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Showing posts with the label outsourced CXO

Redefining Leadership: Impact of the Fractional CxO Model

  In today's world of corporate leadership, the Fractional CxO model is emerging as a significant trend. This innovative approach to executive roles redefines what it means to lead in the modern business world.   A Shift Towards Flexibility The traditional model of a full-time, office-bound C-suite executive is being challenged. Today's dynamic business environment demands agility and adaptability, qualities the Fractional CxO model embodies. This model allows executives to work in a part-time or project-based capacity. It's a shift that responds to changing market needs and aligns with modern leaders' personal and professional aspirations.   Gartner's 2020 Future of Work Trends Post-COVID-19 : This study predicted a significant increase in remote work. It found that 48% of employees would likely work remotely at least part of the time post-COVID-19, compared to 30% pre-pandemic. This shift supports the feasibility of Flexi CxO roles as remote work becomes mo...

The Rise of Flexi CXOs: Transforming Leadership in the Indian Business Market

  In the ever-evolving realm of global enterprises, a new wave of leadership- Flexi CXOs - is reshaping the traditional corporate landscape in India. This ground-breaking concept, now embraced across the US and Europe, is not just a fleeting trend but a transformative force challenging conventional norms.    Today, we dive into the intricacies of how Flexi CXOs are reshaping the Indian business landscape, drawing insights from global success stories and examining the profound impact on innovation, finance, human resources, and operational strategies.     Forbes Research     According to Forbes research, over 500 CxOs believe technology will drive resilience and future competitive advantage and be essential for better understanding and serving customers.    In the Forbes CxO Growth Survey 3.0, over 500 global C-Suite executives directly looked at how CxOs focus on digital transformation to meet customer needs better.    While CI...

Challenges and Significance of Multigenerational Workforces in Modern Business

  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...

Your One-Stop Solution to engage with Fractional CXOs

  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...

Gig CXO experts – push your growth trajectory

  A Gig CXO offers his/her services to several companies in  Gig/ assignment-based   roles. Corporations are looking for specialists to consider a job done quickly, by an expert and most significantly, at reduced costs as the Gig CXO concept slowly gains traction. Corporations are beginning to prefer a specialist over a full-time role in some industries like Fintech, EdTech, construction, digitization, and regulatory approvals. Young companies, start-ups, and consulting firms are now hiring experts-on-demand, or Gig CXO professionals, who are typically in their late 40s, extremely experienced, and highly skilled. During the pandemic, when many tech companies opted to expand their management upwards, the idea of a gig CXO or temporary CXO quickly gained traction. A Gig CXO is typically in his second professional innings with extensive professional experience, doesn't get bogged down by titles, and works as a pro fessional coordinator or consultant. Chief executives hav...

Over and Above Mainstream Commercial Success – The Perspective of Gig CXO

  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 ...

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-...

Ethical Moonlighting: The Future Of Professional Workforce

  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...