What makes a COO the perfect fit for your organization? How can you find and hire someone who will excel in this crucial leadership role?<\/p>\n\n\n\n
In The Second in Command<\/em>, Cameron Herold provides a comprehensive roadmap for finding and onboarding the ideal chief operating officer. His guidance covers everything from creating detailed job descriptions to conducting thorough interviews and implementing an effective onboarding process.<\/p>\n\n\n\n Keep reading to discover how to hire<\/a> a COO who will strengthen your leadership team and help take your business to the next level.<\/p>\n\n\n\n\n\n\n\n Once you\u2019ve determined what type of COO<\/a> you need (if you need one), Herold says it\u2019s time to start the process of hiring one. He provides comprehensive advice on how to hire a COO, explaining that you need to create a clear and detailed job description<\/a>, get the word out there to potential hires, and conduct in-depth interviews.<\/p>\n\n\n\n To write a job description that will attract the perfect COO, you\u2019ll need to include the superpowers you want them to have, the business areas they\u2019ll manage and the responsibilities they\u2019ll have (consider the various COO types and roles), and the personality traits and values you want them to have.<\/p>\n\n\n\n (Shortform note: In Who<\/em><\/a>, Geoff Smart and Randy Street reiterate the importance of creating a job description that includes the skills, roles and responsibilities, and personality traits you want your hiree to have. They also emphasize the importance of keeping your description of these elements as short as possible and not using jargon<\/a>\u2014this will ensure that your needs are easily understood and that you and the candidates are on the same page.)<\/p>\n\n\n\n When considering the personality traits and values of your COO, be sure to take into account your personality and your desired company culture<\/a><\/strong>. Since the COO will have a close relationship<\/a> with you and you\u2019ll spend a lot of time together, they should be someone who you can get along well with and who shares similar values and perspectives\u2014they shouldn\u2019t have personality traits that get on your nerves, for example.<\/p>\n\n\n\n (Shortform note: To help find your perfect personality match, consider taking a personality test like the Myers-Briggs (MBTI) test and looking for someone with complementary traits<\/a>. For example, research shows that in romantic relationships, couples in which both people are deemed \u201csensors\u201d and \u201cjudgers\u201d by the MBTI pair well, as do couples in which both people are \u201cintuitors\u201d and \u201cfeelers.\u201d While a CEO-COO relationship isn\u2019t romantic, these pairings may still influence compatibility since they require such a high level of closeness\u2014Herold often refers to COO-CEO relationships as a \u201cmarriage.\u201d)<\/p>\n\n\n\n Further, since the COO is the model of your company culture, you need to be sure they <\/strong>already<\/em><\/strong> align with the core values<\/a> and behaviors of that culture <\/strong>before<\/em><\/strong> they apply for the job<\/strong>. According to Herold, it\u2019s nearly impossible to change who someone is as a person, so you need to ensure they\u2019re the person you need when you hire them and not afterward.<\/p>\n\n\n\n (Shortform note: In The Advantage<\/em><\/a>, Lencioni reiterates the importance of hiring people who already align with the company culture, since it\u2019s unlikely you\u2019ll be able to change their values and behaviors. To determine the proper values and behaviors to define your culture, he recommends considering not only the traits you want<\/em> your culture to uphold, but the positive traits that are already<\/em> represented in your culture<\/a>. Further, when listing these components, avoid one-word descriptions like \u201ccompassion\u201d and instead opt for more specific and actionable descriptions like \u201cwillingness to seek others\u2019 perspectives and offer help.\u201d)<\/p>\n\n\n\n Finally, create a detailed future vision of your company and outline what the COO will need to accomplish within their first year of work<\/strong>. This outline will help the COO determine if they have the experience and abilities to meet your expectations, and you\u2019ll use this outline to measure their success should they be hired. When creating your outline, consider things like your high-level goals, business strategies, financial goals<\/a>, cultural goals, and so on.<\/p>\n\n\n\n (Shortform note: Smart and Street reiterate the importance of clarifying the goals of the role you\u2019re offering on the job description<\/a>. In particular, the authors recommend including three<\/em> to eight<\/em> goals. To make them most effective, ensure these goals are clear, objectively measurable, and have specific deadlines.)<\/p>\n\n\n\n Once you have a job description written up, Herold says you must start your search by first determining whether you want to hire from inside or outside of the company<\/strong>. Internal hires can be great because they already know the company and may already have a close relationship with you; however, only hire internally if this person is your perfect fit.<\/em> If you try to make a COO fit who doesn’t perfectly align with everything<\/em> you\u2019re looking for, you\u2019ll only cause more problems in the future.<\/p>\n\n\n\n (Shortform note: One major advantage of hiring internally that Herold doesn\u2019t address is that, if you already have a great company culture that you don\u2019t need to change, an internal hire is much more likely to be able to align with and model the culture<\/a>. And as Herold explains, this alignment is one of the most important aspects when selecting your COO.)<\/p>\n\n\n\n When searching for an externally hired COO (which is most cases), you must spread the word about the open position across as many mediums as possible<\/strong>. Since they\u2019re so valuable, the best people for the job are often hard to find\u2014they\u2019re usually already working for someone else and you\u2019ll likely need to poach your COO from another company. <\/p>\n\n\n\n To reach these high-value people, post your job description on social sites like LinkedIn and Facebook and have your employees do the same. You can also post in any business groups you belong to or reach out to people directly through email. Another option is to work with an executive search firm\u2014a recruitment service that will help you find a high-value person to fill the role you\u2019re looking for in exchange for a fee.<\/p>\n\n\n\n (Shortform note: Instead of following traditional methods of recruitment like hiring a firm or posting your job listing, the authors of Who<\/em><\/a> recommend using an ongoing referral process to create a talent pool<\/a> you can pull from when the time comes to hire someone new. To do this, regularly ask people whose skills and knowledge you respect to introduce you to people they think would thrive in your organization. You should ask for a referral every time<\/em> you meet someone you respect. Then, cultivate relationships with these referrals and stay in touch\u2014this will make them more likely to seriously consider your offer if and when you reach out.)<\/p>\n\n\n\n Once you find a few candidates that might fit the bill, Herold says you must interview them yourself to ensure they\u2019re the right fit. In the first round of interviews, determine whether each candidate\u2019s values and behaviors align with your personality and your desired company culture.<\/strong> If they don\u2019t align on this level, there\u2019s no point wasting your time with further interviews, as these aspects can\u2019t be taught.<\/p>\n\n\n\n After narrowing down the candidate pool to about five people, conduct a second round of interviews to determine whether or not the candidates have the skills you need<\/strong>. Do they have the superpowers you\u2019re looking for and the ability to accomplish the components of your outline? You\u2019ll probably want to include department heads during this interview stage who can help you determine the candidates\u2019 skills in the areas you\u2019ve outlined but don\u2019t have expertise in\u2014for example, the financial head or the marketing head. You should also ask for references in this interview who can verify the candidate\u2019s skills.<\/p>\n\n\n\n In the next interview, Herold recommends spending substantial time asking the candidate what each of their references would say regarding their alignment with the criteria on your job description<\/strong>. This will allow you to ask probing questions and get the best insight into the person\u2019s true personality and abilities. <\/p>\n\n\n\n Once you\u2019ve narrowed down your top choices, conduct thorough background checks. Call each one of the candidate\u2019s references and ask them how well they think the candidate aligns with each of the criteria you\u2019ve listed on your job description\u2014especially their values. Press them to be completely honest, even about the bad things. By the time you finish your background check, you should entirely trust the person you chose to hire.<\/p>\n\n\n\n Herold says the onboarding process should take roughly three months. Be sure to outline all the important benchmarks you want the COO to meet during this time\u2014for example, meeting with each of the department heads individually, completing the standard employee training, speaking with customers, and so on.<\/p>\n\n\n\n In the first month of onboarding, the COO should simply observe you and the organization<\/strong>. They should start to meet the other leaders in the company, sit in on meetings, and observe how everything works and fits together.<\/p>\n\n\n\n In the second month, the COO should start to look for opportunities to change aspects of the business to achieve the criteria in your outline<\/strong>. This may include altering systems, strategies, and even people in the organization.<\/p>\n\n\n\n In the third month, the COO can finally start executing on some of the changes they\u2019ve identified in month two.<\/strong> In doing so, they should map how they\u2019ll conduct these changes and in what order to ensure things go smoothly and that they\u2019re not taking on too much at once or causing unnecessary disruptions.<\/p>\n\n\n\n During the onboarding process, the COO and their direct reports should get well-acquainted with each other. <\/strong>To ensure clear communication and productive working relationships, the COO should learn about each person\u2019s personality, communication styles, work history, and so on. In the same vein, the COO should also share this information about themselves with their reports.<\/p>\n\n\n\nHow to Hire a COO<\/h2>\n\n\n\n
Step 1: Create the Job Description<\/h3>\n\n\n\n
Step 2: Start the Search<\/h3>\n\n\n\n
Step 3: Conduct Interviews<\/h3>\n\n\n\n
Step 4: Onboarding<\/h3>\n\n\n\n