Fractional Executive Services
We aim to be a good steward of your resources.
We understand the resource limitations for small businesses. Engaging a Fractional Executive begins with an initial assessment of the current business needs. This will ensure there is a clear direction identified for the company as well as the resources needed to execute on the challenges faced. At this point if the business needs outside resources a Fractional Executive can step in to help execute on the strategy to ensure success and help keep the plan on track through accountability to the goals. This also ensures the leadership team are able to continue working on what they are best at.
Part time resource with full time accountability.
A Fractional Executives engages with business leadership teams and assumes the role and responsibility of an employee. Sitting on the inside of the business with the team to ensure efficient use of resources. Working with a Fractional Executive gives your company access to expertise that you otherwise may not have access to.
A low risk, faster to impact approach.
We are not a low cost alternative, we are a low risk and faster to impact solution because of our expertise and methodology. We are only utilized by the business when needed, saving the salary of a full time position and ensuring the right expertise is engaged at the right moment for the business. Working on a hourly basis with competitive rates we are able to provide a high level of service at a fraction of the price of hiring a full time executive who may or may not have the skills needed.
Get your team on the same page.
Linked Management Solution works with companies at any stage of maturity; from ensuring start ups set off on the right path to helping developed companies with transition and exit planning. In any scenario ensuring the team has a great plan to rally behind and execute will ensure the success and achievement of any milestone for the business.
What does engaging a Fractional Executive look like?
Linked Management Solution offers management solutions to businesses facing challenges or looking for opportunities. These include custom built approaches based on corporate needs. Not every company needs full time executives and we can step in when and where our expertise can help drive value and opportunities. Bringing corporate oversight and financial literacy to our partners to create opportunities for the management team to focus on what they are best at and enjoy doing the most. An initial one day assessment helps the companies leadership team and the Fractional Executive get aligned and determine where we can help drive the most value for the company and team. Once a challenge is identified a plan can be developed to execute including measurable outcomes to show the success and value created through the engagement. Our team members only engage with companies where they can drive value and the open, honest communication is key to ensure the right resources are brought in for every challenge facing the company.
While the areas where Linked Management Solution can help are quite vast the focus is on the eight pillars of business.
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Every organization needs to understand what they are trying to achieve and the path that will take them there. Linked Management Solution believes that this often overlooked but critical aspect of each organization should include revisiting the corporate mission, vision and values. In turn this will create an opportunity to ensure the business and employees understand where the organization is going, what the organization will and will not do, and how they will conduct themselves. Spending the time to clearly evaluate and define the corporate strategy will ensure all members of the team are engaged and moving in the same direction. Strategy can be difficult and time consuming, but we bring a focused approach to assisting management in developing the strategy best suited to the organization through diagnosis, guiding principles, and strategic initiatives.
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Small and medium business owners understand their business like no one else. However completing an in depth market analysis can take time that the team often does not have. Linked Management Solution can bring in outside information coupled with internal data to provide information on areas such as corporate strengths and weaknesses, competition within the industry, economic outlook, and the product life cycle. Bringing a detailed market analysis to light can help the team understand where to focus their efforts and which areas to avoid.
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Linked Management Solution brings it's vast experience with corporate systems and processes to understand and review those specific to the businesses we work with. Finding areas for improvement and increasing efficiency can lead to reduced pressure on staff, increased revenues and stronger bottom lines for the corporation. This can provide more opportunity for everyone within the organization. Unleashing this opportunity can be freeing to the shareholders and the employees.
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Looking for new opportunities and executing on the marketing plan are keys to successful sales growth. Bringing in an outside perspective can help find gaps in the current system and cerate opportunities that the business may otherwise miss out on.
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We brings decades of experience leading teams of varying size and complexity. We can help develop leaders within your organization and ensure your HR policies reflect the great culture of your organization.
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Our team can help management understand financial statements and how to use them to pull insights from the historical data, for budgeting, and for projections. Take your business to the next level with in depth understanding of your financials and how to use them on a daily basis.
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Recruitment, retention and investment in the employees are all keys to success. Often the most value resource is is essential to ensure the corporate policies reflect the corporate culture. Planning for employee change is an important part of every business. Linked Management Solution works with managers to identify and build plans for potential and actual change. Ensuring employee career aspirations are a part of the planning process in order to build the best opportunity for success is a key part of a transition following either a planned or unplanned change within the organization.
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Reviewing who makes decisions and how these decisions are made can help determine if the right tools are in place to ensure the most value is created within the business. Looking at advisory boards, shareholder goals, and exit planning are all essential to ensure the team is on the same track.