In a company, the CEO receives copious support. In fact, CEOs sometimes have a second-in-command, or COO, whose main goal is supporting the CEO. However, the COO often lacks support, which can limit their ability to effectively help the CEO.
Over 40% of the world’s leading companies have a COO, but many of these COOs do not have a standard job description or title. The day-to-day work of a COO changes depending on the CEO needs, company stage, and leadership team strengths, but the core principle of providing support to the CEO remains.