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| | The Business Finance,Taxes and Business Operations Network is not currently active and cannot accept new posts | | Out-Sourced CxO (CEO / COO / CFO / CMO ......) - A concept who's time has come | Views: 1276 | | Nov 23, 2006 6:13 pm | | Out-Sourced CxO (CEO / COO / CFO / CMO ......) - A concept who's time has come | # | 
Jayant Tewari, OutSourced CFO | | Would appreciate member reactions to a concept I've been propounding .... the time for Functional super-specialists, the ultimate CxO's to participate in the development of SME's on a time-sharing / organisational multiplexing model. I've been doing it myself for the last 3 years, as an 'Out Sourced CFO' and its been the most satisfying period of my career .... reactions ? Private Reply to Jayant Tewari, OutSourced CFO | | Dec 09, 2006 5:09 am | | re: re: Out-Sourced CxO (CEO / COO / CFO / CMO ......) - A concept who's time has come | # | 
Angelo Cerase | | As interesting as your idea is, I do have an issue with outsourcing the CEO position. You can outsouce 99% of a company's employees, but I feel you can't outsource the CEO.
Every decent organization needs a leader or a few leaders - ones with a vision for the future. You need to have at least some sort of stake in the company to do that. And you need to have a permanent postion to care where the company is headed. A 'temp' generally does not.
You can outsource managers, but you cannot outsource leaders, and the CEO is the head leader.
AngelohPrivate Reply to Angelo Cerase | | Dec 17, 2006 3:08 am | | re: Out-Sourced CxO (CEO / COO / CFO / CMO ......) - A concept who's time has come | # | 
Uma Basso | | Our firm works with quite a few different CFO "outsourcing" companies and have had some very positive experiences. We've also had some "not so positive" experiences, which comes with the territory. For the most part, I think it's proven to be a very powerful resource for smaller companies that cannot afford a full-time CFO, COO, etc... with a strong resume.
The CEO position may be a challenge as far as outsourcing, as mentioned in the previous post. However, I have seen companies outsourcing this position on a temporary basis as they are going through a significant transaction (acquisition, becoming a public entity, etc...). It helps to provide the company with initial direction - but I'm not sure I would agree to this on a regular basis.
Good luck with what you are doing - I think it's a good concept.Private Reply to Uma Basso | | |
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