The Pros and Cons of Hiring a Fractional CTO
Experience can also be a competitive differentiator for fractional CTOs, with their skills making up for the missing hours at the company. Fractional CTOs deliver immediate value through experience at a lower cost, said Vaclav Vincalek. “That doesn’t mean it comes cheaply — but you’re typically getting extraordinary value for what you’re paying with a part-time CTO.”
“The part-time CTO also provides guidance to the person who is next in line to become the CTO, in time,” Vincalek continued. In many situations this next-in-line person may have received his or her senior developer title just by virtue of being a co-founder or first employee of the company. “They might be great at coding, but may not have the executive or managerial experience to help the company do what it needs to do. That’s where the part-time CTO can help these people.”
For full article visit CMS Wire