Canopy Advisory Group

The Rise of the Gig Economy: A Significant Economic Force As we navigate an ever-evolving labor market, the gig economy is emerging as a critical component of the U.S. economy and beyond. Recent data reveals some striking trends: In 2022, 39% of the American workforce engaged in freelance work, a notable increase from 2021. This shift demonstrates a growing acceptance of flexible work arrangements and highlights the increasing demand for independent talent. Hiring managers are taking notice, with 66% of those surveyed planning to ramp up their utilization of freelancers in the next two years, according to Upwork's Future Workforce Report 2022. This trend signals a significant shift in how businesses are structuring their teams and accessing specialized skills. The economic impact of this gig workforce is substantial. Freelancers contributed a remarkable $1.35 trillion to the U.S. economy in annual earnings in 2022, marking an increase of $50 billion from the previous year. On a global scale, the gig economy is estimated to account for up to 12% of the labor market, generating an impressive $5.4 trillion in revenue in 2021. As we witness this growth, it’s essential for businesses to adapt and embrace the opportunities that come with a diverse and flexible workforce. At Canopy Advisory Group, we’re committed to connecting organizations with top-tier independent talent, empowering companies to thrive in this new landscape. ------------------ Discover the value of fractional hires and seamlessly integrate fractional resources into your business strategy. Learn more about how Canopy Advisory can empower your team and drive growth. ?? Visit us at www.canopyadvisory.com #Consulting #Expertise #FractionalWorkers #CanopyAdvisory

We’re excited to welcome Rutherford Pascal as an Expert Advisor on the Canopy team in the area of Leadership and Business Strategy. Rutherford is a highly accomplished Senior Sales Executive and the Founder & CEO of Glass Walls Leadership, where he specializes in transforming good leaders into great ones through personalized coaching, dynamic group training, and impactful keynote speeches. With over three decades of experience across Fortune 100 companies, Rutherford has consistently driven sales growth, revitalized stagnant markets, and built high-performing teams. https://lnkd.in/gmERJGZP Fractional employment is a strategic approach to talent management in the modern workplace. For companies pushing the boundaries of innovation, fractional hires offer a way to access the experience and skills needed to fuel growth without the overhead of full-time executive positions. If you’re interested in learning more about the value of fractional hires and how to integrate fractional resources seamlessly into your business we’re here to help. #Consulting #Consultants #HireExperts #Fractional

You’ve hired the right fractional expert, finished all of the prep work, and scheduled your all-staff meeting and introductory meetings with your key internal team members. So that means you’re ready for day one of your fractional project…right? Not quite. As you’re focused on the tasks above - all of which are certainly critical to the success of the engagement and kicking the project off on the right foot - make sure you don’t overlook access. Even if you have every other element in place, a lack of access and not enough attention to detail on logistics can slow or stall your project at the time when momentum and progress are most important. To help you ensure that your fractional expert or experts have what they need to work with your team on day one, start by answering these questions: ? Most broadly, what does your fractional expert need to integrate themselves into your workflows and organization at large? ? Will they be logging and submitting their time? ? How will they share and receive files? ? Will they be tracking changes and viewing shared documents? ? Will they need access to internal shared folders? ? Will they be using internal communications tools like Slack or Teams? ? Will they be using your organization’s email (or need an email address of their own within your domain)? ? Will the expert need access to your content management system and/or your social media accounts? ? What other custom/unique systems do you operate that the expert might need access to (i.e., log in to the back-end of your website, custom versions of software platforms, etc.)? Since every organization and fractional relationship is different, there may be questions you would add or remove from this list in your specific situation. The outcome will be the same: digging as deeply as possible into the details on access and logistics with the goal of having your fractional expert feel like the transition into supporting your business is nearly seamless. _____________________ Interested in learning more about the benefits of bringing fractional workers into your business? Canopy can help you find the right expert, onboard them quickly, and ensure a speedy and successful engagement. Send us a DM for more details or visit us at canopyadvisory.com?

At Canopy, we believe in the strength of collaboration and community. Our network is made up of incredible professionals and forward-thinking companies, and we’re passionate about fostering connections that drive meaningful growth. Through our thought leadership events and tailored talent matching, we support both our clients and the talented professionals we work with. It’s about more than just filling roles—it’s about creating opportunities for success on both sides. Sign up to be a part of the Canopy network and stay connected with everything we’re building: https://eepurl.com/izKvTs #ThoughtLeadership #FractionalExpertise #ConsultantHelp #FractionalWorkers #CanopyAdvisory

"Fractional executives offer businesses the expertise they need, exactly when they need it, providing scalable leadership without long-term commitments.“ As businesses face shifting markets and growing demands, the rise of fractional executives has created a new paradigm in leadership. These seasoned professionals bring tailored, high-level insights on a part-time basis, helping companies pivot, innovate, and grow—especially when the cost of a full-time executive isn't feasible. At Canopy Advisory Group, we see this trend transforming the future of leadership, offering companies the ability to secure top talent while remaining agile and efficient. Explore more about how fractional executives are shaping the business landscape in this article: https://lnkd.in/giHP8Jhs #Consulting #Expertise #FractionalWorkers #CanopyAdvisory

We’re excited to welcome Eric Whol to the Canopy team as a Human Resources Expert Advisor. Over a 30+ year career, Eric has built and refined a valuable set of generalist and specialist skills in the human resources and venture advisory space and is well known for his demonstrated success in multiple industries building start-ups and mature global organizations. Eric is recognized for creatively and collaboratively developing and delivering progressive people strategies to drive high levels of employee engagement which result in measurable business value and transformational capabilities. https://lnkd.in/gkYmPZnk Fractional employment is a strategic approach to talent management in the modern workplace. For companies pushing the boundaries of innovation, fractional hires offer a way to access the experience and skills needed to fuel growth without the overhead of full-time executive positions. If you’re interested in learning more about the value of fractional hires and how to integrate fractional resources seamlessly into your business we’re here to help. #Consulting #Consultants #HireExperts #Fractional

More than one third of American workers already participate in the Gig Economy, and those numbers continue to swell upward. The steady march of high performers and talented experts away from full-time jobs and toward fractional and freelance work will affect the future of work in a variety of ways. The most notable will be a shift in the U.S. workforce from teams composed mostly of full-time employees to blended teams (a combination of full-time, freelance and fractional team members). Many organizations are already using some version of a blended team to great effect, so the concept is not new. What’s new is the forecast that, over the next few years, more teams than not will be using a blended approach to hiring and completing projects. We will see blended teams go from an idea used by a limited pocket of progressive leaders and companies to a generally-accepted way to complete projects more quickly, make better financial and people decisions, and become more effective and profitable as a business. Even the stalwarts, those older, larger and more established institutions, will begin staffing their teams and empowering their own leaders to staff their teams with a mix of full- and part-time employees. The organizations who will be the biggest winners when the shift toward blended teams becomes the norm will be those who experiment with hiring fractional and freelance employees to build out their teams in the near term. Because the best way to learn how to most effectively integrate fractional and freelance experts into your business is by learning how it actually works within your organization. Every organization is different, and those nuances matter, as they’re part of who you are. The term blended is telling here, as it means that these hires must be looked at and treated as part of the team. That means hiring a fractional expert instead of a full-time employee in certain scenarios, bringing on a freelancer to split tasks with in-house employees instead of only giving the freelancer the work nobody wants to do, allowing fractional leaders the flexibility and leeway to develop strategy. In other words, solving many of the same business challenges in a different way. Those that start now will be those who thrive as we usher in a way of working that benefits both the organization and its employees. __________________________________ Ready to join the leading edge of the fractional movement? Canopy can help you find the right expert, onboard them quickly, and ensure a speedy and successful engagement. Send us a DM for more details or visit us at canopyadvisory.com?

Canopy continues to be a thought leader in the Colorado business community. Check out our Resource Library for articles, videos, and webinars by the Canopy team and consultants that cover relevant topics in the business and nonprofit worlds. ???Explore our resources here: https://lnkd.in/eM6pc7cD #FractionalExpertise #ConsultantHelp #FractionalWorkers #CanopyAdvisory

"To build your best team, you need to understand exactly where your organization is today, where it’s going, and how you plan to get there." Our CEO and Founder Griffen O'Shaughnessy shares how she thinks about team structure both within Canopy and in terms of clients.

Fractional Executives Could Be the Key to Unlocking Your Company’s Growth "Fractional executives bring expertise at a fraction of the cost, offering businesses flexibility and specialized knowledge when it's needed most.“ As companies face mounting pressures to remain agile and competitive, fractional executives are becoming an increasingly popular solution. These leaders bring the kind of strategic thinking that drives innovation, transforms operations, and helps businesses scale—without the commitment of a full-time hire. By utilizing fractional talent, businesses can access specialized skills and experience tailored to their current needs, while keeping costs lean and efficient. Whether a company is looking to expand, navigate a transition, or develop new strategies, fractional executives provide the leadership needed to reach new heights. Explore this article from the Yale Ledger to learn more about why your company might benefit from fractional leadership: https://lnkd.in/eJC3PJyW #BusinessStrategy #Growth #ExecutiveTalent #FractionalWorkers #CanopyAdvisory