Tim Skelly’s Post

A Fractional COO is a seasoned Executive who provides part-time strategic and operational leadership to your company for a fraction of the time and cost of a full-time hire. The decision to hire a Fractional COO can be a game-changing one. In earlier-stage companies, where resources are limited and runways are short, hiring a Fractional COO is a great way to quickly access the kind of Executive-level expertise that can be the difference between success and failure, without having to have access to a large amount of funding. I have extensive experience across various industries and company sizes. I use this experience to help you design and execute a Strategy for your business that ensures you're always running as efficiently as possible. By running efficiently, you're making best use of two of your most precious resources - time and money - and that expands outwards into every department, oiling the entire machine of the company and propelling you forwards to the next stage in your growth story. If you're wondering if a Fractional COO is the right choice for your business, why not click the logo at the top of this post and book a free, no-commitment Discovery Call? --- #startups #strategy #operations Pay As You Go COO was founded by an expert company builder who wants to help you beat the odds and build a business that’s destined for success, without breaking the bank. Get Fractional COO and Business Coaching services to help you navigate make the most of your most precious resource - time. Liked this post and want to see more? 🏷️ Save this post ➕ Follow this page 📰 Subscribe to The Operating Table, the free newsletter that brings you the latest insights and advice for your growing company: https://buff.ly/3yb5dzh

Entrepreneurs—Here's how you can save $250,000 annually with some simple advice: Don’t hire a COO if you don’t need one. There are ONLY 4 main reasons to bring in a COO: To grow profitability To increase efficiency To make employees or customers happier To grow the economic value of the company It’s that simple. Now, the right COO in the right situation is transformative. But they represent needless expense, disruption, and commitment if not necessary. And I’d advise you to keep your money and consider alternative options. OPTION 1. Try an EA (Executive Assistant) First If all you’re trying to do is to get shit done and free up time, try hiring an EA. Oftentimes, people say, “I need a COO.” But what they really need is someone who has time to do tedious stuff they shouldn't be doing. OPTION 2. Hire the Right Heads You might also not need a COO if you’re after a functional head or heads to bring expertise to specific domains. OPTION 3. Cut Back Your Core Can’t keep visibility across all your projects? Rather than hiring a COO to handle the projects, you can try scaling back. Then, figure out whether your core projects are truly instrumental. OPTION 4. Go Fractional Another possibility to consider before hiring a full-time COO is hiring a fractional COO. A fractional COO is usually a former senior exec who has chosen to work for multiple companies rather than just one. Acting on one of the options above will let you gauge if you truly do need a COO to help your organization—without risking $250,000 to find out.

A COO becomes effective when you are: -Experiencing Rapid Growth:  When your company grows quickly and the existing management team struggles to meet operational demands. -Operational Complexity: When your complexity of operations increases to the point where you need to hire specialized positions to maintain efficiency. - Scalability Challenges: When your company faces challenges in scaling its operations effectively and sustainably. -Focus on Core Activities: When the CEO needs to focus more on strategic vision, fundraising, and market positioning, a dedicated role for operational management is critical. What I’ve encountered: When your team moves from Seed or Startup phase to Series Stage A or from Angel to Venture investors, this is when you want to have your operational infrastructure in place. Often, a company does not have the budget for a full-time COO, so it hires a lower-level, less experienced person. You are giving up the experience that a COO brings to the table. You give up the “been there, done that” experience. And I’m here to say that experience is worth the investment. THERE IS AN OPTION    Bring in a Fractional COO. This person can assist in developing strategy and roadmaps to success.  They work directly with your current teams and provide what you need as an interim option. Will a Fractional COO benefit your company? The first step to operational infrastructure planning is understanding what you have and need.   I can help with this. HI I am Mary Plemons, Fractional COO, and I am available to chat through any ideas or problems you may have. DM me anytime. I love talking Operations!

Thank you to Forbes and John Knotts for this great article on "What Should A Fractional COO Look Like?" "I believe any business could benefit greatly from a great COO. However, cost is often a limiting factor for many businesses, as a great COO is very expensive. This is where the fractional COO concept becomes attractive. For part-time employment, you can bring in dedicated top business talent to quantum-leap your company to the next level very quickly." https://lnkd.in/eT3sM6xJ

Are you thinking about your next step for scaling, but you're worried about costs? If so, a Fractional COO could be the answer. For the same price as a full-time junior employee, you can get a senior resource who can accomplish more within a much smaller window of time and with a lot less input needed from you. Essentially, with a Fractional COO, you're getting much more value from much less time. Fractional COOs are typically seasoned executives who have navigated the gamut of business challenges, can understand the context of each problem, and offer solutions that fix the issue in the moment whilst also contributing to longer-term strategic decision-making. In an earlier-stage business, when you're figuring out a lot of things, and everything is constantly moving, a full-time operations employee can be a valuable resource for taking some of your routine work whilst you're focussed on your most pressing tasks, like delighting investors and finding new customers. To get the most out of that junior employee, you'll need to teach and train them, provide them with leadership and guidance, and offer a certain amount of job security. For a similar price, a Fractional COO can work independently, from the start, on significant pieces of work with little guidance (often, they'll be the one telling you what needs to be done). Pay As You Go COO's pricing will always be affordable and transparent - you can find it here: https://buff.ly/3WHcQ9X --- #startups #strategy #operations Pay As You Go COO was founded by an expert company builder who wants to help you beat the odds and build a business that’s destined for success, without breaking the bank. Get Fractional COO and Business Coaching services to help you navigate make the most of your most precious resource - time. If you dream about getting more sh!t done in your growing company, book a free, no-strings, zero-stress chat today. Liked this post and want to see more? 🏷️ Save this post ➕ Follow this page 📰 Subscribe to The Operating Table, the free newsletter that brings you the latest insights and advice for your growing company: https://buff.ly/3yb5dzh

Entrepreneurs—Here's how you can save $250,000 annually with some simple advice: Don’t hire a COO if you don’t need one. There are ONLY 4 main reasons to bring in a COO: To grow profitability To increase efficiency To make employees or customers happier To grow the economic value of the company It’s that simple. Now, the right COO in the right situation is transformative. But they represent needless expense, disruption, and commitment if not necessary. And I’d advise you to keep your money and consider alternative options. OPTION 1. Try an EA (Educational Assistant) First If all you’re trying to do is to get shit done and free up time, try hiring an EA. Oftentimes, people say, “I need a COO.” But what they really need is someone who has time to do tedious stuff they shouldn't be doing. OPTION 2. Hire the Right Heads You might also not need a COO if you’re after a functional head or heads to bring expertise to specific domains. OPTION 3. Cut Back Your Core Can’t keep visibility across all your projects? Rather than hiring a COO to handle the projects, you can try scaling back. Then, figure out whether your core projects are truly instrumental. OPTION 4. Go Fractional Another possibility to consider before hiring a full-time COO is hiring a fractional COO. A fractional COO is usually a former senior exec who has chosen to work for multiple companies rather than just one. Acting on one of the options above will let you gauge if you truly do need a COO to help your organization—without risking $250,000 to find out.

Today I want to talk about acquisitions and take overs of smaller successful businesses. It is indeed common for startups to be acquired by larger corporations or listed companies, and the handling of these acquisitions can significantly impact the success or failure of the integration process. Maintaining the core culture and values of the startup is crucial when it comes to integrating it into a larger organization. Disrupting the existing culture and destabilise middle management can lead to a loss of the innovative and entrepreneurial spirit that made the startup successful in the first place. Preserving what made the startup successful while leveraging the resources and expertise of the acquiring company can lead to a more successful integration. Strengthening middle management, empowering experienced doers, and focusing on maintaining the ethos of the company can help in ensuring a smoother transition and long-term success. While it's important to consider the expertise and capabilities of the new management, blindly prioritising fancy titles or degrees over practical experience and hands-on skills may not always lead to the best outcomes, especially in industries like manufacturing where practical knowledge and experience are highly valued, and scarce. I always say “listen to the man who is doing the job, he knows the difficulties beter than anyone” In conclusion, maintaining a balance between preserving what made the startup successful and leveraging the resources of the acquiring company is key to a successful acquisition. Disrupting the existing culture and destabilising middle management can often lead to negative outcomes, so it's essential to approach the integration process with care and consideration for the existing strengths of the startup.

Well, I admit I'm not the most objective person on this one 😎 but I do know one thing: If you're #startup or #company wants to grow and #scaleup substantially, Tzvika (Mike) Fisher is the one person you'd want by you. DM for details #coo_as_a_service #strategy #globalgrowth #operations #consultant #CEO #executive_on_demand

Hi LinkedIn friends, TLDR: if you're a #founder, #CEO, #VC looking for a COO, strategic #scaleup partner or you are in #growth stage, let's talk. If we haven't crossed paths yet, I'm Tzvika Fisher, aka Mike in the US. For the past 15+ years I've grown, developed and led #operations teams, focusing on executing the #strategy and #roadmap, and scaling up companies to their #next stage. I’ve done this for various organizations, from #startups to #corporate giants, in Israel and the US. Now, I'm excited to bring my extended global experience to companies as a part-time / fractional / on-demand / COO as-a-service. So, who could benefit from it? - Small companies aiming to #scaleup. - #CEOs in need of a #strategic partner for #execution and #growth. - Businesses seeking #process #improvements. Why should a company go for the COO-as-a-service path vs getting a full-time COO? - Gain access to seasoned executive expertise. - Save on costs compared to full-time hires. - Skip the lengthy hiring process. - Avoid traditional employer-employee dynamics. It's a clear win-win! And now, with 2 days a week availability, I'm happy to support the right companies. Intrigued? Would like to learn more?  Comment, DM or email me at COOExec360@gmail.com Feel free to share and spread the word across Linkedin

🚀 Introducing Primed Growth – Transforming Operations to Power Success! 🚀 It is well known that startups and small businesses often suffer from disorganization, suboptimal operations, and fragmented communication. Because of this, I was inspired to launch Primed Growth. Our mission? To tackle these essential challenges head-on, enabling businesses to sidestep common setbacks and confidently surge towards growth and excellence. At Primed Growth, we specialize in offering customized operational audits, project-based consulting, and fractional Director of Operations services. We empower startups and small businesses to enhance their operational efficiency without the commitment to a full-time executive position. By delegating operational responsibilities to a fractional consultant, you ensure that your team remains focused on their primary roles, thereby accelerating product development and market readiness. The cost of hiring a fractional consultant is often offset by the increased productivity and efficiency gains across your organization. Let go of juggling multiple roles - it's time for strategic refinement, optimization, and growth! Visit us to see how we can transform your operations and help your business thrive. www.primedgrowth.ca #PrimedGrowth #StartupSucces #SmallBusiness #OperationalExcellence #BusinessGrowth #OperationsConsultant