Mehrshad Pezeshk - Fractional-CTO

How to Hire a Fractional CTO and Where’re The Best Places To Find Them

Explore the benefits of hiring a fractional CTO to address specific business needs cost-effectively. Identify key skills, optimize remote hiring practices, and discover three sourcing strategies to find top technical talent for your organization.

Chief Technology Officers (CTOs) play an integral role in shaping a company’s technological vision and providing expert guidance to technical teams. However, not every business requires or can afford a full-time CTO. Enter the fractional CTO – an experienced professional offering similar expertise at a reduced cost. In this blog post, we’ll delve into the benefits of hiring a fractional CTO, key skills to look for, and three effective strategies for finding the perfect candidate.

The Benefits of a Fractional CTO

Full-time CTOs focus on aligning a company’s technology resources and vision with its business objectives. Their responsibilities include setting technical direction, leading developers and engineers, and collaborating with other C-suite executives to advance both short and long-term goals.

Fractional CTOs, on the other hand, concentrate on specific, time-sensitive needs such as strategic planning, infrastructure management, or product development. With their extensive experience, they can swiftly address business priorities while significantly reducing costs compared to hiring a full-time CTO.

Harnessing the Expertise of a Fractional CTO

A fractional CTO can provide valuable contributions to various aspects of your business, including:

  1. Developing a technical roadmap and strategy
  2. Launching new products or services
  3. Guiding technical teams to prioritize tasks and optimize schedules
  4. Overseeing IT security
  5. Managing technology contracts

Identifying Key Skills in a Fractional CTO

Determining the necessary skill set for a fractional CTO is crucial for a successful hire. Begin by outlining the broad qualifications you seek. Consider whether startup experience is essential or if your current team has skill gaps that need filling. Additionally, evaluate the importance of advanced degrees and the balance of hard and soft skills required for the role.

Optimizing Remote Hiring Practices

With the demand for top technical talent outpacing supply, it’s vital to ensure your hiring process is transparent and efficient. Your HR team should be adept at evaluating technical executives, articulating the position’s responsibilities, and understanding the interaction with other C-suite roles. If you’re unsure about your team’s capabilities, consider engaging a recruitment agency specializing in fractional executives.

Three Ways to Source a Fractional CTO

  1. In-person networking: Attending industry events can connect you with potential candidates. As the pandemic subsides, more opportunities will emerge.
  2. Job aggregator sites: Posting on platforms like LinkedIn and Indeed can broaden your reach. Ensure you have the resources for screening applicants before pursuing this route.
  3. Talent sourcing agencies: For pre-screened, skilled candidates ready for rapid onboarding, consider specialized talent sourcing agencies like Esteemed.

Conclusion

The competition for top technical talent is fierce. To secure the right fractional CTO, evaluate critical skills, emphasize the benefits for your company, and assess their capacity to address urgent roles.

If you’re looking to scale your startup or business, let’s have a quick call here.

Mehrshad Pezeshk

Mehrshad Pezeshk

Fractional-CTO​ - Co-Founder

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