Resources

Launching a startup creates opportunities for swift gains, but unchecked expansion can destabilize any promising venture. Homejoy, once poised to disrupt the $400 billion home cleaning market, grew rapidly but shut its doors less than two years after a major funding round. The Homejoy case offers lessons for founders determined to avoid similar outcomes—a reality relevant to far more than a single company.

The news is abuzz with leading dailies reporting about employees that have been moonlighting, or ‘two-timing’ their employers, so to speak, after it came out that a Noida-based IT employee was working for as many as 7 different organizations—at the same time!

Picture this scenario if you can: you are running a relatively young company in a fiercely competitive marketplace where the norm is feverish change. Suddenly, in the midst of a firestorm, your CEO leaves you or even worse you are having to ask him to go. Where does that leave your organization? To even mature organizations, such sudden exits can be deeply unsettling. For smaller businesses it may be a death blow.

Each day, we are placed in a box of yet another personality type, yet another social class, yet another body type, and so on. It’s almost as if people have stopped believing that there is a possibility of being it all or being anything else other than what has been established. Like there is an adage that a misfit becomes a failure or a rebel. "Jack of all trades but a master of none", is all we remember from the quote, and we forget that it is still better than a master of one.

It's essential to understand what flexi engagement means to you specifically. The fact is that for different people depending on the stage of life they are in, this varies. For some it could mean freedom in their physical space, for others it could be creative freedom. For others just the fact that no one restricts you or your thought process.

In today's fast-paced and dynamic business environment, companies of all sizes need agile and effective leadership C-level experts to stay competitive. However, it’s easier said than done, especially when it comes to filling a position with an immense number of responsibilities. Getting a full-time C-suite professional onboard is a time-consuming task and sometimes it takes months to find the perfect fit.

Business transitions can be challenging, especially when it involves restructuring, mergers and acquisitions, or changes in leadership. Such transitions can create an unstable environment that can affect the productivity and profitability of the business. However, there is a solution to this problem - engaging with an interim expert. Interim experts are highly skilled professionals who can provide temporary support to businesses during periods of change. The full-proof plan to navigate through business transitions wisely is by leveraging the power of interim experts.

Flexi-engagement or hiring C-Suite flexible experts on a short-term basis, is slowly becoming popular among businesses of all sizes. More people are realizing the importance of this approach, yet there are several myths that prevent some businesses from taking advantage of this strategy.

Traditional leadership models are being challenged by innovative approaches that embrace flexibility and adaptability. One such approach gaining momentum globally is the Flexi-CXO concept. While this concept has gained acceptance and success in several countries, it is gradually making its way into the Indian business arena, ushering in a paradigm shift in leadership.