"A fractional COLO is a senior-level executive, chief online learning officer, who embeds within an institution on a part-time basis, providing executive-level expertise without the full-time commitment. This service is particularly well suited for small to midsize universities that recognize the need to invest in online learning but lack the start-up capital for a full-time executive position, which can be quite expensive when you factor in salary and benefits at the senior level."
"Many institutions approach fractional COLO services because they need to see a return on investment before making larger commitments. Building online learning programs requires significant up-front investment, and schools don't always see returns in the first year. Essentially, many schools know they need to make the investment in online learning leadership, but they can't commit to a full-time hire right out of the gate."
A fractional COLO is a senior executive who embeds within an institution on a part-time basis to provide executive-level online learning leadership without a full-time commitment. This model suits small to midsize universities that need online program leadership but lack start-up capital for a senior full-time hire including salary and benefits. Institutions often prefer fractional engagement when they need to see return on investment before making larger commitments because building online programs requires substantial up-front costs and may not yield returns in the first year. A fractional COLO enables institutions to begin program development with expert guidance while revenues are built to support a future full-time hire.
Read at Inside Higher Ed | Higher Education News, Events and Jobs
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