- Vice President of Operations
- A senior executive responsible for overseeing day-to-day business operations, supply chain, process efficiency, and cross-functional execution.
- Reporting Structure
- The chain of command specifying who the VP of Operations reports to and which functions or teams report to them.
- KPI (Key Performance Indicator)
- A quantifiable metric used to evaluate how effectively a role or department is achieving its stated objectives.
- OKR (Objectives and Key Results)
- A goal-setting framework that pairs a qualitative objective with two to five measurable results used to track progress.
- EBITDA
- Earnings Before Interest, Taxes, Depreciation, and Amortization — a core financial metric VP of Operations candidates are typically expected to influence or manage.
- SLA (Service Level Agreement)
- A formal commitment defining the standard of service, response time, or output quality a function is expected to deliver.
- P&L Ownership
- Accountability for a profit-and-loss statement — a common expectation in VP of Operations roles, particularly in multi-unit or multi-division businesses.
- Cross-Functional Leadership
- The ability to coordinate and align teams across departments — finance, HR, sales, and product — without direct hierarchical authority over each.
- Scope of Role
- The defined boundaries of a position's authority, responsibilities, and accountabilities, typically documented in a job description.
- At-Will Employment
- An employment arrangement in most US states where either party may end the relationship at any time for any lawful reason — relevant when the job description is appended to an employment agreement.
- Job Leveling
- A systematic process for defining the seniority, scope, and compensation band of a role relative to other positions in the organization.