Description

Senior vice-presidents of operations work under the management of a company or business and oversee the daily operation of a company by providing supervision, guidance and leadership in relation to operations procedures. The specific duties of this role differ from one company to the next however, the senior vice president is usually responsible for ensuring that the operations of the company are operating in accordance with the law and the company's goals and standards.

The senior vice president of operations should be knowledgeable about the goals and objectives of the business, which includes its financial goals as well as the corporate mission. They also aid in promoting collaboration and compromise between lower-level employees of a business and the chief operating officer/president. The vice president of operations participates in the supervision of hiring and firing processes as well as employee appraisals and reviews as well as monitoring the company's performance. The senior vice president typically is accountable to the chief executive officer, and can directly supervise general managers and general directors within the business to ensure good relationship with customers and employees. The majority of senior vice presidents of operations are responsible for the majority of a particular company's infrastructure.

Senior vice presidents typically hold master's degrees in their area, or in finance, management or another related discipline. The majority of senior vice-president post require at least 10 years of experience in the same field as well as a majority of companies need at least 15 years of experience, and previous accomplishments in management at the highest level.

Roles & Responsibilities

Within the context of the Senior Vice President (SVP), Operations role, employees are expected to fulfill the following roles and responsibilities in order to make meaningful contributions towards organizational success.

  • Improving the efficiency of all business processes by identifying bottlenecks and implementing strategies to streamline operations.
  • Leading cross-functional teams, setting strategic objectives, mentoring and developing subordinates to ensure their success.
  • Developing budgets, forecasting expenses, tracking variances, and identifying opportunities to reduce costs and improve profitability.
  • Ensuring all operations are compliant with local and international regulations, identifying and mitigating operational risks, and maintaining necessary certifications and licenses.

Qualifications & Work Experience

For a Senior Vice President (SVP), Operations job role in India, with 6-9 years of work experience, the key qualifications required are:

  • Proven leadership abilities to develop and implement strategic operational initiatives, driving efficiency and business growth.
  • Strong financial acumen and ability to analyze complex data, identifying areas for cost optimization and process improvement.
  • Excellent interpersonal and communication skills to collaborate with cross-functional teams, stakeholders, and clients at all levels.
  • Profound industry knowledge and understanding of market trends to make informed business decisions and foster innovation.

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.

Strategic Planning

10%

Leadership

7%

Leadership Communication

12%

Career Prospects

Here are 4 alternative roles to the Senior Vice President (SVP), Operations job role for someone with 6-9 years of work experience in India:

  • Director of Supply Chain Management: In this role, you would be responsible for overseeing the entire supply chain process from purchasing to delivery, ensuring that products are manufactured and delivered on time.
  • Chief Operating Officer (COO): As a COO, you would work closely with the CEO to develop and implement operational strategies to drive revenue and growth for the company.
  • Director of Process Improvement: This role involves analyzing and improving operational processes to make them more efficient and cost-effective.
  • General Manager of Operations: As the GM of Operations, you would oversee a team of managers responsible for the day-to-day operations of the company.

How to Learn

The job role of Senior Vice President (SVP), Operations, in India is expected to witness significant growth in the coming years. As per the reports, the position is anticipated to grow at a rate of 9% between 2020 and 2030. In the last 10 years, there has been an increase in demand for this role, with a steady rise in number of companies hiring individuals for this position. Furthermore, the job role is expected to create numerous employment opportunities in the near future. Reports suggest that there will be a steady increase in the number of job opportunities, providing ample scope for professionals planning to take up this role.