More and more firms today are recognising the value of bringing in interim executives or fractional CHROs as critical levers to oversee different levels of scaling across different sized companies. We speak to fractional CHRO Scott about building more scalable and efficient HR solutions, and unlocking real value in portfolio companies.
I’m an HR expert combining knowledge, technology, and seamless process to help companies scale.
I build bespoke HR solutions to allow companies to realize efficiencies and scale quickly. I prescribe and implement vital HR tools moulded to each client’s individual needs, including Fractional Chief Human Resources Officer Consulting, Talent Acquisition, Day-to-day HR Support, Payroll, People Policies, and Compensation and Benefits. I do this by partnering with an organization’s existing HR resources and utilizing technology solution providers.
PE operating teams face pressure to identify and unlock value in their portfolio companies. To achieve this, they require specialized knowledge and a deep understanding of the industries in which they invest.
Independent experts bring a fresh, objective perspective and a wealth of experience. With hands-on operational experience, an independent expert can provide valuable insights, helping private equity firms optimize their portfolio companies' operations, drive growth, and enhance profitability.
One of my clients, an e-commerce start-up, hired their first HR manager who didn’t possess the expertise to build an HR and recruiting function, nor the knowledge to rapidly add staff. The company’s goal was to make 54 new hires in the first quarter. However, management discovered that there was no plan in place to support the initiative and they didn’t have the tools or recruiters to support this staffing effort.
I collaborated directly with the President to develop a tailored solution which involved determining the necessary number of recruiters, procuring the required tools, establishing a selection process, setting up software solutions to support the process, and training hiring managers on best interview practices. By the end of the quarter, we had achieved their objective and transitioned the few remaining unfilled positions to their full-time staff.
My message to aspiring independents:
Have an open mind to the state of the market and truly listen to what your clients need. Don't try to box them into a solution that doesn't make sense. It's not just about billable hours. The best clients are repeat clients who will also refer you.
Are you looking to streamline your HR structure and processes, or need some advice on smoothing out your organization's concerns? You can engage with talent like Scott by posting a project now, or by talking to us about how to build up a pool of similar talent in the field.
