Would your business benefit from a fractional COO?
Employing a fractional Chief Operating Officer (COO), especially in the manufacturing or logistics sectors, offers substantial benefits. A fractional COO brings specialized experience in streamlining production processes, enhancing supply chain efficiency, and implementing cutting-edge technologies. The flexibility of a fractional COO allows for a tailored approach to meet specific business needs, providing a cost-effective way to drive operational excellence and competitive advantage in a dynamic and demanding business environment.
Fractional Chief Operations Officer
A fractional COO is a professional hired on a part-time or contract basis to provide strategic operational management. Their responsibilities involve overseeing the day-to-day operations of a company and ensuring that the business operations are efficient and optimised. The fractional aspect of the role allows businesses that may not require or have the resources to employ a full-time COO to still benefit from this level of strategic expertise. This can be particularly beneficial for start-ups and small to medium-sized enterprises.
Fractional COOs deal with various aspects of the company including planning, production and technological operations. Their focus is on implementing strategies for growth, overseeing projects, making executive decisions and leading the execution of business plans.
The COO, whether fractional or full-time, often holds the second most senior executive title in a company, and they typically report to the CEO. In the absence of the CEO, the COO takes charge and is expected to make crucial company decisions. Specific fractional COO job descriptions and positions in the hierarchy vary across verticals, however.
The skills required
As a fractional chief operations officer, you need to have exceptional leadership skills and a deep understanding of business operations. You must be able to make strategic decisions, manage teams and oversee the execution of business plans. Your critical thinking and problem-solving abilities should be top-notch, as there will be complex situations needing innovative solutions.
Strong interpersonal and communication skills are essential, as you will work with different teams, deal with clients and report to the CEO. Financial acumen is also important, as it’s part of your role to manage budgets, reduce costs and contribute to the overall financial health of the company.
If you’re offering your fractional COO services, a profound understanding of the business sector that the company operates in is vital. It helps you to formulate strategies that align with industry trends and keep the company competitive.
Fractional Chief Operations Officer Jobs in Torquay
Torquay is located on the East-facing coastal area of Devon, in the area called Torbay. Exeter is 17 miles (27 km) to the north and Plymouth is 27 miles (43 k) to the west. Torquay was a tiny fishing and farming village until the Napoleonic wars, when the Royal Navy would take anchor in the bay and the members of the upper ranks would often go to shore in the area. It soon gained a reputation as being a healthy place to stay and by the 19th century, just in time for the arrival of the railways it became a famous spa town and later, a tourist resort. Nowadays it has a static population of around 65,000 but in high season this can swell to 200,000, the size of a small city.
Tourist towns almost always have great logistical requirements, which is why Fractional Chief Operations Officer jobs can sometimes become available in the town or the surrounding area. Torquay is not particularly industrialised, but there are several trading estates dotted around the outskirts. Plymouth and Exeter are better employers and are both nearby, which does make Torquay a popular commuter town, and people living there seeking non-tourism related work will often look north and west.
For its population, Torquay has produced a fair number of world-famous people. Top of the pile is thriller author Agatha Christie, for whom a mile of plaques, the “Agatha Christie Mile”, is dedicated. Peter Cook, one half of Pete and Dud, was born in the town, as was comedy actor Miranda Hart and model Lily Cole. Sketches of The Goodies and Monty Python’s Flying Circus were filmed there, and it was during one of the latter’s stays that the team happened upon a grumpy hotelier who became the inspiration for Basil Fawlty, TV’s most famous Torquay-based hotel owner.
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Fractional COO recruitment at Cast UK
Have you got years of COO experience under your belt? Whether you’re semi-retired, between contracts or have thrown yourself into interim executive work for the duration, why not register with us and tell us what you can do. There are businesses looking for your skills right now.
On the other side of the coin, you might be running a business and need some solid operational management but don’t want to take on a permanent, full-time executive. That’s why you should call Cast UK on 0333 121 3345 or contact us here – there’s a good chance we’ve know just the person you’re looking for in our curated talent pools.
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