A rise in the frequency of freelancers has been a constant trend in the last five years. A recent study from 2020 to 2023 showed a 90% growth in the number of freelancers across the US—around 72.1 million Americans.
Besides an increase in the volume of freelancers, freelancing is proving to be a viable, high-earning, and sustainable career path. 4.6 million individuals are making over $100,000…
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Today’s job landscape enables a number of different working arrangements, from full time to part time to somewhere in between. One of the latest — and most lucrative — job trends is the concept of “fractional work.” According to Forbes, fractional work “refers to a work arrangement in which a person — usually a mid- to senior-level executive…
This article by Kathleen Harmeston was first published in People Management
Companies continue to lose key senior staff as a result of unprecedented economic pressures, rapid changes in technology and cultural shifts. Why are senior managers flocking? My recent observations in boardrooms boil down to the same old root causes:
Lack of a clear vision and strategy from the board, combined with…
SAN FRANCISCO, CA, Dec. 27, 2023 (GLOBE NEWSWIRE) — Recently, Highland Valley Digital has released a report on ‘Companies Leveraging EaaS to Build Sustainable Growth’. In the report, Digital transformational veteran details how companies can optimize their business by capitalizing on fractional executives to build sustainable growth. Companies not leveraging EaaS (Executive as…
The year 2023 marked a turning point, characterized by widespread layoffs that shattered the illusion of job security in large corporations. This scenario prompted a reevaluation of traditional employment models, catalyzing a growing trend toward independent work and entrepreneurship. A Forbes article titled “Goodbye Corporate: The Rise of the Independent Worker” by Goldie Chan…
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Imagine your CTO or COO steps down, who is your company gonna call? Not the Ghostbusters. But you can call a fractional exec.
Fractional executives are essentially freelance business leaders. They’re hired on a temporary basis to advise on initiatives such as product launches or restructuring plans, or to fill leadership gaps while HR searches for full-time…
In this article published in Forbes, Christine Pilkington, the CEO and founder of Crisp, a fractional CMO and contract marketing services firm, highlights the emerging trend of fractional employment, especially in leadership roles. This concept, first noticed by Pilkington in 2015, involves businesses hiring professionals for a specific portion of their time, typically on a contract basis, rather…
In recent years, the landscape of work has experienced a significant shift. As we approach 2024, a growing trend emerges in the business world, particularly among successful startup executives. Many of these high-level professionals are choosing to work as consultants before taking on their next full-time role. This arrangement is proving beneficial for both the executives, who gain valuable…
Forbes has a new article on the benefits of Fractional employment by Cheryl Robinson. She covers how the evolving workforce landscape has seen a significant shift towards fractional employment, a model that’s reshaping industries and impacting the economy. Here’s a breakdown of key insights and trends highlighted in the article:
Growth of Fractional Work: Traditional full-time…
In his article “A Glimpse into Tomorrow’s Technology Leadership” Giles Lindsay offers an insightful exploration into the evolving roles of Chief Technology Officers (CTOs) amidst the backdrop of rapid technological advancements and organizational growth. It underscores the critical nature of understanding the transformation of technology leadership roles – Permanent, Interim…
