Interim and Fractional Executives
Let's Level Set Our Terms:
Executive - A very experienced person who has held a CxO position, near CxO position, or a high-paid specialist. Executives usually have experience in a variety of industries, organization types and sizes, and for organizations in growth, contraction, and stagnation modes. They usually have high decision making authority and a large span of influence and control.
Interim Executive - An executive who steps in temporarily, many times but not always full-time, to either handle a specific set of situations or provide a steady hand on the tiller until a permanent hire is made and brought up to speed. Interims sometimes end up going permanent if the fit is proven and other dimensions fall into place. Pay can be monthly, retainer, and in some cases performance based.
Fractional Executive - An executive who is available part-time, for a flexible amount of time spent and duration. Some fractionals help an organization for years, think about a CPA firm or outside council... They may evolve into a full-time or near full-time role if the organization requires it. Pay is usually retainer, sometimes daily, weekly, or hourly, and sometimes with equity.
Contact Us today to discuss your Interim, Fractional, or Permanent Executive needs, culture, and any other parameters.
How to take care of all this? |
Foundational Work for CxO, E/S/VP Operations, and Turnaround Executive
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Objective, Fast, Assessments and RecommendationsOperations, projects, markets, processes, and other types of assessments can quickly get to the core of improvement opportunities. From formal benchmarks to using our experience to fine-tune, we can drive your processes to best in class. We frequently review processes and people in all departments, across the nation or the globe, or just one team to help them form high-performance habits. Whether you want a comprehensive area by area or only a few key areas, we can jump in and generate actionable improvements or validate your current approaches. A few of the areas we have assessed and improved include Executive Compensation and Performance, Human Resources (HR), marketing and Sales, Partners, Manufacturing, Mergers and Acquisitions especially integration projects, Projects/PMOs/Program management, Learning and Development (usually a prime area for improvement), and more. We can step in and take over or just provide actionable recommendations for your staff to implement -- we can be there to guide implementations or provide a sounding board as your team grows into the new processes. |
Here is why to use an Interim and/or Fractional Executive
- Save time and money. Not every aspect of your organization needs high-powered focus that a professional brings. We can step in, perform the work needed, and scale back to an advisory or fractional role in weeks or months, not years.
- Architecture is not always needed... You can bring in a pro to turn things around, develop and hone best practice processes, and then train the people to maintain those processes at much lower cost.
- Get a fresh, objective Perspective fast, without a long-term commitment.
Contact Us today to discuss your Interim, Fractional, or Permanent Executive needs, culture, and any other parameters.