The video discussion focuses on the concept of “Fractional Executives,” a hot topic in the business world. The host, Gimmarushka, is joined by four experts in the field.
– A Fractional Executive is defined as someone who offers management and executive leadership services on a part-time basis. They are different from freelancers or consultants as they are more deeply involved in the projects and bring their network and expertise to the table.
– The panelists discuss the flexibility and benefits of being a Fractional Executive. They can choose the number of clients and hours they work, allowing them to pursue other interests or roles. However, managing more than four clients can be challenging due to the mental bandwidth required.
– The transition from a corporate role to a Fractional Executive role involves a learning curve. Networking, personal branding, and community building are essential for success. Marketplaces and LinkedIn are common platforms to find such roles.
– The panelists also touch on the importance of setting clear goals and metrics when engaging with a Fractional Executive. Asynchronous communication is highlighted as a crucial element for both the companies and the Fractional Executives to allow for deep, focused work.