What is a fractional ceo?

A fractional CEO, also known as a part-time CEO, is a professional who provides leadership and strategic guidance to a company on a part-time or temporary basis. Fractional CEOs are typically experienced executives with a range of skills and expertise that can help a company navigate through challenges or accelerate growth.

Fractional CEOs can offer a cost-effective solution for companies that may not be able to afford a full-time CEO or that only require leadership support on a part-time basis. They can provide strategic planning, business development, operational oversight, and team leadership, among other services.

Fractional CEOs can work with a company for a specific project or for a set period of time, such as during a transition period or while the company searches for a permanent CEO. They may also serve as a mentor or advisor to the existing executive team.

Overall, fractional CEOs can provide valuable leadership and guidance to a company without the long-term commitment and cost associated with hiring a full-time CEO.