Fractional COO: what it is and when you need one
Not every business needs a full-time COO. Many need a fractional COO: experienced operations leadership, part-time.
A fractional COO is a senior operations executive who works with your business a few days a month instead of on a full salary. You get the experience of a COO without the cost of a permanent hire.
What they actually do
- Put a system into daily operations.
- Define roles, processes and metrics.
- Unblock bottlenecks between departments.
- Make the business less dependent on the owner.
When you need one
- The owner is buried in day-to-day work with no time for strategy.
- The business is growing faster than its organisation.
- There are constant errors, delays and gaps in accountability.
- A full-time COO is not yet justified.
Versus a full-time COO or a plain consultant
A consultant usually recommends. A fractional COO steps in and executes, owning the outcome, at a cost an SME can carry.
Need system in your operations? See the Operations Oversight service or book an intro.