Role of COOs Making a Comeback with a Revamped Job- Description

By: Rachita Sharma, Managing Editor | Thursday, 5 October 2023

The role of a COO is arguably one of the most critical for any company’s growth. However, not many of us can name more than one recognized COOs. It was during the 2000s when companies aspired to build a flat power structure. As a consequence, the CEO’s role acquired extra responsibilities and the role of COO began to become redundant in a majority of large companies.

However, in today’s business climate, companies need to constantly innovate their operating models to align with newly emerging business landscape. This responsibility cannot alone be helmed by the CEO. As a consequence, we see the Chief Operating Officer role making a comeback. Armed with the multiple domain expertise, COOs are increasingly becoming the steward of this muchneeded change.

A COO does a lot. cost reduction, innovation and risk management are some of their key responsibilities. But the COOalso arms organizations to simplify complex supply chains, adopt digital transformation, champion sustainability goals and avert geopolitical and cybersecurity risks. He is tasked with staying abreast of evolving regulatory compliance and making sure that workforce development never stops.

Companies are always at risk of suffering owing to external factors that are beyond one’s control. The COO stands as a shield and equips the company to stay safeguarded from said challenges.

The current edition of Women Entrepreneur magazine shines the spotlight on exceptional COOs who have the architect of their respective companies’ success.

In this edition meet Anny Paul Khorana who holds the esteemed position of Chief Operating Officer at The Wellness Co. With a distinguished career in the field of wellness and business leadership, Anny brings a wealth of expertise to her role. Her professional journey is marked by a relentless commitment to delivering value and innovation in the wellness industry.

Dr. Lisa Patvivatsiri, COO, Thai Group Holdings is another leader featured in the magazine issue. Dr. Lisa an accomplished professional, holds a Ph.D. from Texas Tech University. With a diverse background, she has contributed her expertise to esteemed organizations like Production Modeling Corporation and Deloitte Consulting, South East Asia (SEA). Her journey reflects a passion for driving excellence in business process improvement and project management.

Read on to know more about these women leaders and the secret to their professional success.

Do let us know your thoughts.