Fractional Executives: A Growing Trend in the Business World

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Business And Economy Nouvelles

Fractional Executives,Remote Work,Startups

The rise of fractional executives, or professionals splitting their time between multiple companies, is reshaping how businesses access top talent. This trend is particularly beneficial for startups and businesses seeking flexibility and cost-effective solutions.

Jonathan Yapp divides his time between two or three startups at a time, working about eight to 20 hours a week each, as a fractional executive. This trend, driven by the normalization of remote work and the desire for more variety and flexibility, includes roles like CFO, CMO, COO, and CTO, benefiting both seasoned professionals and cash-strapped businesses looking to access top talent without a full-time commitment.

A LinkedIn search found over 110,000 individuals globally with English language profiles identified as fractional leaders as of early 2024, compared to 2,000 in 2022

 

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