Survey of 250 Fractional Leaders Shows Flexible Work Challenges,
Highlights
MINNEAPOLIS, Aug. 6, 2024
/PRNewswire/ -- FRAK, the Fractional Conference, released the
first and most comprehensive report on fractional work on Thursday.
The State of Fractional Report shares insights on the current state
and future outlook of this rapidly growing model of work. The
findings were gathered from a survey of 250 fractional workers
across the U.S. in varying industries.
A fractional, defined as "a part-time, fully embedded leader" in
the State of Fractional Report, is a rapidly growing title and
model of work. There are now more than 140,000 professionals on
LinkedIn who list "fractional" in their job title. Fractional
leadership is being embraced across disciplines and industries,
with marketing and tech leading the way, respectively, according to
the report.
While professionals are embracing the model, the report
highlighted the need for education among business owners. "Many
business owners have a need for senior talent but don't need
someone full-time. Fractional leaders are providing a great
solution for them," says John Arms,
CRO of FRAK. "And it's not just cost-control for them. Fractional
professionals are very, very independent, and very, very wise.
Business leaders get an ally in fractional talent they simply
cannot have with a full timer."
Because the fractional movement is still so new, the landscape
is rapidly growing and changing.
"Our goal is that The State of Fractional Report becomes the way
for us to detect trends over time. As the fractional executive
movement continues to grow, we want to build on the sense of
community and gain insights from what our fractional pros are
seeing in the field so we can better serve them," says Robert Smith, CEO of FRAK.
Fractional workers and fractionally curious can download a copy
of the report at fractionalconference.com. Additional conversation
about what the Report findings mean for those embracing this form
of flexible work will be had at FRAK 2024, a conference for
fractional pros, held in Minneapolis on October
21-22. Select early bird tickets are still available for the
event. Visit https://fractionalconference.com/registration/ to
register.
About FRAK: FRAK is an in-person conference for Fractional
Executives (CxO's) where experienced CxO's can come and learn how
to optimize their business, network, and share their experience and
expertise. Where new Fractionals or "Fractionally Curious" can
explore the world of solopreneurship and see if it is for them and
learn the skills that will help them build a successful CxO
business.
Media Contact:
FRAK, the Fractional Conference
Angie Jones
FRAK Marketing Manager
515-571-4660
381385@email4pr.com
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SOURCE FRAK