In this YouTube video from a few years ago, Darrel Raynor discusses the benefits of hiring a Fractional Executive CxO, which allows companies to have high-level expertise without the full-time cost and commitment.
– Fractional Executives are usually retained to provide specialized advice, step into direct leadership roles, and handle managerial responsibilities like performance reviews.
– Being part-time, these executives won’t overwhelm your staff and can adapt to various schedules, whether a few times a week or half-days, and can work remotely or on-site.
– Fractional Executives are ideal for organizations growing into the need for high-level positions like CEOs or CIOs, offering a “try before you buy” approach.
– Typically engaged on a retainer basis for a minimum of three months, Fractional Executives provide not just their time but also their expertise and network to help your organization succeed.