Business management degrees are a great place to start your career because they give you important knowledge and skills about business strategy and operations. Finances, budgets, marketing, strategy, and leadership are all taught in business management courses and these skills are critical in setting you up for success in your career.
Step 2: Look for organizations with growth opportunities.
One of the key skills required of a COO is understanding business operations, inside and out. The best way to get a ground-level view of how businesses function is to get experience in a variety of departments, like production, research, development, finance, or marketing. Look for companies that value and encourage internal mobility between departments.
Step 3: Gain management experience.
The best COOs will adapt their communication styles based on each individual team member’s needs. When you become a manager, communicate often with your team and find out what’s working, what can be improved, and how you can communicate about projects more effectively.
Step 4: Keep track of your relevant accomplishments.
As the years go by, it’s natural to forget the improvements or impacts of your work on different departments. What companies want is a proven track record of managing profits and losses and increasing supervisory experience. Keep a running document to take note of operations you’ve improved, budgets you’ve cut, and procedures you’ve streamlined.
Step 5: Earn your master’s degree.
Becoming a COO could take up to 15 years. By earning your master’s degree, you’ll stand out among your peers and gain the skills and knowledge necessary to be an effective COO. An MBA or a master’s degree in management and leadership could be crucial as you prepare to move forward in your career. The skills you will learn in these programs include advanced business strategy, leadership skills, communication, and management techniques. All of these are key as you move into higher-level positions in an organization, taking on more responsibility.