Fractional CXOs stand at the forefront of revolutionizing the agile and dynamic fractional economy, introducing innovative approaches that elevate its status and impact. Through strategic collaboration, flexible leadership models, and pioneering talent acquisition strategies, fractional executives are reshaping the future of work. Let's delve into how fractional leadership is poised to transform businesses and industries alike. Advantages of Fractional Leadership Fractional CXOs have the potential to revolutionize this agile and dynamic fractional economy by introducing innovative approaches that elevate its status and impact. Here are different ways in which a fractional CXO elevates an organization:   -       Strategic Collaboration Partnerships and communities   Working with specialized executives on strategic projects fosters dynamic partnerships that leverage diverse skills and expertise. Creating interconnected leadership communit...

  One of the most captivating narratives of today's dynamic business arena unfolds as multigenerational perspectives and values converge within a workplace. The interplay between Baby Boomers, Generation X, Millennials, and the newest Generation Z has allowed this cross-generational tapestry that offers immense opportunities and daunting challenges for organizations and the workplace.    Managing multigenerational workforces sounds just as formidable as it pans out to be. With these different generations working alongside each other, each cohort must be willing to adapt their strategies to harness the strengths of the others.    Understanding the multigenerational workforce requires you to understand the generations at play. Baby Boomers, born 1946-1964, bring immense experience, leadership, and strong work ethics, but might come with limited technological proficiency. Generation X, born 1965-1980, often require work autonomy and is celebrated for adapta...

  Organizations strive to remain competitive and adaptable in a world of rapid change. The role of supervisors becomes even more vital when firms strive for expansion and change. Enter CoHire, a trailblazing platform whose ground-breaking Fractional CxO idea has revolutionized how businesses acquire top-level executive experience. This piece explores how CoHire is the ideal partner for onboarding fractional CXOs who will successfully move your company forward. Topics covered:  The Rise of Fractional or Flexi CXOs Unveiling the Flexi CxO: Who They Are and What They Bring Benefits for Organizations and Flexi CxOs Introducing CoHire: Revolutionizing Executive Onboarding Conclusion   The Rise of Fractional CXOs The traditional idea of having full-time, permanent leaders at the top of an organization is changing. Fractional CXOs are more common than before the gig economy took off, and the demand for specialized talents increased. These exper...

  Flexible engagement can be a great way to change up your career and give you a new sense of motivation - but is it the right move for you?   It's essential to understand what flexi engagement means to you specifically. The fact is that for different people depending on the stage of life they are in, this varies. For some it could mean freedom in their physical space, for others it could be creative freedom. For others just the fact that no one restricts you or your thought process.    According to the google definition - A flexible work arrangement (FWA) empowers an employee to choose what time they begin to work, where to work, and when they will stop working. The idea is to help manage work-life balance, and benefits of flexibility can include reduced employee stress and increased overall job satisfaction.       However, flexi-engagement is also when experts work on a project-based approach. They give their time and specialized skills to dif...

  Time bound responsibility Immense authority entails great responsibility. This is because followers are far more inclined to trust a leader who has exhibited certain abilities to lead them and get through obstacles whenever and wherever they may emerge. In the circumstance, it is expected of a leader to be the most proficient at solving issues swiftly. Introducing a role of an expert on demand can benefit organizations much, and Gig CXOs will benefit from the freedom, adaptability, exposure, and authority that comes with it. The challenging element is managing people and time. Time is always a constraint on an organization since without it, all of its procedures would be rendered useless while an interim leader has to enhance processes & innovate within a short period of time whilst maintaining the current cycle of an organization. Understand organizations and people   As hectic as it may sound, an interim leader, above it all is expected to manage resources well in ...

  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-...

  Picture this scenario if you can: you are running a relatively young company in a fiercely competitive marketplace where the norm is feverish change. Suddenly, in the midst of a firestorm, your CEO leaves you or even worse you are having to ask him to go. Where does that leave your organization? To even mature organizations, such sudden exits can be deeply unsettling. For smaller businesses it may be a death blow.  Take Twitter for instance which, even before Elon Musk, has not been a stranger to leadership upheavals. When CEO Dick Colosto left the engine room of the microblogging giant on a short 2-week notice, he left a potentially disruptive vacuum at the top. Only, it’s founder Jack Dorsey by taking over as “interim CEO” ensured that Twitter absorbed the shock without so much as a twitch of a muscle.   From behemoths like Twitter to small startups all across the world, Interim CEOs or CXO’s have helped steer businesses through the rough waters of turbulent ...

  The news is abuzz with leading dailies reporting about employees that have been moonlighting, or ‘two-timing’ their employers, so to speak, after it came out that a Noida-based IT employee was working for as many as 7 different organizations—at the same time! In fact, a study by ResumeBuilder.com states, 69% of remote workers have a second job; 37% of them have a second full-time job while 32% have a side hustle. From running an independent small business to picking up contract-based work from multiple organizations, one job no longer seems to be enough for a majority of the workforce in 2022. Technically Speaking, What Is Moonlighting? You know that clause in your employment contract that prohibits you from working with another company, part-time or full-time? Moonlighting breaks this very clause. Moonlighting basically means you have a ‘second job’ or are gainfully employed by more than one company at the same time. Usually the second job is done after hours, ie, at night...

Main Reasons why corporates are preferring working with expert-on demand leading to a major transition in the talent acquisition economy. According to a news report published in Economic Times, there is a 50-100% growth in demand for top-level management and senior executives in the field of technology, e-commerce, pharmaceuticals, life sciences, manufacturing and industrials. Etc. Moreover IT firms, banks and private equity payers, unicorns and nascent entrepreneurial start-ups, almost everyone is in the process of hiring the top-level managers, say the top-notch talent acquisition consultancies. In a usual scenario, when the hiring is going on aggressively, the shortage of the right kind of candidate, compels organizations to pay higher compensations. Whereas in a gig culture, corporates get a chance to work with CXO on an assignment basis for a pre-defined period, avail specialized services with reduced liability and cost. As per the new trend, many business organizations are dive...

  The new-normal of expertise demand; why is GigCXO economy a fantastic choice for both companies and individuals. “….. I submit my resignation. Thank you. Regards, Ranab”   Typed Ranab as he gazed into his screen, with his mind racing through different business plans of his own. He has 18 plus years of experience with Pre-sales, Business Analysis and Marketing. But with the rising pressures of Pandemic, the unending lockdown woes, the vacant office buildings that eerily stared at passers-by, Ranab took a major decision. He decided to quit, not working but quitting corporate life. The work-from-home model was not as comfortable as portrayed. With the extended calls over the nights and the weekends, he felt blinded by a wall of work, totally cut-off from social life with zero freedom of time. It had allowed him to ponder over his career path and look back upon the vast domain experience he garnered over the years. Yet, there he was, logging in and out mechanically, ev...