What does a Vice President of Operations do?
A vice president of operations is an executive-level professional in charge of the day-to-day business structure. They often work closely with leadership to determine organizational goals and oversee departments to ensure employees are properly meeting these goals. A VP of operations collaborates with managers to learn the needs of departments and provides them with resources to help improve company efficiency and productivity.
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Working as a Vice President of Operations
A successful vice president of operation is often in charge of:
- Administering tasks and responsibilities to managers and other employees.
- Setting goals for employees and monitoring their performances to ensure they meet each one.
- Applying problem-solving skills to address any productivity or efficiency challenges.
- Interviewing and hiring managers and executive-level employees.
- Guiding managers using leadership skills and providing necessary resources to departments.
- Working with other executive employees to develop an appropriate budget and financial plan.
- Overseeing the satisfaction of employees and working to keep them happy in their positions.
How much does a Vice President of Operations make in the United States?
Average base salary
The average salary for a vice president of operations is $127,963 per year in the United States and $28,000 profit sharing per year.1.5k salaries reported, updated at August 14, 2022.
Where can a Vice President of Operations earn more?
Compare salaries for Vice President of Operationses in different locationsHow much do similar professions get paid in United States?
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Common questions about for a Vice President of Operations
What skills does an employee need to become a VP of operations?
To become a successful VP of operations, many employers expect you to have the following skills:
- Verbal and written communication
- Leadership
- Decision-making, especially under pressure
- Negotiation
- Public speaking and presentation
What is the career outlook for a VP of operations?
According to the Bureau of Labor Statistics, VP of operations positions should grow approximately 6% over the next decade. Since they project industries to enhance and grow, the need for executive-level professionals such as vice president of operations should grow alongside it.
What is the difference between a director and a VP of operations?
The director of operations is typically a step underneath the VP of operations. A director of operations is usually training or gaining the qualifications needed to become a VP of operations. They often report to a professional within a vice president role and work to prove their abilities to become a vice president of operations.