A short persuasive talk advocating the use of interim/fractional “gig” executives to help businesses recover from the pandemic-induced recession. The speaker gives five reasons—cost control, professional standards, prior experience (no learning curve), reduced hiring risk and timing, and recovering lost human capital—and concludes that qualified gig executives are immediately available to accelerate recovery.
Chapters
The current recovery from the pandemic induced recession presents a tremendous opportunity for gig executives and the businesses who engage them In a time of uncertainty, A time where experience provides exceptional returns. In a time where a business may not be able to afford more expense than necessary, working with interim or fractional executives may just be the smartest thing to do. Here are five reasons why 1. Control cost and only pay for what you need. Gig executives are available on a part time basis, fractional just for a specific time period or project bound. Why pay for more than you need? 2. Interim executives maintain the highest professional standard. It is incorrect that the gig economy utilizes executives who are in between jobs or not top rated. Their future work relies upon referrals and a successful track record. Interim executives are paid on the understanding of goals and objectives being delivered and not merely based on attendance. Number three Been there, done that. There is most certainly someone out there and available who has done already for another organization what you are looking to accomplish and that means virtually no learning curve. 4. Take the risk and the timing out of permanent hiring. Engaging available experience Executive level contractors gives business leaders a great amount of flexibility and if an experienced freelancer comes in and knocks it out of the park, the employer can extend a longer term offer. Try before you buy. And finally, it addresses the lost human capital. Damage to the economy and damage to the workforce is a result of the recession. If businesses had to lay off workers during the lockdown, those workers might start looking for other jobs, join competitors or they may leave the job market altogether. That means that all that human capital is lost. If your organization had to lay people off to survive the initial downturn, make sure your recovery is fast and and furious. Gig executives are here to help. Highly qualified and immediately available.