Fractional Chief of Staff & Integrator for Companies Running on EOS®
The Fractional Business Case
A fractional hire could be a high speed, low drag option to push your business forward. Here's why.
3 Reasons It Makes Sense
Cost Effective Expertise
Access to an executive resource without the full time costs. Startups and SMB's can delay committing to an FTE in the role but still have a guide to help identify and action plan the priorities, avoiding a full time salary, incentive compensation, payroll taxes and benefits costs.
Integration
A fractional resource is a part of the leadership team, working on a part time basis and often acts as a proxy for the principal, with decision making ability. The relationship is often long term.
Broader Scope
Unlike a consultant who is brought in on a project basis, a fractional leader assists in strategic planning, has oversight of operations and project execution, and assists with talent decisions and development.
Comparing Part Time Hires
A side by side of the differences
Contractor
Project based work.
Operates as an external resource.
Provides a specific deliverable.
Engaged until deliverable is complete.
No other involvement with the business outside of the specific project.
Consultant
Strategic project work.
Operates as an external resource. Provides insights and expertise to organizational leaders on a specific focal area.
Engaged full time for a fixed period of time.
Not integrated into the rest of the business.
Fractional Leader
Strategic leader.
Integrated into the leadership team.
Provides insights and expertise to the CEO on a range of areas.
Engaged part time and relationship is often long term.
Empowered by the CEO with decision making and functional oversight responsibilities.