what you need to know about hiring a great coo
TRANSCRIPT
What you need to know
about hiring a great COO.
Image courtesy of Shawn Clover at flickr.com
Batman has Alfred. Luke had R2-D2. Frodo had Samwise
Gamgee. What do all these duos have in common? One of them
is the headliner, the one that grabs all the attention. The other is
there to make sure the main character doesn’t falter and keeps
things running smoothly. The same can be said about the
relationship between a Chief Executive Officer and his Chief
Operations Officer. CEO are the face of an organization. They run
the press conferences and are the ones that ultimately make and
have to respond for decisions.
The COO oversees the day to day activities of a company to
ensure that it is running smoothly and toward the goals the
CEO and the board of directors have established.
Other than hiring a CEO, the COO is possibly the hardest position
to fill. He or she will basically be given the task of fulfilling and
surpassing expectations as well as making sure everyone is on
board. Knowing what to look for and what questions to ask the
candidates is the key to making the right choice.
A Chief Operations Officers job profile really depends on the
business he or she will be working in and what the company
wants and needs from the position. The personality profile,
however, is pretty much a constant in all companies with a
powerful and successful COO. CEOs and Board members should
be on the lookout for three qualities.
A people person:
Great COO are always on the lookout for those who will make his
or her job easier. They have an eye for spotting talent within and
outside the company. Team players. Driven and proactive
individuals. These are the kinds of people COO want on their
team and the will try to give every chance to make sure
collaborators with potential receive all the training they can
get.
Keeps a low profile:
An Operations Officer doesn’t want the credit. That’s what the
CEO is for. COO strive to make sure the company runs like a well
oil machine. They have zero ego and always have a company’s
and its employees’ best interest in mind.
Listen to the brain and not the heart:
An effective COO keeps his feet on the ground. CEOs and the
board of directors often make decisions based on feeling and
emotion. Hunches are not in a COO’s vocabulary. He or she will
sit down and gather all relevant data before making a call or
green lighting a board decision. After all, the decisions taken
will directly affect a company’s day-to-day operations and
therefore the COO’s job and responsibilities. He or she must
have all the information that will allow him or her to make an
educated assessment on the viability of CEO and Board members
proposals.
Once the list of candidates has been narrowed down to only those
who fit the profile it’s time to consider what should be asked
during the interview process. The right questions could make or
break a candidate’s hiring process.
Image courtesy of Colin Kinner at flickr.com
1. What is our business?
Simple and to the point. Incredibly effective. This question will
help you find out who has done their homework and who just read
the company’s website a couple of days ago. A COO must be
informed of what the company is all about so that he or she can
develop strategies to make it grow.
2. Based on what you know about the company, how do
you fit in with the culture around here?
Candidates who answer the first question correctly will usually
have an understanding of what a company’s culture and values
are. This question will help see if the candidate will fit right in or
whether he or she will create a disturbance in the force.
3. How important is giving and taking feedback and how
do you go about it?
The answer to this question will demonstrate how a COO
candidate handles what his superiors suggest to him or her and at
the same time interviewers will get an idea of how the candidate
treats his or her collaborators.
4. How do you take failure?
A Chief Operations Officer’s decisions or strategies might tank
every once in a while. Hopefully, not often. Gauging the person’s
reaction to this question gives insight into how a person deals with
setbacks. Does he or she beat himself up for a business decision
gone sour or does the candidate take a deep breath, analyze the
weaknesses from his or her strategy, and then develop a new and
improved one?
5. How would you communicate with people at different
levels in the company?
Even though a COO normally flies under the radar, he or she
must communicate with others. The answer a candidate gives to
this inquiry will provide details into how he or she treats others
and how effective he or she is at giving information, reports, or
commands based on who the person has in front of him or her.
Chief Operations Officers are the CEO's right hand
man or woman. Finding the right one can be a
grueling process. Knowing who you need and how
they answer interview questions is essential in
making the best educated guess that will help a
company grow and maximize the potential of its
employees.