In other words, a fractional is a part-time fully embedded leader and the only difference between a fractional and their full-time counterpart, is that they are part-time.
What is fractional not?
Fractional is not just any part-time role, nor is it a freelancer, consultant, advisor, or interim. The below chart will help differentiate a fractional role from these other leadership roles.
Credit: Karina Mikhli, Founder of Fractionals United
Who should hire a fractional and why?
Any SMB (small to mid size business), startup, or scaleup that is on a budget but needs leadership expertise and experience to help them survive or thrive.
Credit: Duff Ferguson, Fractionals United board member, with the help of SteveAI