As an entrepreneur or business owner, it can be difficult to execute your objectives and scale up to the next level. Hiring qualified talent can be overwhelming and expensive. Fortunately, a fractional COO is a great way to achieve success. A fractional COO is a director of operations who works for your company on a part-time or temporary basis, offering executive-level guidance, experience and leadership to help you avoid obstacles in your business model and ensure that you are on the right strategic and operational path.
The primary responsibility of a fractional operations manager is to run the company better than when they joined it and to manage all operational issues so that you can focus on your long-term business objectives. By hiring a fractional leader and making them part of your leadership team, you'll be able to accelerate your ability to overcome the limits that prevent you from paying a fraction of what it costs to hire someone like that full time. A fractional COO can take over the daily operations of your company, giving you more time to focus on the big picture. They can help you interview full-time operations director candidates, collaborate with you on the hiring process, and then transfer a new chief operating officer to the position.
They'll also help develop systems and processes that can scale with your business, as well as manage growth and ensure that marketing or sales initiatives are generating the desired level of performance. Ultimately, a fractional COO is there to offer you executive-level guidance, experience and leadership to help you avoid obstacles in your business model and ensure that you are on the right strategic and operational path to achieve maximum development. If you've decided that hiring a fractional chief operating officer is the next step for your company, start with the end in mind. A fractional operations manager can be the best and most undervalued investment decision CEOs can make for their business.
Investing in a fractional COO will unlock your company's potential and help you reach new heights.