The Challenge: An investor had an existing portfolio company that was showing stagnant growth and mounting operational costs. Despite having a talented development team, there was no strategic alignment between tech decisions and the business vision. The developers, lacking strategic direction, made decisions based on technical feasibility alone, without considering the broader business implications. The SLT and owner, being non-technical, placed their trust in the developers, resulting in delayed deliveries, no clear progress, and growing misalignment.
Our Solution: The Fractional CTO provided strategic leadership, aligning the technical team’s work with the company’s business goals. This included establishing transparent reporting and guiding the developers to ensure technology served the company’s long-term vision. The Fractional CTO’s mentorship allowed the investor to see more predictable growth patterns and better operational efficiency.
Outcome: The intervention saved the investor from escalating costs and delays, ensuring the business started meeting its milestones more effectively. This improved visibility and reporting, allowing the investor to make more informed decisions and boost the overall value of their portfolio.
Key Developer in Portfolio Struggles to Become Effective CTO, Impacting Growth Potential
A key developer in a portfolio company struggled to transition into an effective CTO role, affecting business growth. A Fractional CTO provided targeted mentorship and strategic guidance, leading to leadership growth and better business outcomes