When does a Fractional COO pay for itself in a high-wage environment?
When does a Fractional COO pay for itself in a high-wage environment?
At the point where wage inflation outpaces operational efficiency. With wages up 33 percent and short-term credit at 8.2 percent, the gap between cost and output widens unless someone redesigns the operation. Fractional COO engagements run $3,000 to $15,000 per month and convert that gap into a repeatable system. For most companies under 20 million in revenue, the math works long before a full-time COO does.
Kamyar Shah, Fractional COO, World Consulting Group.