The document discusses the role of the Chief Operations Officer (COO) in an enterprise organization. It describes the COO as the CEO's problem solver who focuses on daily operations, optimizing performance, and managing risk. The COO owns the business model and vision and is responsible for implementing transformational projects. Typical COO backgrounds include operations director or finance director, and they tend to be senior members of the executive team. The COO manages a team of directors and is responsible for objectives like reducing costs, increasing efficiency, and supporting growth opportunities.