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CEOs: On a scale of 1-10, how much are you concerned about a recession? It seems like we’ve been hearing about it for a while now, but haven’t entered into it in an “official” capacity. We’ve been hearing about it for a while now. Certainly, we...
After years of working in and around nonprofit organizations, one thing has become crystal clear to me: nonprofits need a Chief Operating Officer (COO). While the importance of a CEO is indisputable, the role of a COO is often overlooked—especially in the nonprofit world. There’s typically...
CEO. COO. These are the roles I find crucial to any business. Agree or disagree? I’m happy to debate! I will concede that it's easy for the lines between these roles to get blurred, especially in startups and smaller companies. Why does this happen, and how...
If you were to describe the COO role in 4-5 words, what would that definition be? There are certain descriptions that should NOT be included. Still, myths and misconceptions often circulate about what the COO role is (and what it isn’t). Here are some of the...
Here’s a question for all the CEOs out there: Does your COO have CFO skills? Do they need to? The short answer is absolutely YES. Many small and midsize (SMB) companies choose one or the other and then combine the roles. In some cases, the CEO is...
CEOs: Who on your team is your “ride or die”? Is it your COO? There’s a lot to consider here. If you don’t feel like you have one, that could be a problem. Not necessarily in ALL cases, but I want to propose something… A one-sided relationship...
Companies on an upward trajectory undoubtedly face growing pains. It would be unsettling if they didn’t! You know, that “too good to be true” scenario never ends well. Within a growing company, there definitely comes a time when CEOs and their teams need to think about...
CEOs: Aside from all the day-to-day duties you encounter, what is the biggest barrier you face? I hope it’s not battling with your COO! In business, CEOs and COOs have distinct responsibilities. An oversimplified explanation I’ve seen again and again is, “CEOs are in charge of where...
CEOs and business owners: If you had to identify the most debilitating challenge in your business environment, what would it be? There are many to choose from! In meeting with business leaders, I’ve found some similarities in their answers as well as differences. Sometimes, this depends...
In business, no two companies have the same exact goals. Sure, overarching objectives like “revenue” or “acquisition/retention” exist. But, there are unique, underlying objectives that define what success means to a CEO. That means, not every COO can fit the bill for a company’s needs. I’ve...