What is a fractional CTO or VP of Engineering?
In the entrepreneurial startup space fractional CFOs and CEOs are common space. Less common, but very important is the fractional CTO or VP of Engineering. This person can be tasked with things such as:
- Proof of concept or proof of principle specification, fabrication and testing in a resource constrained environment
- Product specification and high risk component specification
- Risk mitigation
- System level architecture and high level design
- Resource management for in-house and external resources, such as other consultants
- Development strategy and planning
- Assist in budget planning
- Assist in capturing voice of the customer and customer requirements
- Hiring recommendations and execution (for 1 to 25 employees)
For companies that already have a CTO, an experienced fractional VP of Engineering will help them execute on their strategies, grow their team and get an MVP to market.
For companies with a CEO, CMO, CSO and the like, an experienced fractional CTO can form their development plan and pivot into execution of that plan.