As an executive, the Chief Technology Officer (CTO) plays a pivotal role within an organization, serving as a dedicated full-time professional. However, with the trend of omnipresent outsourcing, a fundamental question is - can an outsourced CTO work efficiently as a decent and safe solution?
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As an executive, the Chief Technology Officer (CTO) plays a pivotal role within an organization, serving as a dedicated full-time professional. However, with the trend of omnipresent outsourcing, a fundamental question is - can an outsourced CTO work efficiently as a decent and safe solution?
In modern startups and IT-related firms, the Chief Technology Officer (CTO) is a vital figure. They're the ones who plan, strategize, and communicate key tech decisions, typically being a crucial part of the top management team.
While top CTOs may not experience the same level of household recognition as figures like Elon Musk or Jeff Bezos, their impact is undoubtedly profound. Companies in the tech realm, including giants like Uber, Snapchat, HubSpot, Amazon, and countless others, owe a significant portion of their success to the strategic brilliance of their CTOs.
So, what are the typical responsibilities in the role of a Chief Executive Officer?
Technically, a Chief Technology Officer can work part-time, full-time, or on an hourly basis, allowing extra flexibility. However, considering the CTO's responsibilities and role, a full-time commitment is often necessary. So: can you actually benefit from working with an outsourced CTO, who is not a part of your company on a daily basis?
A short answer is: yes, you can.
In the era of trending IT outsourcing, using CTO as a Service is also expanding, indeed. It is applicable mostly to midsized companies that don't require a permanent CTO position, but still wish to benefit from leadership, technical expertise, and supervision over software development cycles or software development teams. This model aligns well with their needs and offers a cost-efficient alternative to hiring a full-time expert.
However, although there are numerous companies that already benefit from working with an outsourced CTO, the question is: does this model align with YOUR specific requirements and objectives?
CTO outsourcing undoubtedly comes with a number of benefits for the company:
On the other hand, CTO outsourcing also comes with a set of drawbacks such as:
So, how to make sure that your outsourced CTO will be a good fit for your company? Let's delve into the essential expertise to seek when evaluating potential candidates. What key professional attributes should you prioritize in your search for a CTO?
On the other hand, hiring a good CTO based on having an idea about a certain product, project or need will not be easy. Research, learning, looking at the competition, validating the idea, talking to different people, building prototypes and mockups, and offering a stake in the company’s future may help convince them to join your team. Then, before you go on a hunt, make sure your idea is thoroughly prepared and compelling enough to attract your target.
With all of the above in mind, we assume you do want to try out hiring an outsourced CTO. But how and where to find the right professional?
There’s actually a niche for CTO outsourcing on the market with services like ctooutsourcing.com, outsourcedcto.co.za, and lots of other companies and individuals working to help non-technical people grow their businesses. However, hiring for a CTO position requires opting for safer options. One of them is reaching out to outsourcing companies offering CTO as a Service model.
Would you like to try CTO as a Service? Or maybe you're already looking for an experienced outsourced CTO who would manage your software development team and software developers? Don't hesitate to contact us. We have years of experience offering "CTO as a Service" and working with professionals who can provide you with top-notch IT advice and confidently act as your Head of IT within this framework.
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With over 12 years of professional experience in the tech industry. Technology passionate, geek, and the co-founder of Brainhub.
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