What Are Fractional Executive Services?

Fractional executive services are a unique business concept where a nonprofit or for-profit company hires an industry leader. This fractional professional completes executive-level tasks, filling these roles in a specific, part-time capacity.  These services can include budgeting, accounting, strategic planning, technology infrastructure analysis—essentially any responsibility that is in a C suite executive’s job description. 

One of the major benefits of fractional executive services is that nonprofits with limited resources can take advantage of the expertise and knowledge of these professionals without having to budget for an executive’s salary. After all, executive decisions still need to be made! Fractional executive services enable smaller organizations to access the resources they need to forward their mission and accomplish their goals.

What Is Fractional Leadership?

Fractional leadership is essentially the same thing as a fractional executive…which leads to the question, what is a fractional executive? A fractional executive is just what it sounds like: someone who provides executive services and leadership on a part-time or limited basis. 

What Is Fractional C Suite?

A fractional C suite is when some or all of the higher level executive positions are filled by people on a part-time basis. This can include positions such as CEO, COO, CIO, and so on. Along with the prospect of saving money, fractional executives can be a great benefit for organizations that are growing rapidly. 

Who Provides Fractional Executive Services?

Typically, fractional executive services are provided by someone who is an independent consultant or part of an organization that specializes in providing fractional services. For example, here at Computers in Ministry (CIM), we work closely with faith-based nonprofits to help them make the most of their technology investment. We provide fractional executive services centered around IT, as well as a host of other technology-related services to help your nonprofit move forward. 

When trying to decide on a provider for fractional services, it’s important to look for someone who: 

• Is experienced and knowledgeable. If you need CEO services for your nonprofit organization, you should look for someone who has been a CEO! As basic as that sounds, it’s vital to check resumes and references, making sure that the person you’re considering has the knowledge and hands on experience to be able to perform the services you need. 
• Fits with your organization. Although fractional services are provided on a part-time basis, this individual will be an integral part of your team. In fact, they’ll be providing executive-level support. Be sure to consider how the candidate may interact with the important stakeholders in your organization.
• Is a great communicator. As someone who won’t be in the office full-time, it is essential to evaluate communication skills. Are they answering emails promptly? Is their style of communication compatible with others? Excellent communication skills are a necessity for fractional executives. 

What Is an Example of Fractional Work?

Fractional CIO services and CTO services are an excellent example of fractional work. A Chief Information Officer (CIO) is someone who is responsible for the internal technology infrastructure and how tech is used within the organization. A Chief Technology Officer (CTO) is typically responsible for external technology and how external stakeholders interface with the organization’s technology. At CIM, we work with nonprofits and churches to provide CIO and CTO services like: 

• Tech Research and Evaluation
• Leadership and Management
• Capital Allocation and Budget
• Goal and Roadmap Creation
• Organizational Objective Alignment
• Technology Governance
• Performance Monitoring
• Contract Negotiations
• Team Development

We believe technology should serve your mission, not the other way around. Our approach to fractional work is that of partnership, working with you to help accomplish your organizational goals and keep everything moving smoothly.

How Can a Nonprofit Organization Determine if They Need Fractional CIO/CTO Services?

One of the biggest indicators that a nonprofit may be in need of fractional CIO/CTO services is if they are in a position where technology is hindering their ability to carry out their mission. When technology becomes a barrier, like a food pantry whose website isn’t able to take online requests for food delivery, that’s an issue. And, small symptoms like a non-functional website can point to larger issues—has anyone ever taken a comprehensive look at all of the technology that’s being used? Technology, when implemented and used intentionally, can empower and enable staff, board members, and volunteers as they work tirelessly for the greater good. 

Another way to determine if you have the right tech stack and tech strategy is to take our free Technology Health Assessment. You’ll answer simple questions and receive a score between 1-100, as well as practical and budget-friendly solutions for any areas that may need addressed. If your score falls in the 61-80 range, your organization may benefit from fractional CIO/CTO services. If your score is higher or lower than that range, we have actionable recommendations for you to follow. 

Computers In Ministry: Your Experienced and Dedicated CIO/CTO Services Partner

Here at CIM, you’ll find a group of tech experts who are passionate about helping faith-based and nonprofit organizations further their mission. With 25+ years of experience and 100+ organizations served, we’ve seen the transformative power of technology firsthand. Visit our website to learn more about our services, or drop us a note with any questions you may have. We’re so excited to partner with you and enable your organization to flourish.