Instead of employing a senior executive full-time (and paying the six-figure salary, benefits, and overheads that come with it), companies can engage that executive for a “fraction” of their time.
Fractional executives typically work with several businesses at once, bringing:
- Depth of expertise gained across industries and contexts.
- Fresh perspectives by applying lessons from one sector to another.
- Cost efficiency, since clients pay only for the portion of time they need.
- Flexibility, allowing engagement to scale up or down depending on business cycles.