HELPING EXECUTIVES TO WORK ON THEIR BUSINESS - NOT FOR THEIR BUSINESS
WE THINK THAT
Every business owner, every executive and every stakeholder wants growth, stability, predictability, and increased revenue and profit. But many businesses aren’t sure how to achieve these things. And some of these know that if they had a COO they could put together the plan, drive the change and enjoy the results. But for some of these companies a full-time, professional COO is just out of reach.
This is where Part Time COO shines…
WHAT WE DO
Part Time COO provides professional Operations and Management to businesses that need a COO yet are not ready or able to hire one full-time. We believe that all businesses can benefit from increases in efficiency, better strategic planning and the implementation of a more formal management approach. Services that we provide include:
One and Three Year Strategy: work with executive leadership to define the strategic goals and then to put in quarterly plans to achieve them
Organizational Management: evaluate the current organization and plan to develop future groups to meet and surpass strategic goals
Key Performance Indicators: identify KPIs needed to achieve strategic goals and implement systems to track and report on progress
Performance Analysis: gather key data points and combine them for analytic insights and metrics such as TTM, RPE, CPL, CPC and others
Process Documentation: identify the key processes that need to be understood and followed by all; document them and develop methods for communicating and supporting them
Personnel Review Management: develop and implement systems for evaluating and providing feedback to all personnel and develop career tracks
Systems Review: analysis of current systems with a focus on current and future deficiencies, identification of enhancements or replacements, project management for upgrade implementation
Vision Statement and Core Value development: work with executive leadership in a workshop format to define the mission and purpose of the business and communicate it to the entire company
Custom to the needs of a specific business
HOW WE DO IT
Part Time COO seeks to help businesses to scale, grow, increase profitability and to surpass the expectations of all of the company stakeholders.
Engagement Types:
Project Based: Work on a defined project with a firm Scope, schedule and deliverables
Part-time: Integrate Part Time COO into your team – without having to bring on a full-time resource
Retainer Based: Part Time COO to work on projects as part of the team for a fixed number of hours per week
Engagement Methodology:
Each business is unique; Part Time COO does not use a templated, “one size fits all” approach. Each engagement is tailored to the exact needs to the company. To do this we follow a consultative methodology:
Discovery: includes interviews with executive leadership, stakeholders and key personnel; extensive review of planning documents, reports, financial statements, marketing materials, sales collateral and other materials
Scope Definition: a definitive and comprehensive description of the engagement including schedules, engagement type, deliverables, roles and responsibilities and fee structure culminating in a Statement of Work or Engagement Letter
Engagement: conducted using Project Management methodologies including weekly status reporting, progress reporting and dashboards
WHO WE WORK WITH
Part Time COO is not a perfect fit for every business. Any consultant who claims to be all things to all businesses is probably nothing to any business. Our best companies have the following things in common:
Desire for significant growth: metrics like double revenue every three years may seem impossible but for many businesses all it takes is planning and execution to do it
Willing to make changes: businesses that understand the old adage: “what was good enough to get you there isn’t good enough to keep you there” know that they must embrace change. Change means opportunity
Core competencies in place: businesses that already have the technical expertise, patents, equipment or facilities
Things that are less important to being a good fit:
Revenue or phase of life sweet spots: Part Time COO does not define good matches with phrases like: “post start-up phase with revenues between $2MM and $5MM”
Market verticals: We don’t focus exclusively on one type of company; our experience spans software, data, marketing, professional services and consulting.
CONTACT
Let’s Get Started!
It all begins with our Contact form. Fill out the form and submit it and Part Time COO will arrange an introductory video conference. Let’s grow together.