Some typical duties of a Director of Operations are tracking income margins, monitoring productivity, strategic planning, financial forecasting and budget oversight. A manager in this position is responsible for administering an organization's operations, such as purchasing, sales and manufacturing, to help the company reach its growth and profitability goals. She also pinpoints ways to increase operational efficiency. She may also determine personnel staffing levels and set guidelines for recruitment, personnel evaluations and advancement.
In large corporations, the Director of Operations may hold the title Chief Operating Officer and work closely with the CEO and other top executives. This job typically requires an MBA, along with related work experience. Helpful training includes courses in international business, strategic cost management, and production and operations. In addition to her general knowledge of accounting, tax policy, organizational behavior, business management and macroeconomics, a Director of Operations may also specialize in certain areas such as health care, energy or supply chain management.
The U.S. Bureau of Labor Statistics forecasts job growth of 11 percent for top operations executives between 2012 and 2022. The bureau reports an average salary of $116,090 for operations managers as of May 2013, with higher wages for those in the financial sector and in research and development.