Is business management “ops”?

I just realized I don’t fully understand what ops is. I always thought of it as the team that settles trades, etc… 

Like at a BB - are these roles considered “ops”?

  • business strategy / management
  • office of the COO/CEO
  • chief of staff type roles
  • client analytics

Aka the teams that actually run the business side of things? 

Is this what comes to mind when you think of ops? These roles seem pretty awesome honestly.

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