By now, Interim Leadership is a term you’re probably familiar with. In fact, Interim Leadership is a multi-tiered concept, offering different levels of service based on the needs of the organization.
Crimson Technology Partners specializes in three types of Interim Leadership:
- Fractional CIO
- Surge CIO ™
- Gap CIO ™
In this article, we’ll go into greater depth of each service, including what the position entails and who it is best suited for. If you still want to learn more, check out our site.
Simply put, a Fractional CIO is a part-time executive. Based on the organization’s needs, a Fractional CIO will work a set number of hours per week or month, to fill an executive void without the executive price tag.
Fractional CIOs are perfectly suited for organizations who need the extra executive workforce but don’t have the resources or needs for a full-time employee. Fractional CIOs have become especially popular and useful for early stage or start-up companies, as they give the organization the necessary push to make it to the next level.
A Fractional CIO doesn’t need the traditional 40+ hours per week to contribute significantly to strategy, operations and growth. For businesses, it’s a win-win situation: get the expertise without the costly investment.
A Surge CIO ™ is a concept unique to Crimson Technology Partners. Surge CIOs ™ are hired when a specific need is recognized: M&A, Major System Installation, System Migration and so on.
While a Surge CIO ™ is hired on a project basis, they are not the same as consultants. A Surge CIO ™ sits at the table with existing leadership and integrates into the team, without getting caught up in office politics or “drama.” The primary purpose of a Surge CIO ™ is to maintain continuity of day-to-day operations without adding to the workload of existing leadership.
A Surge CIO ™ is typically stepping into a new role, rather than replacing an existing position. When your organization hits a bandwidth limit, a Surge CIO ™ steps in to fill the void.
A Gap CIO ™ bridges the gap till your organization finds a permanent replacement. While maintaining the structure and order of daily business, a Gap CIO ™ will also contribute to the process of finding the replacement, including candidate selection, vetting, interviewing, hiring and so on.
The primary goal of a Gap CIO ™ is to lessen the transitional burden until the organization can find a suitable replacement. Once a replacement has been found, the Gap CIO ™ can assist in transitioning them to their new role, to ensure even greater success.
Conversely, if an existing executive is exiting the company, a Gap CIO ™ can come on before their departure, to make the transition as smooth as possible.
So there you have it:
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