Where Fractional Executives, Productized Services & AI Meet: The New Paradigm

Where Fractional Executives, Productized Services & AI Meet: The New Paradigm

A year ago, who could have imagined how deeply embedded AI would be in our daily lives?

To most of us - professionals, consultants, fractional executives- it seems like AI magically appeared on the scene suddenly.

Not so! I'm in awe of how long and hard thousands worked on AI so that we could just click and exponentially expand our capabilities - in seconds!

Because I have found myself employing and deploying AI in so many ways I never thought I would or could, I thought it would be helpful to share some of this with you to get your brainstorming juices flowing.

Productized Services: Scalability Meets Customization

More and more, busy trusted advisors and fractional executives tell me they are grappling with a good dilemma:

They are too busy with clients.

To scale, they have limited choices: hire employees or do more work themselves.

They continue to ask me for ways they can productize themselves - replicate themselves without hiring people.

We are using AI to show our clients how to add productized services and package their know how in new and more advantageous ways - for them AND their clients.

Why? This model bridges the gap between one-to-one consulting/fractional engagements and the ability to provide subscription-based productized services.

Because of AI, we no longer have to make a productized services be a cookie cutter experience.

They can easily be customized but still provide a repeatable framework, ideal for both consultant and client.

This is why productized subscription-based services are gaining traction.

Fractional Executives: High-Level Expertise on Demand

As we've seen, the rise of fractional executives allows companies to tap into C-suite level talent without committing to full-time salaries.

AI Is The Efficiency Multiplier

Your ability to help your clients via AI to operate with greater efficiency, automate routine tasks, help them work in new ways they don't have the experience or time to learn gives you elevated appeal and credibility with clients and helps you serve more people with efficiency.

As AI capabilities grow, it's becoming an indispensable tool for businesses of all sizes.

Your knowledge and application of AI-driven tools will be your competitive advantage with many clients.

The Intersection: 5 Ways To Grow With AI

The convergence of these three trends is creating a powerful new paradigm for business operations and growth:

  1. AI-Enhanced Productized Services: We combined our product development experience and super powers with AI to expand ideas and testing methods for productized services. This allows our clients to be more assured they are offering the right products to the right people in the right formats.
  2. AI-Powered Fractional Executives: Fractional executives are leveraging AI tools to enhance their capabilities, allowing them to provide even more value to multiple clients simultaneously. AI assists in data analysis, business planning, modeling, strategy formulation, and performance tracking.
  3. Subscription Models for AI-Driven Insights: Companies are offering subscription-based access to AI-powered analytics and insights, often coupled with fractional executive oversight. This model provides businesses with ongoing, high-level strategic guidance backed by advanced data analysis.
  4. Democratization of Expertise: The combination of these trends is democratizing access to high-level expertise and advanced technologies. Small and medium-sized businesses can now leverage capabilities that were once the domain of enterprise corporations.
  5. Agile Scaling: Businesses can now scale more efficiently by combining productized services, fractional leadership, and AI. This allows for rapid adjustment to market changes and opportunities without the traditional overhead costs.

At Product WYZE™️, our product development division helping service professionals add recurring revenue with subscription-based productized offers to their clients, we've taken AI a step further.

We created a specialized GPT called The Subscription Strategist. We married our product development super powers with the genius of AI to create this proprietary tool to helps devised specialized offers and plans for those wanting to scale in new ways.

We've used AI in product development, business planning, video creation, course creation, marketing, and more.

We are at a marvelous inflection point of business strategy, productivity, and AI innovation.

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Have a dozen ideas of how you could productize but not sure which to launch? That's our jam.

Let's talk - book a WYZE Discovery Call to move from "I've got lots of ideas" to your rewarding productized recurring revenue offer.

Mark Taylor

NYC Master Chair & CEO Coach @ Vistage NYC | Leadership Development

3mo

Nancy Fox - The Fractional Fox It's exciting to see how technology is reshaping the consulting landscape and empowering professionals to scale effectively! I appreciate these concrete and innovative examples.

Andrea Jones, MBA, PMP, Speaker

Founder, Investor, Speaker, Consultant, Asker of direct questions to clarify intent and help teams execute.

3mo

This is an interesting conundrum. Thank you for sharing how these opportunities can connect.

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christoff poppe

CEO Peer Group Coach | Business Advisor

3mo

Thank you Nancy You made me think: AI takes care of the routine so we can take care of the human aspects

Marc Emmer

President at Optimize | Keynote Speaker at Vistage Worldwide | Forbes & Inc.com Contributor | Expert Strategy Facilitator

3mo

Interesting, and an intersection I had not considered. Thanks for sharing this

Rebecca York

SVP Commercial Banking

3mo

Nancy- Thank you for this post. AI is going to change everything and you post brings up some really interesting opportunities for the future of AI.

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