Bringing on seasoned leaders in “fractional” roles can help companies gain expertise without the expense and commitment of a full-time hire.
These leaders, who typically have 20 to 30 years of experience, blend strategic and functional leadership with a hands-on approach, and they offer their skills to multiple organizations, typically startups or small and medium-sized enterprises. The arrangement enables organizations to benefit from senior leadership without the expense and commitment of a full-time hire, and it allows senior executives both career flexibility and stability.