News & Insights
Become A Fractional Executive
2nd December 2024
“Two roads diverged in a wood, and I—
I took the one less travelled by,
And that has made all the difference.”
- The Road Not Taken, Robert Frost
Poetic imagery aside, many senior executives are at a crossroads in their careers for various reasons, such as corporate retirement, organisational consolidation, job dissatisfaction, or a desire to work more flexibly.
They are ready for a change and want to stay engaged professionally without committing to a full-time, traditional structure. They don’t want the administrative and bureaucratic burdens of establishing a consultancy, a personal brand, and network outreach.
TMM Executive’s fractional executive service is designed to enable this kind of professional, connecting them with businesses looking for specialist support on a part-time basis.
We thoughtfully manage introductions, aligning executives with business challenges that precisely match their qualifications and expertise.
It’s appealing to employers because it is a cost-effective and agile way to manage resources. For instance, a small business does not require a full-time CFO, but having an expert finance advisor several days a month can have a transformative impact.
Flexibility
After years of full-time, demanding roles, many senior leaders desire more control over their schedules and the freedom to choose stimulating work that allows for other commitments, personal pursuits, and family time.
Splitting your working week between multiple different businesses on a part-time basis allows an executive to manage their own time and build a portfolio of work that can then be scaled up or down as required.
Depending on the business's needs, you can also work remotely, on-site, or in TMM’s Executive Hub at our office in Aberdeen’s west end.
Diverse, stimulating work
Fractional roles enable the opportunity to work across industries, tackling challenges and delivering high-value strategic input within a wide range of business types, including entrepreneurial start-ups and VC-backed enterprises. The diversity is stimulating, and often welcomed by leaders who have worked in a more restrictive corporate environment.
Diversity is further enhanced because fractional working is part-time, meaning professionals can work simultaneously for one, two, or more businesses.
Meaningful, long-term impact
Having spent your working life as part of a team, it’s natural to worry about how consequential your work will be and how connected you’ll feel to the people and business.
Lay your concerns aside.
Fractional executives immerse themselves in the day-to-day operations to comprehensively understand a business's nuances. They integrate and become part of the leadership team, wholly accountable for their role and responsibilities. For instance, a fractional CFO will make real-time decisions, implement plans, have people report to them, and create lasting change.
The highly skilled senior executives who take on fractional roles have decades of experience and learning to share. This can influence company culture and contribute to formal and informal mentoring that develops the next generation of leaders.
