In many cases, especially for companies with less than nine-figure annual revenues, fractional leaders are sufficient for what they need. This approach helps manage risk effectively.
A whole cottage industry surrounds these roles: agencies and consultancies are ready to help CEOs make shrewder, more precise hiring decisions than before.
The demand for fractional executives has rapidly grown since the pandemic, indicating a major shift in corporate hiring practices across various industries.
What started as a solution for companies needing a CMO has expanded to include fractional CFOs, CIOs, and other leadership roles across organizations.
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