Becoming a business owner after years of experience as a seasoned Human Resources (HR) professional may seem like a daunting transition. However, the concept of a fractional Vice President (VP) of HR has been gaining momentum, offering HR experts an enticing avenue to leverage their skills as entrepreneurs. In this article, we will explore five compelling reasons why a seasoned HR professional would choose to take the leap and become a fractional VP of HR, embracing the opportunities that entrepreneurship has to offer.
1. Autonomy and Flexibility
One key reason why HR professionals may opt for the entrepreneurial path is the desire for greater autonomy and flexibility in their work life. As fractional VP of HR, HR Professionals have the freedom to select their projects, clients, and the duration of their engagements. This level of control enables professionals to build a balanced lifestyle and choose projects that align with their values and passions.
2. Wider Impact and Greater Influence
Transitioning into a fractional VP of HR presents an opportunity to make a broader impact beyond the confines of a single organization. As an entrepreneur, HR professionals can work with multiple clients across various industries, positively influencing the culture and people strategies of multiple businesses simultaneously. This larger scope allows for a more profound and transformative impact on organizations and their employees.
3. Continuous Professional Growth
Being a fractional VP of HR exposes professionals to diverse challenges, industries, and organizational structures. It provides an opportunity for constant learning and growth, as each new engagement offers something unique to enhance their skill set. Entrepreneurs in this role refine their abilities to adapt quickly, think strategically, and tackle complex HR challenges, leading to a continuous improvement of their professional expertise.
4. Building a Personal Brand
As a fractional VP of HR, professionals are not just offering their skills and expertise; they are also building a personal brand within the industry. By consistently delivering excellent results and establishing themselves as trusted experts, entrepreneurs can gain recognition, which opens doors to speaking engagements, writing opportunities, and consulting partnerships. A strong personal brand provides a launching pad for future business ventures or the ability to expand their influence through thought leadership avenues.
Becoming a fractional VP of HR offers seasoned HR professionals an appealing opportunity to embrace entrepreneurship while building on their extensive experience. The autonomy, flexibility, wider impact, continuous growth, financial rewards, and personal brand development are all compelling reasons to consider taking the leap. By leveraging the skills honed within the HR field, professionals can carve their own paths, shape organizational cultures, and become influential leaders in championing effective people strategies across multiple organizations. If you are a seasoned HR professional contemplating your next career move, the role of a fractional VP of HR is definitely worth exploring.
