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Fractional Consultant

FRACTIONAL CONSULTANT

  • Definition: A part-time, ongoing advisor or specialist hired to own a function or provide expertise without being full-time.
  • Cost: Hourly rate.
  • Duration: Long-term, usually a set number of hours/days per week.
  • Commitment Level: Part-time, often a few hours or days per week.
  • Use Case: Provide steady expertise in a function you don’t need full-time (fractional COO, CIO, or HRBP).
  • Partnership Type: Strategic & relationship based.

Interim Consultant

INTERIM CONSULTANT

  • Definition: A full-time, temporary leader or specialist brought in for a defined period to fill a gap, lead a project, or stabilize a role.
  • Cost: Hourly rate or project fee.
  • Duration: Short to medium term, usually 3-12 months.
  • Commitment Level: Typically, full-time or near full-time for the duration.
  • Use Case: Cover a leadership vacancy (interim CFO, CMO, or VP of Sales). Lead a major initiative (merger, turnaround, system implementation).
  • Partnership Type: Immersive.

Project-Based Consultant

PROJECT-BASED CONSULTANT

  • Definition: A specialist or consultant hired as needed for specific, short-term, or project-based work without ongoing commitment.
  • Cost: Hourly rate or project fee.
  • Duration: Short-term or one-off projects usually a few hours to a few weeks.
  • Commitment Level: As needed, flexible availability.
  • Use Case: Complete a specific project quickly. Fill immediate capacity gaps. Deliver short-term expertise.
  • Partnership Type: Flexible, transactional, but can evolve into recurring engagements.

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