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What Type of Leader Do You Need?

February 22, 2024

The world of work is evolving. In the past, hiring was binary. You either needed someone to do a full-time job or you didn’t, but all that changed with the emergence of flexible work. What started with the gig economy has made its way to the executive level. 

Now, you have the flexibility to hire a fractional executive, work with an interim CMO, outsource a project, or find a coach to level up someone already on your leadership team. You can scale your team without hiring a one-size-fits-all full-time executive. It’s faster, more cost-effective, and a great option for organizations of all sizes. 

The growing popularity of flexible work styles comes with plenty of advantages, but it can be a challenge to find the right fit, especially if you’re unfamiliar with the options and their applications. 

Breaking down the spectrum of work types

To understand the spectrum of work types, you should be familiar with a few main types of flexible roles. The Bolster team often works with organizations looking for leaders to fill these types of roles. 

Work Types:

   
   
       Project Based        
Someone who completes a fixed scope of work (most similar to consulting)
   
   
   
       Mentor or Coach        
Someone who offers advice or coaching on an ongoing basis
   
   
   
       Fractional        
Someone who works a few days a week on a longer-term basis
   
   
   
       Interim        
Someone fully dedicated to working with a company, but only temporarily
   
   
   
       Full-Time        
Someone who works as a traditional W2 hire
   

Finding the right fit

There are myriad implementation opportunities for flexible work, but based on the most frequent applications, we’ve outlined a few reflection questions to help you determine which work type is the best fit for your needs. 

Do you:

  • Have a project with a lot of urgency, but don’t have the bandwidth (or expertise) to take it on yourself?

    You need a PROJECT-BASED executive
  • Want outside support with your personal development, or to help someone on your leadership team level up?

    You need a MENTOR or COACH
  • Have business-critical work that requires an experienced specialist, but don’t necessarily need (or have the budget for) someone full-time?

    You need a FRACTIONAL executive
  • Need to fill a role for a little while, to cover the absence of a senior leader or while you search for a full-time hire? 

    You need an INTERIM executive
  • Have a gap on your leadership team that requires an experienced leader to either build or oversee a function?

    You need a FULL-TIME executive

Finding the right leader

Bolster combines the power of experienced recruiters with our intelligent sourcing platform to match you with the executive talent your team needs. 

We tailor our services based on the support you need. Whether you’re looking for a fractional executive, a mentor with the practical experience to help you grow, or you need a full-time leader after all, we can help you find the right person for your team. 

Book a call with someone from our executive recruiting team to discuss your needs, your team, and your potential next steps.