Skip to main content

Rerouting Success with Interim Leadership

 


Each day, we are placed in a box of yet another personality type, yet another social class, yet another body type, and so on. It’s almost as if people have stopped believing that there is a possibility of being it all or being anything else other than what has been established. Like there is an adage that a misfit becomes a failure or a rebel. "Jack of all trades but a master of none",  is all we remember from the quote, and we forget that it is still better than a master of one.

While other divisions may develop discreetly, the most evident is segregation based on professional success, which is defined by society only on the basis of materialism and other superficial factors. There are also several additional factors, such as the age at which a person should be successful, the type of assets a person should own, the years of sustenance and advancement, and so on. But, at such a young age, is mainstream commercial success the only success that matters?

Success Is a By-product of Experience

Many leaders, professionals, artists, and athletes have found success much later in life. Consider the case of Ashish Nehra, an Indian cricketer who had never been a captain or had any substantial major league head coaching experience before becoming the head coach of the Gujarat Titans, a brand-new club that won the IPL this season.

Another instance that immediately comes to mind is that of Pravin Tambe, the player who made an IPL debut at the age of 41 without having played any professional cricket before. Didn't real talent get showcased right there?  

We now see a lot of YouTubers in their 60s and 70s who started their channels and finally got successful at that age. Imagine what it would be like to cherish all of the knowledge gained over years of experience, ability, and expertise for the benefit of an organization.

The Answer Lies in Interim Leadership

Volta Inc. announced in April that its Board of Directors has appointed Brandt Hastings, the company's Chief Revenue Officer, as interim CEO. Since joining Volta in 2020, Brandt has led the company's strong revenue growth and significantly expanded the company's site partner relationships. He now leads Volta's advertising and charging solutions businesses, which deliver measurable impact to top international brands, agency partners, commercial properties, and retail locations.

In this scenario, the organization recognized Mr. Hastings' expertise and understood how significant he has been in building on Volta's success, so they trusted him to take over as their interim leader. Mr. Hastings' expertise helped him build an impressive track record in delivering growth for companies and their stakeholders, and his two decades of experience building innovative business models and driving transformational growth for global companies such as iHeartMedia and Clear Channel Communications played a huge part in his appointment. 

It's about time for us to take advantage of what senior experts have to offer our businesses. Most individuals think they can't afford C-suite level experts since their firms are either start-ups or mid-sized, but the concept of interim leaders is proving to be innovative in today's environment. Because of the benefits of flexibility and exposure, an increasing number of experts are considering short-term senior leadership roles. This approach is advantageous not only to experts but also to companies that want to expand with the support of professionals in a short amount of time and with little resources.

Let's avoid defining success in a few words and instead consider the potential of people who are everything or nothing like anybody else we've ever seen. COHIRE brings us to one such concept that not only benefits organizations and experts but also broadens people's perspectives on senior experts. This approach enables businesses to incorporate interim CXOs for a set length of time. The interim CXO then implements the required modifications and initiatives while keeping the organization's long-term goals in mind. It is a significant opportunity for all stakeholders to capitalize on a notion that is both distinctive and viable.

Wish to know more? COHIRE is just a click away


Labels:

Comments

Post a Comment

Popular posts from this blog

Why is digital marketing important for Medium and Small Enterprises ?

One of the key differentiators of the success of a business is the number of customers that it can reach as more customers mean more sales volume.   One of the technological innovations that helps a business in this direction is digital marketing . It is indeed a boon for MSMEs as it lets you reach your target audience with ease, simplicity and at very low cost. Cost is always a concern for most MSMEs. Why would anyone not want to use the power of the internet with over 3 billion users to further the cause of their own business? But it is a fact that deploying digital marketing for their own benefit seems a herculean task for many MSMEs as they feel that they are not adept nor attuned for the digital world, they also tend to think that they will not reach their target market or they simply do not have adequate information, lack sufficient human resource and tools to manage the digital world. Here is where organisations like Outsourced CMO can help these MSMEs bridge ...
132 comments
Read more

SHARING IS CARING !..... EVEN FOR STARTUPS !

The Shared Economy Concept, at its core, is based on the most efficient use of money and resources. In the era of start-ups, gathering the resources is the most challenging aspect of any start-up. The broader vision of the founders of a start-up need to be simplified into micro plans so as to achieve the objective initially set. These micro plans focus on the resource requirements of the start –up. By resource requirement we mean all the tangible and intangible forces which are needed to build up the venture. It includes manpower requirements, space requirements and funding to name a few. Since the funds available to a start-up are usually limited, manpower planning plays a crucial role. An essential ingredient to effective leadership is to manage the resources efficiently. As the funds are limited, resource sharing can play an important role in the success of the venture. The technological advancement across all industries today makes resource sharing a very convenient and appropri...
1 comment
Read more

Why should Startups look at unsuccessful entrepreneurs as business mentors?

Entrepreneurs, particularly startup entrepreneurs are risk takers. We do not conform to the norms of safe play but are always on the lookout to push the boundary of trade and commerce to develop new opportunities and markets sometimes even where none exist. We know that failure is the stepping stone to success and are not deterred by our own failures but press on towards our goal with single minded determination and take the help of people who have got the experience and calibre to help us. So why is it that we do not even think of taking the help of people who have done it and seen it all but were unable to achieve their goal . Yes we are talking about unsuccessful entrepreneurs! Anyone who embarks on the entrepreneurial journey dreams of his startup achieving great heights in the days to come but the unsavoury reality is that 90% of startups in India fail within the first 5 years. They fail not because of want of dedication, effort or enthusiasm but despi...
11 comments
Read more