What is a fractional COO?
It is a chief operating officer you take on for part of the month. Take a firm of thirty people where the owner does the operations job in the evenings, after the selling and the hiring. A fractional COO does that job with you for a set number of days a month. The decisions stay yours.
What does a fractional COO focus on?
I look at six things. The meetings the business is run through. The written processes. The obligations register and the risk register, and who owns each line. Suppliers. Staff competence and the records behind it. The monthly report. Compliance and quality are my specialisms, so I check each of the six against the law, your licence, your contracts and the standard you work to.
How many days a month does a fractional COO work?
Two to four. We agree the number before I start and it goes into the written agreement. If the work needs more than four days a month for long, you probably need a full-time person, and I will tell you so.
How is the fractional COO different from the Fractional Compliance and Quality Lead?
The Fractional Lead looks after one system, your compliance system or your quality system, for two days a month. The fractional COO is the wider job. I chair the monthly review. I look at your suppliers and at who is signed off to do what. The monthly report covers the whole operation. If your compliance file is the only thing nobody owns, the Lead will do.
Can you act as a director or hold a regulated role?
No to both. I am not a director of your company and I do not sign for it. A role that needs the FCA's approval or a Gambling Commission personal licence stays with the person in your firm who holds it.
Do you work across the UK, the EU and Malta?
The practice is run from Malta and takes work in the United Kingdom, across the European Union and in Malta itself. Some days are on site and some are remote. We settle the split when we agree the days. For the national law of another member state I work alongside a local adviser.
How do we start?
Use the contact page to outline your organisation, the pressure you are under and roughly what you need. You will get a straight answer on fit, scope and how the work would run, usually within a couple of working days.