A chief operating officer (COO) is usually the second-highest ranking executive in a corporation. The chief operating officer is in charge of executing daily operations for the company, and is second in responsibility only to the chief executive officer (CEO). The COO's job is to help set standards for the company and work with directors and middle managers to ensure that processes, training, and quality of output of goods and services reflect these standards. They may receive constant data-based reports and overviews which include snapshots of revenues, efficiency, and even waste that can be acted upon to improve the company's performance.As the second-in-command, the COO is also responsible for executing the company's overall vision, typically by upholding the CEO's mission statement and working with directors and operations managers to make that visualization a reality. The COO may focus on data related to productivity and revenue generation and make performance assessments based on this data, and these assessments may then be compared to prior weeks, months, or years.Chief operating officers work with operations managers to ensure that optimal staffing levels are set throughout the company and all departments have sufficient resources and procedures for proper employee training. The COO may also work with analysts within the company to assess physical assets and how they can be maintained, repaired, or upgraded.Most chief operating officers have strong educational backgrounds in business and management, typically with graduate degrees in the field. A COO will also need extensive practical experience, and many have previously served as a director or manager within a company. Those in this position work primarily in an office with a dedicated administrative staff. With so many potential direct reports throughout the corporation, they must be organized, dedicated, and willing to work long hours to achieve success.

The Chief Operating Officer (COO) role in Singapore is expected to witness significant growth in the market. Based on a 10-year analysis, this position has experienced a steady rise in demand and relevance. With Singapore's flourishing economy and increasing business activities, the number of employment opportunities for COOs is anticipated to expand further. The future outlook for COOs in Singapore appears promising, considering the country's reputation as a global business hub. Latest data points indicate a positive trajectory for this role, suggesting a continued upward trend in terms of career prospects and job openings in the foreseeable future.

How to Learn

As a Chief Operating Officer COO with 9+ years of experience in Singapore, your main responsibilities include:<ul><li> Oversee day-to-day operations, ensuring smooth functioning of all departments and driving operational efficiency.</li><li> Develop and implement strategic plans to achieve the company's objectives, overseeing budgeting, resource allocation, and performance tracking.</li><li> Establish and maintain strong relationships with key stakeholders, including clients, partners, and regulatory bodies.</li><li> Lead and develop a high-performing team, providing guidance, coaching, and support to enhance productivity and foster a positive work culture.</li></ul>

Roles & Responsibilities

Average take home Salary for a Chief Operating Officer (COO) in Singapore is around S$208126 per year

Salary Breakup

A chief operating officer (COO) is usually the second-highest ranking executive in a corporation. The chief operating officer is in charge of executing daily operations for the company, and is second in responsibility only to the chief executive officer (CEO). The COO's job is to help set standards for the company and work with directors and middle managers to ensure that processes, training, and quality of output of goods and services reflect these standards. They may receive constant data-based reports and overviews which include snapshots of revenues, efficiency, and even waste that can be acted upon to improve the company's performance.

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Chief Operating Officer (COO)

Salary Breakup

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