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A fractional executive is a long-term, highly experienced, and often specialized professional who is hired by a company on a part-time or project basis to fulfill executive-level roles and responsibilities. Fractional executives, who can exist across all functions (i.e., CMO, CFO, CHRO, COO, etc.) work on a fractional or shared basis typically dividing their time between multiple client organizations.
A fractional executive is not a consultant, not an advisor, and not an interim person. This person is often brought in to help fill leadership gaps or leverage external experience in a new phase of the company’s growth.
The primary role of a fractional executive is to provide strategic guidance and leadership expertise to an organization. They work closely with the company's management/leadership team and stakeholders to understand the business's goals, challenges, and opportunities. They bring their industry knowledge, experience, and skills to address specific business needs and drive positive outcomes. Fractional executives may take on various roles such as CEO, COO, CAO, CFO, CMO, CTO, or other executive positions, depending on the specific requirements of the client organization.
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