Office Hours: Fractionals Lead to the Greater Whole

One increasingly important legacy of the natural products boom is the growth of a professional talent pool that isn’t necessarily tied to any particular company on a full time basis. These experienced, fractional employees differ from pickup crews or temp employees in that they’re often doing full-time work, just for a few different brands, allowing them to focus their core skills -- be they key account calls and broker wrangling, financial and operational strategy, innovation, marketing, or even company leadership -- for a few select clients.

 

Some of these fractional employees use an agency model, on retainer for months or even years at a time, while others are smaller practitioners, getting the wheels in motion for a sales team, putting a fundraising scheme in place, then watching the company outgrow them. For their clients, the choice lets brands get a skill set that looks to a higher level of professionalization, often on a budget lower than a full time employee.


This episode of Office Hours deals with the strategic use of fractional executives, including ways to develop trust, keep communication top-of-mind, and thoughts on the transition of roles as companies grow into larger armies. 

 

BevNET and NOSH Editor in Chief Jeff Klineman assembled a group of fractional executives as well as different experts from HR and company operations for a wide-ranging and useful discussion on the best ways to work with this emerging employee class.


Transcript

Speaker 1 [00:12] Good afternoon and welcome to Office Hours, the show where we pull together experts and entrepreneurs to share advice on growth and survival in the food and beverage business. We're taping this on March twenty-ninth, and while we're waiting to return to normal, even more, people are starting to question the concept of normal altogether. I'm seeing people post on that. Was there ever really a normal time to do business? Was it ever easy? Was it ever repeatable? I don't know. But there are plenty of people who wouldn't mind a little bit more definition in the sets of choices…

To read the full transcript, purchase a BevNET/NOSH subscription.

Related Videos