Tech Talent Strategies: Fractional CTOs and Tech Sabbaticals for Non-Tech Companies

Peter Stewart of Stewart Leadership suggests hiring a fractional Chief Technology Officer (CTO) or tech consultant to manage a non-tech company’s needs temporarily. This unconventional approach helps set up processes, build the tech stack, and assist with recruitment. Once an established tech team is in place, the company can partner with local universities for internships, creating a pipeline of future hires familiar with the business.

Inga Bielińska from Inga Arianna Bielinska Coaching Consulting Mentoring proposes offering tech sabbaticals to current employees. This unique strategy encourages and incentivizes staff to take tech-related courses or certifications during their time off. It builds internal expertise, makes employees more valuable, and addresses tech needs without external hires, giving non-tech companies a competitive edge in developing tech talent.

By Expert Panel® | OCT 09, 2024
Read the original article at FORBES

News Leadership Strategies

Integrating Innovation with Core Values for Sustainable Growth

FORTUNE – Jeroen Temmerman advises managers to balance innovation with core company values. Encouraging creative solutions within the company’s mission ensures consistent growth and stability. Aligning the company’s vision with both short-term and long-term goals aids in navigating market changes effectively. Emphasizing employee development and leveraging diverse perspectives fosters sustainable success. Maintaining adaptability and resilience in a competitive landscape is key to ongoing organizational prosperity.

By ORIANNA ROSA ROYLE | JUN 22, 2024

Read the original article at FORTUNE

Undercover Insights and Hands-On Research: Unique CEO Strategies for Business Growth

1. Before taking over, Red Lobster’s new CEO, Damola Adamolekun, secretly visited locations, assessing food quality and speaking with employees. His approach helped him understand the brand’s strengths and weaknesses, offering him key insights to guide the company through bankruptcy.

2. Alexandre Ricard, CEO of Pernod Ricard, visited 40-50 bars to study post-pandemic drinking habits. By observing trends directly, he made informed decisions, such as acquiring Monkey 47 gin based on bartenders’ recommendations, showcasing a hands-on market research strategy.

By Sasha Rogelberg | SEP 7, 2024
Read the original article at FORTUNE

4 Strategies for Building Effective Synthetic Sponsorship Relationships

HBR – Sponsorship, or the tactical moves a leader makes on behalf of junior talent, is essential for advancement to senior leadership. This can be due to leaders being busy, not prioritizing sponsorship, or being drawn to sponsorees who are similar to them. To resolve this, many companies invest in “synthetic” sponsorship programs that formally assign sponsors to sponsorees. However, once the match is made, the parties need to build the relationship on their own. 4 strategies to help sponsorees maintain momentum in synthetic sponsorship matches:

Integrate Mentoring, Coaching, and Sponsorship: During the first, getting to know each other and establishing psychological safety before discussing career development issues.
Don’t Assume the Worst: Sponsorees should not worry about too much wasting sponsors’ time. Trust that taking meetings seriously and preparing accordingly benefits both sponsorees and the sponsors.
Utilize “Weak Contact”: Keep in touch with the sponsors by regularly sharing articles or podcasts, commenting on social posts, and sending holiday greetings. However, this should not replace substantive face-to-face interactions.
Find Shared Experiences: Engage in activities or meetings together to build mutual trust and understanding, helping alleviate the pressure to focus solely on the sponsorees’ development.

By Rachel Simmons | JUL 15, 2024
Read the original article at HBR

Related Posts