Chief operating officers are responsible for two main priorities: keeping the business humming and preparing it for the future, making them well-suited for CEO roles.
During COVID, COOs had to navigate operational challenges while managing their companies, proving their capabilities to handle unforeseen crises and adapt swiftly.
Wheeler stated that COOs, especially in product-focused companies, possess unique insights into product creation, which differentiates them in the C-suite and suggests their CEO potential.
The experiences COOs gained during tumultuous periods have positioned them as leading candidates for CEO roles, as seen with recent appointments across various established companies.
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