What Does a VP of Operations Do?
VPs of Operations typically work for corporations across industries or educational institutions. They work closely with company Executives and lower-level management to ensure that the employees have a clear understanding of the organization’s values and goals. Their job is to oversee department budgets, communicate with media personnel when necessary and perform tasks on behalf of upper management. They may also be responsible for leading HR initiatives like improving employee benefits, hiring procedures and recruiting programs.
VP of Operations Skills and Qualifications
A successful VP of Operations should have a degree in the company’s industry and/or in business administration. As a senior leadership role, a VP of Operations should have a minimum of 10 years of experience as a manager. Good public speaking and communication skills along with a professional appearance and demeanor are critical for the position. Here are several skills and qualifications a VP of Operations should have:
- Bachelor’s or master’s degree in business administration and/or company’s industry
- Excellent interpersonal and public speaking skills
- 10 to 15 years of managerial experience
- Proven strategic planning and budgeting experience
- Demonstrated experience setting, monitoring and meeting quarterly and annual goals
- Experience building and scaling teams and systems
- Problem-solving skills
- An entrepreneurial spirit
VP of Operations Salary Expectations
The average salary for a VP of Operations is $144,581 per year. Related position salaries include a Director of Operations, which averages $94,692 per year; a Vice President, which averages $151,740 per year; and a Chief Operating Officer, which averages $120,930 per year. Additionally, all types of VP of Operations salaries vary depending on where the employee lives and how much experience they have and can increase as they gain skills and experience.
VP of Operations Education and Training Requirements
A college degree is critical in the role of a VP of Operations. A bachelor’s degree in the company’s industry coupled with on-the-job experience and growth may be enough to bring a candidate to the position of VP of Operations. However, a bachelor’s degree in the company’s industry and a master’s in business administration provides leverage for a candidate. Public speaking and media training are additional assets.
VP of Operations Experience Requirements
A VP of Operations must have years of experience managing teams, budgets and strategic plans. It is helpful to also have experience with public speaking.
Job Description Samples for Similar Positions
Other related and positions similar to a VP of Operations include: