The Growing Trend of Part-Time Executives

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Welcome to the HBR Idea Cast from Harvard Business Review. I'm Kurt Nickish. Imagine this. You're leading a small organization. But you're struggling to recruit and frankly afford the senior talent you need to grow. What can you do?

Today's guests propose an innovative solution that's picking up momentum. It's called fractional leadership. If you're not familiar with this idea, it's where leaders who might otherwise serve as full-time C-suite executives instead offer their skill to multiple organizations. They dedicate only a fraction of their time, a portion of their time, to each one. Can't afford a chief marketing officer or don't need one full time? Hire a part time one. But how do you know if this approach is right for your company? What challenges do you need to anticipate to get the most out of working with a fractional executive?

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