Why More Companies Are Using Fractional Executives (And Should You?) - 435
Release Date: 02/18/2025
Find My Catalyst Podcast
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info_outlineTim Dyck is an expert in HR and recruiting, specializing in fractional leadership—a growing approach that helps organizations get high-level expertise without committing to full-time hires. As the founder of Best Culture Solutions, Tim provides fractional HR services to help businesses build strong teams efficiently.
Mike Simmons, host of Find Your Catalyst, is a leader in revenue growth and business strategy, guiding organizations to achieve operational excellence through fractional leadership and strategic execution.
Top 3 Quotes:
- "Fractional leadership isn’t new—it’s just getting a name. Leaders have been doing this for years without calling it 'fractional.'"
- "The goal isn’t to stay forever—it’s to create movement and momentum, then step away so the business can thrive without you."
- "If you’re struggling with leadership, operations, revenue, or execution, you don’t need to struggle—there are operators who can help."
Fractional leadership is gaining traction as a powerful way for businesses to get high-level expertise without long-term commitments. Tim Dyck and Mike Simmons break down what fractional leadership is, why it matters, and how it can be applied effectively. They discuss different fractional models, success strategies, and the key to finding the right fit.
5 Key Takeaways:
1️⃣ What is Fractional Leadership?
- Fractional leadership allows businesses to hire experienced leaders for specific needs without full-time costs.
- It has existed for years under different names, such as consulting or contract leadership.
- The right fractional fit depends on the business's goals, structure, and existing team.
2️⃣ Why Companies Choose Fractional Leaders
- Small businesses benefit from executive expertise without hiring a full-time executive.
- Startups and scaling companies use fractional roles to fill gaps until they can hire full-time.
- Fractional leaders bring fresh insights and cross-industry experience, accelerating growth.
3️⃣ The Different Models of Fractional Work
- Some fractional leaders work hourly, while others charge per project or outcome.
- The best model depends on the business’s needs—operational execution vs. strategic guidance.
- A good fractional leader integrates into the organization while maintaining independence.
4️⃣ How to Find the Right Fractional Leader
- Leaders should assess their organization’s specific needs before hiring fractionally.
- A clear scope of work ensures alignment and success in fractional engagements.
- Businesses must avoid hiring a fractional leader just to “fill a gap” without a clear strategy.
5️⃣ The Leadership Mindset in Fractional Roles
- The best fractional leaders set up systems and processes to succeed without them.
- Success isn’t about staying long-term—it’s about enabling the organization to move forward.
- Strong communication and alignment with the company’s goals drive the best results.
Resources & Links:
📌 Take the Fractional Readiness Assessment: https://FindMyCatalyst.com/fractional
📌 Learn more about Best Culture Solutions: bestculturesolutions.ca
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