CEOs and business leaders face a growing challenge of acquiring the right expertise in a timely, cost-effective manner. As their business grows their needs and challenges are frequently changing and expanding. They need true, proven experts to identify the key opportunities, chart the right course of action, and ensure timely execution.
But typically companies can't afford to hire full-time employees for every expertise needed. Further more, they shouldn't... it's not cost-effective. Once the challenge has been addressed, you no longer need that level of expertise, or the needs change, what are you going to do with that expensive full-time employee? With extremely expensive health care costs, benefits and other rising costs, savvy business-leaders are tapping Expert-as-a-Service (EaaS) as the new alternative to hiring full-time employees for an area of expertise.
It provides a top expert for a specific need in the most affordable, cost-effective manner. EaaS does NOT provide a "Consultant".... "Consultants" are often just "theory people. You need someone that has been there, done it, and has proven, successful results. Xtrii's EaaS provides a proven CIO, CTO, and/or technology expert that has successfully performed the hands-on role for some of the most successful companies in the world.
This approach is extremely effective for mid-cap, small-cap and rapid-growth companies. It allows them to tap into a world-class expert that has helped some of the world's top companies achieve success, at a rate that is tailored to their specific needs and budget. Now these companies can leverage the same caliber of expertise as their Fortune 100 competitors, and pay far less.
The results and benefits are very compelling:
A client recently engaged one of our highly-accomplished technology leaders to help them transform their technology organization. The Xtrii technology expert helped the organization quickly assess their gaps and most-pressing needs, set the optimal course of action, and is serving as their contracted CIO to fast-track the improvements. The client's CEO is thrilled with the timely improvements, and the client's CFO is happy that Xtrii's EaaS approach is saving them more than $100,000/year. Better results, lower costs... that's what business leaders need today.
Engage the top experts, at half the price:
Savvy business leaders invest in the best expertise, not in some other company's corporate overhead. When traditional, mega-size consulting firms put their corporate name on buildings and shirts/hats of professional golfer's, and accumulate massive overhead costs, they have to pass those huge overhead costs onto their customers by charging huge fees. In addition to their extreme rates, they also tend to send an "army of consultants" instead of the one true expert that you really need.
So, look for boutique firms and focused experts that specialize in the area of your needs. They provide the top experts at rates that are HALF of the price of the traditional, mega-sized consulting firms.
Invest in the best resource and best value, not in the mega-firm's corporate overhead.
The Secret Sauce ...
With this approach, you get the familiarity of a seasoned, proven technology leader/expert that is focused on your business, but in a more effective, affordable, modern approach. It's the secret sauce of savvy business leaders today, and is becoming the preferred way CEOs and business leaders acquire the top resources.
Additional insight and resources can be found here.
Mark Johnson is the Chief Executive at Xtrii. He is a proven, 10x CIO, renowned, global technology advisor and business leader.