There are several reasons why business leaders engage a Fractional / Interim COO.
You have a long-term project but not the internal bandwidth or skill set to lead and complete it.
You have technical subject matter experts, but lack the culture builder required for true operational success.
You are a true visionary, but need an integrator to execute on your vision.
You recognise that you don’t know what you don’t know, and need mentorship to help you navigate your blindspots.
When does it make sense to hire a Fractional / Interim COO?
When you know you’re lacking at the senior level, but don’t have the resources for a full-time executive.
When your business is going through a major transition and you need a change agent on your team.
When you’re navigating unfamiliar territory (ie. acquiring a new business; launching into a new market) and have more questions than answers.
When you’re actively recruiting for a full-time COO and need a senior level solution while you search for the ideal candidate.
When you’re executing on a business exit strategy and need temporary leadership.