*** All the Excel files used on the videos are available in the resources section of the respective lessons***
Welcome to the Venture Capital Mastery course, where you will gain the essential skills…
The vice president of operations is responsible for overseeing an organization’s operations tasks and activities. Here’s what to know about a vice president of operations’ salary, needed skills and how to become one.
Vice presidents of operations contribute to the overall profitability and success of a company by leading business operations and working closely with other company leaders to set goals, analyze business needs and understand the company’s success. Operations management and business operations are often used in tandem to ensure supply chains, marketing, sales, finance and HR are running smoothly.
The vice president of operations is responsible for planning and implementing operations strategy. They collaborate with the company’s executives to determine business needs and analyze operational data.
The VP of operations often works closely with executive leaders and the heads of several departments, such as finance, IT, sales and HR. They may have an operations manager or operations associate report directly to them, depending on the structure of the company. This role usually reports directly to the CEO or COO.
Vice presidents of operations are vital to both the day-to-day and long-term success of an organization. A successful vice president of operations analyzes operational data and informs company leadership of business needs and changes that can be made to optimize processes and budgets.
Vice presidents of operations often have a bachelor’s degree in business administration, operations management or a related field. Those aspiring to this role may also want to earn a master’s degree in operations management to further their career opportunities. Since vice president of operations is a senior role, people looking to hold this position should have around 10 years of experience.
Vice presidents of operations can span many industries and may begin their careers as an operations associate. Some commonly held titles before this role include project manager and operations manager. Many vice presidents of operations go on to become chief operating officers.
The job growth rate for vice presidents of operations is expected to grow by 6 percent between 2018 and 2028.
The full compensation package for a vice president of operations depends on a variety of factors, including but not limited to the candidate’s experience and geographic location. See below for detailed information on the average vice president of operations’ salary.
Add another dimension to your professional skillset with Udemy’s online operations courses.