The Power of Fractional Leadership
Modern leadership teams are structured differently. Fractional leadership is not new, but in a competitive, quickly evolving market agility, expertise and efficiency can make the difference. Not every management gap requires 40+ hours a week, swipe through for our perspective on the value of fractional leadership.
Why do companies hire fractional executives?
1 — Speed
Fractional execs allow for faster deployment based on quick on-boarding processes. This allows companies to address urgent strategic & operational issues without the long, complex hiring cycles.
2 — Specialization
Expertise is foundational to any fractional leader’s service offering.
Leveraging contract-based work allows companies to take a targeted approach that taps experience on demand.
3 — Flexibility
When leaders work with businesses on a fractional basis, they have the potential to scale their involvement up or down based on project demands and business needs.
4 — Cost
Fractional executives are paid for the hours / days they work which creates a built-in cost reduction in contrast to full-time, salaried team members.
Benefits, bonuses and other administrative costs & commitments associated with full time employees also create an opportunity for businesses to reduce overhead by engaging fractional leaders.
Bridging a Gap
Fractional leadership isn’t for everyone. But when there’s a fit, fractional leaders can amplify existing leadership competencies, create a high-impact at a lower cost and drive outcomes with speed and agility.
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