Where Fractional Executives, Productized Services & AI Meet: The New Paradigm
Nancy Fox - The Productized Services Fox
Product WYZE?? guides consulting & fractional exec firms to scale with recurring revenue & subscription productized services | Service As A Product System - playbooks, courses, subscriptions, customized networking plans
A year ago, who could have imagined how deeply embedded AI would be in our daily lives?
To most of us - professionals, consultants, fractional executives- it seems like AI magically appeared on the scene suddenly.
Not so! I'm in awe of how long and hard thousands worked on AI so that we could just click and exponentially expand our capabilities - in seconds!
Because I have found myself employing and deploying AI in so many ways I never thought I would or could, I thought it would be helpful to share some of this with you to get your brainstorming juices flowing.
Productized Services: Scalability Meets Customization
More and more, busy trusted advisors and fractional executives tell me they are grappling with a good dilemma:
They are too busy with clients.
To scale, they have limited choices: hire employees or do more work themselves.
They continue to ask me for ways they can productize themselves - replicate themselves without hiring people.
We are using AI to show our clients how to add productized services and package their know how in new and more advantageous ways - for them AND their clients.
Why? This model bridges the gap between one-to-one consulting/fractional engagements and the ability to provide subscription-based productized services.
Because of AI, we no longer have to make a productized services be a cookie cutter experience.
They can easily be customized but still provide a repeatable framework, ideal for both consultant and client.
This is why productized subscription-based services are gaining traction.
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Fractional Executives: High-Level Expertise on Demand
As we've seen, the rise of fractional executives allows companies to tap into C-suite level talent without committing to full-time salaries.
AI Is The Efficiency Multiplier
Your ability to help your clients via AI to operate with greater efficiency, automate routine tasks, help them work in new ways they don't have the experience or time to learn gives you elevated appeal and credibility with clients and helps you serve more people with efficiency.
As AI capabilities grow, it's becoming an indispensable tool for businesses of all sizes.
Your knowledge and application of AI-driven tools will be your competitive advantage with many clients.
The Intersection: 5 Ways To Grow With AI
The convergence of these three trends is creating a powerful new paradigm for business operations and growth:
At Product WYZE??, our product development division helping service professionals add recurring revenue with subscription-based productized offers to their clients, we've taken AI a step further.
We created a specialized GPT called The Subscription Strategist. We married our product development super powers with the genius of AI to create this proprietary tool to helps devised specialized offers and plans for those wanting to scale in new ways.
We've used AI in product development, business planning, video creation, course creation, marketing, and more.
We are at a marvelous inflection point of business strategy, productivity, and AI innovation.
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Have a dozen ideas of how you could productize but not sure which to launch? That's our jam.
Let's talk - book a WYZE Discovery Call to move from "I've got lots of ideas" to your rewarding productized recurring revenue offer.
NYC Master Chair & CEO Coach @ Vistage NYC | Leadership Development
3 周Nancy Fox - The Fractional Fox It's exciting to see how technology is reshaping the consulting landscape and empowering professionals to scale effectively! I appreciate these concrete and innovative examples.
Founder & CEO, AJC PMO: Execute your most important projects without a costly full-time Project Management Office
3 周This is an interesting conundrum. Thank you for sharing how these opportunities can connect.
CEO Peer Group Coach | Business Advisor
3 周Thank you Nancy You made me think: AI takes care of the routine so we can take care of the human aspects
President at Optimize | Keynote Speaker at Vistage Worldwide | Forbes & Inc.com Contributor | Expert Strategy Facilitator
3 周Interesting, and an intersection I had not considered. Thanks for sharing this
SVP Commercial Banking
3 周Nancy- Thank you for this post. AI is going to change everything and you post brings up some really interesting opportunities for the future of AI.