NEW! Fractional CMO
We've just added Samantha Liss to the Trajectify team. Sam is a marketing and business leader with over 25 years of experience building and leading high-performing marketing teams to create growth through integrated marketing strategies across e-commerce, technology-based, contentand service brands.
Has your company grown to need additional leadership, yet you’re not sure about, or ready to hire another?
Leadership development and coaching relationships can evolve into additional ways in which we work with a client. Sometimes, it’s an interim executive engagement.
An interim executive temporarily takes a management position in an organization to help the existing leadership solve problems and set the future, permanent leader up for success.
Our executives bring expertise in:
OPERATIONS (COO)
STRATEGY (CSO)
PEOPLE (CPO)
FINANCE (CFO)
PRODUCT (CPO)
MARKETING (CMO)
Knowing whether an interim executive is right for your organization depends on your current needs and your assumptions about the future.
We particularly enjoy our interim executive work and thought we’d share more about it. Here’s what you need to know about what an interim executive does and how they might help your company.
why hire an interim executive
There are dozens of reasons an organization might choose to hire an interim executive. Here are a few of the most common:
- Your cash flow isn’t strong enough to hire a permanent executive. Your profitability isn’t growing as fast as your revenues. Maybe they’re both flat. You can’t afford a full-time, permanent executive right now.
- You don’t need a full-time, permanent executive yet. You’re still relatively small. You may need some additional strength or support in an area — just not ready for a permanent or full-time hire.
- You want to test out the concept first. You might be ready for a permanent executive. Or maybe not? You want to try growing your leadership team or increase the depth of a certain expertise before you commit.
- You need deep experience now, temporarily. You’re in a hole right now that you need to get out of. Or you have a particular goal — like seeking investment — that you need to achieve. That need probably won’t last long-term though.
- There’s too much uncertainty to hire someone permanently. You’ve looked at the scenarios and assessed the risks. You’re still too uncertain about your assumptions to feel comfortable making a long-term hire.
- You want to focus on other things right now. Maybe you’re ready to hire an exec, but there are bigger ROIs for reinvestment of your time and capital into the business. You want to move quickly, and use the funding for other positions, projects or initiatives.