What is Fractional Integrating?
Fractional integrating is an approach to company management that involves hiring part-time executives or specialists to fulfill specific roles within an organization. It is seen as very cost efficient, gives access to a diverse skill set and gives access to scalability.
Ideally, fractional integrating allows businesses to adapt quickly to changes and scale up or down as needed. As organizations grow and evolve, their management needs may change, and fractional integrating accommodates these fluctuations by adjusting the required support level from specialists.
What are the Challenges with Fractional Integrating?
It all starts with expectations. The Owner / CEO has certain expectations that they want an integrator to meet. The integrator has certain expectations on how to do their job.
It is therefore essential to clearly define what the pain points in the hiring company are and what the main focus for the integrator should be. The Function Ownership Chart™ can be an invaluable tool here, as it…