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The article discusses the rise of fractional leadership in businesses, highlighting its growing popularity among firms seeking flexible, high-level expertise without the commitment of full-time hires. It emphasizes how companies are increasingly leveraging fractional leaders to navigate complex challenges and drive growth, demonstrating that flexible leadership models can enhance adaptability and innovation. By hiring fractional executives, businesses can access specialized skills and knowledge tailored to their immediate needs.
The fractional leadership model has gained traction as organizations look to remain agile in a rapidly changing market. Companies are using fractional leaders for various roles, including chief marketing officers and chief technology officers, to fill gaps in expertise while maintaining cost efficiency. This trend illustrates a shift towards more dynamic organizational structures that prioritize skill-based hiring over traditional full-time positions.
By Stephanie Vozza | Nov 24, 2024
Read the original article at fastcompany
CNN – Disney achieved streaming profitability, with Disney+ and Hulu contributing $47 million in profit, offset by ESPN+ losses. Despite improvements, Wall Street reacted negatively due to projected softness in future streaming growth. The company faces challenges transitioning from traditional media to streaming in a competitive landscape dominated by tech companies like Netflix. Management must sustain profitability amid market uncertainties and strategic shifts.