COOs can maximize their impact by shifting focus from daily operations to strategic initiatives. Yet, many lack a defined agenda that aligns with their unique responsibilities. Although agendas can vary by company and context, we've put key elements every COO agenda should include. https://mck.co/4cv8h7B
McKinsey & Company, In today's fast-paced business world, a COO's role is more critical than ever. McKinsey highlights five key elements every COO should focus on: a clear vision, effective organization and talent management, a personal operating model, robust planning and execution, and strong stakeholder engagement. By aligning these elements with the company's strategy, COOs can drive significant impact and foster a culture of excellence. This thoughtful approach not only enhances operational efficiency but also prepares the organization for future challenges. It's about turning strategy into action and ensuring the team is ready to succeed.
Americans are the best at grabbing the moment. Have accountability and leadership disappeared in France ? Time will tell. Now is the time for skills to replace ego, or am I wrong ?
5 great elements. Strong teams, clear goals, and diverse influence tactics are key.
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Great advice!
Executive Search | Unlocking Transformations | Supply Chain & Operations | Operational Excellence | IWS / TPM | ex-EY Partner
2wI would add one more element, which might be implied in the second point but often gets overlooked: defining a company culture that supports strategy execution and delivery. Company culture and behaviors are frequently just buzzwords found on a company’s website, rather than being genuinely integrated into the organization. It is crucial to establish and nurture a culture that actively promotes and facilitates the execution of companies strategic goals. Effort required to make it happen may be more significant than any other elements which will enable achieving company targets.