Research and publication, IIPM-Knowledge Centre
Create the position, if necessaryMany companies have phased out the COO position, parceling out corporate responsibilities to the CFO and operating responsibilities to division heads. To meet the demands of Sarbanes-Oxley (a corporate governance requirement in United States) for greater accountability, they have also shortened the CEO’s line of direct responsibility by eliminating the COO slot. In those organizations, when a CEO intends to retire and there is neither a current COO nor a potential successor inside the company, the board can create an interim COO role and fill it with an outsider who could eventually assume the top job.
For Complete IIPM-Article, Click on IIPM-Editorial Link
Source:- IIPM-Editorial, Editor:- Prof. Arindam Chaudhuri - 2006
For Complete IIPM-Article, Click on IIPM-Editorial Link
Source:- IIPM-Editorial, Editor:- Prof. Arindam Chaudhuri - 2006
Learn More About IIPM:-
IIPM Director's Desk ! IIPM Dean's Message ! History of IIPM ! IIPM Mission ! IIPM Curriculum ! IIPM Project Based Learning ! IIPM GOTA ! IIPM Dual Specialisation ! IIPM Faculty ! IIPM GOP ! IIPM Campus Resources ! IIPM Campus Events ! IIPM Sports Club
