Interim / Fractional CPO
Not every brand is ready for a full-time Chief Product Officer, but many need that level of direction now. LMV Sourcing steps in on an interim or fractional basis, setting product direction, managing the team, and putting the processes in place for whoever takes the seat next.
What's included
- External product direction
- Team management
- Process implementation
Not every brand is ready to hire a full-time Chief Product Officer, but many need that level of direction now, whether during a fundraising round, a leadership gap, or a product function that has outgrown informal management. LMV Sourcing steps in as an interim or fractional CPO to cover the role without the commitment of a permanent hire.
External product direction
Fractional CPO engagements set product direction across strategy, sourcing, quality and operations, the same disciplines a brand would expect from a permanent hire, scoped to what the brand actually needs right now rather than to a fixed job description.
Managing the team in place
Outsourced product direction still means managing people, not just advising them. LMV Sourcing works directly with the existing team, running the meetings, reviews and decisions a CPO would normally own, so the function keeps moving rather than waiting on a hire.
Leaving something behind
Part of a fractional CPO engagement is building the processes a permanent hire can walk into later: clear ownership, documented ways of working, and a team that already knows how to run the cycle. Engagements are scoped case by case, from a few days a month to several days a week, depending on brand size and stage.
To scope a fractional CPO engagement against where the product function stands today, get in touch.
Questions
How much time does a fractional CPO engagement typically involve?
It varies by brand size and stage, scoped case by case, from a few days a month to several days a week.
Is this a placeholder for a future full-time hire?
Often, yes. Part of the engagement is usually leaving behind a team and process ready to hand off to a permanent hire.
Next service
Product & collection strategy