Is fractional for you? 1/3: A new paradigm
You may have heard of the term fractional leadership, but what does it actually mean? And even more importantly, what impact is it having on businesses and how is it different from more traditional ways of engaging highly experienced talent?
Well, it’s not quite consulting, not quite interim management, not quite advisory, and not quite freelancing… so what actually is it?? 🤔
So, what is fractional leadership?
Fractional leadership is a management approach where a business hires a part-time executive or leader to oversee a specific function or initiative. They may work on a specific project, such as launching a new product or service, or they may focus on longer-term goals, such as improving company culture or expanding into new markets. It could also be referred to as part-time leadership.
Fractional leaders typically operate at various leadership levels from Head of to Executive, and take on the respective leadership titles from their relevant function/specialism. For example, we see fractional marketing execs (ƒCMO), financial officers (ƒCFO), and product leaders (ƒCPO).
Fractional leaders are experienced professionals who work with one or more businesses at a time, for a defined number of days per month each. They could be focusing on…
