Fractional hiring is one of the hottest workforce trends right now.
Following the pandemic, heavy adoption of remote-working technologies, and the increased demand on businesses to be able to pivot and adapt much faster to shifting market forces, companies are now able to look much further afield to find the talent they need to move their business forward - a fractional executive might just be the answer for companies under time or resource constraints, who can’t afford to lose the leadership required to move an organization through change.
What is a fractional executive?
Fractional executives are a cost-effective way to access the expertise and experience of highly skilled seasoned professionals on demand or part-time.
The term “fractional” refers to the time an executive works with a company or on specific projects. Organizations hire fractional executives to help them with restructuring efforts, launch new products and services, or fill in as interim leadership while searching for a full-time executive.
Fractional executives are different from consultants in how they take on executive and leadership roles by implementing, managing, and leading organizational change with direct reports. Traditionally consultants don’t have executive power or authority. Fractional executives have backgrounds working as C-level executives, for example, CTOs, directors, and leaders with proven track records showing company growth.1
Why hire a fractional executive?
Using Talmix to find Fractional Executives
Fractional executives are not replacing traditional C-level positions but complementing them and contributing to a more agile workforce. The fractional executive model allows companies to tap into a global pool of leaders with diverse backgrounds who can help them grow their businesses.
Where to find that talent pool? Talmix. Access our global marketplace to find on-demand executive talent for interim, fractional, advisory, project-based or board roles today.
Hiring a fractional executive can be the solution to help your company grow when dedicated executive talent is needed. They reduce costs, scale growth, and provide fresh ideas and support as seasoned experts. Start your journey here.