Fractional Cheif Operating Officer

You need a COO if:

  • You have no time to focus on planning

  • You’ve grown rapidly and can’t keep up

  • You need systems to scale efficiently

How a COO can help:

  • Vision Integration

    Operationalize strategic vision and provide the bridge vision to the rest of the organization.

  • Operations

    Free up resources by identifying waste, bottlenecks, or unnecessary work, and drive collaboration between key roles to improve organizational effectiveness.

  • Planning

    Work closely with key staff to create, implement, and roll out plans to improve operational processes and reach vision targets.

  • Metrics

    Create effective measurement tools and reports to evaluate overall performance and gauge the efficiency and effectiveness of the business systems.

What does a COO do?

Drive Growth

A Chief Operating Officer (COO) plays a critical role in an organization, overseeing strategic planning and implementing best operating practices. Regardless of the situation, whether the company is underperforming and needs immediate and significant changes, or if it's a growing business launching a new product, a fractional COO is equipped and prepared to lead the charge. With their expertise and experience, they can identify areas where improvements can be made, streamline processes, and drive efficiency. They work closely with other members of the leadership team to ensure alignment and collaborate on decision-making processes. Additionally, a fractional COO brings a fresh perspective and outside expertise to the table, offering insights and solutions that can propel the company forward. Their ability to adapt quickly and provide innovative solutions is crucial in today's rapidly changing business landscape. Ultimately, a fractional COO acts as a catalyst for transformation, helping businesses navigate challenges, capitalize on opportunities, and achieve sustainable growth.

Vision Execution

Part-time and fractional COOs bring years of experience overseeing projects from initial goal setting to final execution. They are skilled professionals who can effectively manage the operational aspects of your organization, ensuring smooth workflow and successful outcomes. The main distinction between a fractional COO and a traditional, full-time COO is the time commitment. While a full-time COO dedicates all their working hours to the role, a fractional COO works part-time, allowing for flexibility based on the specific needs of your organization. This could range from several hours per week for a short duration to a few hours per week stretched over several years. Regardless, the advantage is clear - accessing the expertise of a highly qualified operational leader at a fraction of the cost of hiring a full-time COO. With a fractional COO, your company can tap into their vast experience and insights in a cost-effective manner, helping you achieve your business goals and drive success.

Partnering with the Owner

A fractional COO plays a crucial role in supporting small business owners, as they possess the expertise and experience to establish and nurture a strong working relationship built on trust. Acting as the second-in-command, the Chief Operating Officer complements the owner's knowledge base and enhances their decision-making process. By guiding and aligning the entire team with the owner's vision, the COO ensures that the business moves forward cohesively and efficiently.

Implementing Best Practices

The addition of a part-time COO who approaches things from an outsider's perspective can truly revolutionize an existing team. By infusing a diverse skill set, this fractional COO has the power to upgrade the capabilities of the team, injecting fresh ideas into the organization's very core. Not only does this innovative approach lead to heightened productivity, but it also raises the bar when it comes to implementing industry best practices. Utilizing key performance indicator metrics, the fractional COO tackles all facets of the organization, from IT and marketing to sales and finance, resulting in exponential growth and enhanced performance across the board.

Frequently Asked Questions

  • Fractional COOs enter companies at every stage, from startups to established, and from distressed to rapid growth.

    My best clients are small business owners who feel the need to develop more leaders among their staff and more systems to ensure predictable execution.

  • A fractional COO may come on board for as little as 6 months to guide a specific project. Or the engagement could last much longer, with the fractional COO devoting a few hours each week to the company over the course of several years. It all depends on the needs of the organization. Each engagement is reviewed for renewal every 6 months.

  • An employee/employer relationship is never created, and the engagement is focused on a specific leadership assignment.

    Bringing on a Fractional COO is low risk with a standard 30-day cancellation clause.