Tag Archive: Executive on Demand

  1. Executive On Demand: A Core Catalysts Special

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    Leadership Experience, Objectivity, and Credibility

    Core Catalysts excels in providing interim and fractional C-Suite executives with the power to help in complex, business-critical situations.

    Our deep bench of Executives on Demand (EODs) can immediately bring experience, objectivity, and credibility to your leadership team, acting either as catalysts for rapid business performance improvement or as subject matter experts, focusing on specific functional issues or mission critical business projects and priorities.

    We Hit the Ground Running

    Our EODs are skilled in hitting the ground running. They do this by:

    • Quickly integrating with the operational leadership team, with a focus on keeping operations running smoothly
    • Rapidly understanding the current state of the business (financial, operational, priorities, etc.)
    • Swiftly reviewing the most pressing short-term risks and “quick win” opportunities
    • Proactively identifying the underlying causes of business issues and key initiatives for the ultimate decision makers to consider
    • Prompt transition from analyzing problems to developing and implementing solutions

    Capability and Deep Experience

    Core Catalysts’ EODs are a well-known quantity. Every EOD is a senior-level operating executive who has been closely vetted and has already completed work for Core Catalysts’ clients.

    Core Catalysts’ nationwide reach means that our EOD pool is composed of experts across the full range of industries and business challenges, ensuring best-fit individuals or teams for your unique issues and needs.

    C-Suite Advisory Services

    Many C-Suite members of privately held, growth-stage companies say they could benefit from an advisor who has sat in their seat, understands their challenges, and can help them achieve the success they envision with less risk, effort, and challenges.

    Core Catalysts’ EOD team includes people just like this who can act as allies and sounding boards to help your C-Suite navigate the challenges of setting strategy, operating day-to-day, and achieving your vision for the company, tapping into the broader firm resources of Core Catalysts if needed. In addition, our EODs can tap into our pool of consultants as well as our knowledge bases to get information that they may not know or have at their fingertips.

    Examples of past Core Catalysts EOD projects include:

    • Interim CFO, CIO, and CHRO positions
    • CFO profitability analysis and improvement
    • CFO / CEO acquisition strategy, targeting, and integration
    • COO support, fixing operating problems and broken processes
    • C-Suite support after private equity investment

    Find out more

    If you would like to find out more about our Executive on Demand offering, please reach out to us today!

  2. Executive on Demand: Why and How

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    Many people have asked me why we started the Executive on Demand offering here at Core Catalysts. Executive on Demand provides talented executives with skill sets ranging from COO, CFO, CIO, Sales/Marketing, and HR on a fractional, retained, or project basis.

    The need for this service offering came about because of two major trends.

    The first is the popularity of the Gig Economy.  The Gig Economy is the growing popularity of people who desire to be their own bosses, set up LLCs, and determine their schedules and work content.  The Gig Economy has been growing for many years and has become more accepted by people who either want the flexibility to work remote or to focus on a specialized skill set.  The availability and amount of people that want to work in the Gig economy has been growing due to many reasons:

    • Baby boomers in early retirement that still want to work; other workers requiring flexibility
    • Professionals coming back into the work force after time off for reasons such as starting a new family, taking care of elderly family, and military service to name a few
    • Availability of the internet to facilitate remote work environments
    • The growing services that allow people to market their skills and experiences to a much broader audience – Gerson Lehrman Group (www.GLG.it) for example

    The second is the acceptability for employers to use flexible or temporary resources as opposed to full time hiring and the time/expense it takes.  There are many drivers for employers to use flexible or temporary resources and include such things as:

    • Going through a Merger/Acquisition and need temporary leadership to get through these
    • Business growth, though not enough to support a full time executive until certain targets are met
    • Business wants much more seasoned expertise but cannot afford it on a full-time basis
    • Business has sudden need for a temporary executive caused by death/illness or unexpected departure
    • Corporate hiring processes for full time executives is long and expensive – often requiring outside executive search firms and fees
    • Corporate HR teams are stretched and not as well equipped to find executive level talent for a position in a short time.

    Here are some great examples of how clients have used our service offering:

    1. Client had to suddenly release its marketing executive and needed someone to come in and stabilize the group in the short term
    2. Client was launching a new business line and needed short term assistance with developing and supporting investor presentations
    3. Client had trouble with operations and needed CFO level talent to help diagnose and fix issues while supporting the current CFO
    4. Client was in turn-around mode and needed short term executives to make drastic changes and eventually turn back over the steady state operators

    In short, there is both a market need from employers and an availability of people that desire to work on a flexible basis. These factors combined to encourage Core Catalysts to launch a new service called Executive on Demand.

    Call us for more information at 913.752.9406 or visit our web site at www.corecatalaysts.com.

    Jim Wadella, Owner/Founder

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