowering teams to achieve their targets.
  • Monitor key performance indicators KPIs and metrics to assess operational performance and make data-driven decisions.

Qualifications & Work Experience

For a Senior Vice President (SVP), Operations, the following qualifications are required:

  • Proven leadership experience at the executive level, with a track record of successfully managing operations and driving organizational growth.
  • Strong strategic and analytical thinking abilities, enabling the identification of opportunities for process optimization and efficiency improvements.
  • Excellent communication and interpersonal skills to effectively collaborate with cross-functional teams and senior stakeholders, both internally and externally.
  • Financial acumen and experience in budgeting, forecasting, and managing P&L statements, ensuring financial goals are met while maintaining operational excellence.

Essential Skills For Senior Vice President (SVP), Operations

1

Strategic Planning

2

Leadership

3

Leadership Communication

Skills That Affect Senior Vice President (SVP), Operations Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Project Management

9%

Strategic Planning

10%

Leadership

1%

Career Prospects

The role of Senior Vice President SVP, Operations is critical to driving efficient operations and strategic decision-making. With 9+ years of experience in Canada, professionals in this role can consider the following alternative positions:

  • Chief Operating Officer COO: A senior executive role responsible for overseeing the overall operations and performance of the organization.
  • Supply Chain Director: A position focused on managing the end-to-end supply chain, optimizing logistics, and ensuring timely delivery of goods and services.
  • Director of Process Improvement: A role dedicated to identifying and implementing process enhancements to increase efficiency, reduce costs, and improve quality.
  • Head of Customer Experience: A position focused on enhancing customer satisfaction and loyalty by leading initiatives to improve the overall customer journey and service delivery.

How to Learn

The role of Senior Vice President (SVP), Operations in Canada is expected to experience steady growth in the market. A 10-year analysis suggests that this position will continue to expand, driven by the increasing complexity and scale of companies' operations. With advancements in technology and globalization, the need for efficient operations management is on the rise. Consequently, a significant number of employment opportunities are projected to be available in the future for individuals aspiring to hold this position.