You Don't Need a Full-Time CPO. You Need Product Leadership.
by Jonathan Simmons, Founder
The CPO Hiring Trap
Your product team is struggling. Priorities are unclear. Features ship but don't move the needle. Stakeholders are frustrated.
The obvious answer: hire a Chief Product Officer.
Except:
- It takes 6 months to find the right person
- They cost $250K+ plus equity
- They need ramp time to understand your business
- They might not work out—and then you're back to square one
Meanwhile, your product problems compound. Opportunities slip away. Competitors ship.
What if the answer isn't a full-time hire?
What You Actually Need
When companies say "we need a CPO," what they usually mean is:
- "We need someone to prioritize our roadmap"
- "We need product strategy that connects to business goals"
- "We need someone to make hard decisions"
- "We need our team to execute better"
- "We need stakeholder alignment"
That's not a job title. That's product leadership.
And product leadership doesn't require a full-time executive. It requires the right expertise, applied consistently.
The Full-Time CPO Math
Let's do the math on a full-time CPO:
- $250K+ salary (conservative)
- 6 months to hire (if you're lucky)
- 3 months to ramp (minimum)
- Minimum 2-year commitment (to make the hire worth it)
That's nearly $600K and 9 months before you see real value.
And here's the kicker: most of that time, they're not doing CPO work.
They're in meetings. They're managing HR issues. They're handling internal politics. They're dealing with stuff that has nothing to do with product strategy.
The actual high-value work—the strategic thinking, the prioritization, the decision-making—might only be 10-20 hours a week.
You're paying for a full-time person to do part-time strategic work.
The Fractional Alternative
What if instead of hiring full-time, you got product leadership on-demand?
- Start immediately—no 6-month search
- Pay only for what you need—20 hours a month, not 160
- Get deep expertise—15 years of product leadership, not someone ramping up
- Scale up or down as your needs change
- Test before committing—if it doesn't work, adjust
That's what fractional product leadership looks like.
What Fractional Actually Means
Fractional doesn't mean "part-time." It means right-sized.
I work with clients 2-4 times a month. In those sessions, we:
- Define product strategy that connects to business outcomes
- Prioritize ruthlessly so teams know what matters most
- Make key decisions that were stuck in committee
- Unblock the team by providing clarity and direction
- Align stakeholders so everyone's rowing in the same direction
Between sessions, your team executes. I'm available for questions, but I'm not micromanaging. I'm providing strategic leadership, not tactical management.
And here's the thing: this is often more valuable than full-time.
Why? Because I bring:
- Fresh perspective—I see patterns you're too close to notice
- No political baggage—I can tell you the truth without career risk
- Deep expertise—15 years across dozens of companies, not just one
- Forcing function—our sessions create accountability and momentum
When Fractional Works
Fractional product leadership works best when:
You need strategic clarity, not tactical management
If your problem is "what should we build and why?"—fractional works. If your problem is "we need someone to run daily standups"—fractional doesn't.
You have a capable team that needs direction
If your team can execute once they have clear priorities—fractional works. If your team needs constant handholding—fractional doesn't.
You're in growth mode, not scale mode
If you're figuring out product-market fit or launching new initiatives—fractional works. If you're scaling a proven playbook with 50 PMs—you probably need full-time.
You want to test before committing
If you're not sure what good product leadership looks like—fractional works. If you know exactly what you need and have budget to spare—hire full-time.
When You DO Need Full-Time
Don't get me wrong—sometimes full-time makes sense:
- You have multiple product lines that need constant oversight
- You have a large product team (10+ people) that needs daily leadership
- You're at scale and need someone in the weeds constantly
- You need someone who can own internal politics and organizational design
- You have budget and runway to make a long-term bet
But if you're a startup, mid-stage company, or launching something new? Fractional is almost always the smarter move.
What You Get with Product Matter
When you work with me fractionally, here's what you get:
Strategic sessions (2-4x per month)
We meet regularly to:
- Shape product vision and strategy
- Prioritize features and initiatives
- Make key product decisions
- Review progress and adjust course
Ongoing guidance
Between sessions, I'm available for:
- Quick decisions that can't wait
- Feedback on plans and proposals
- Escalations when things get stuck
Team enablement
I work with your existing team to:
- Make better product decisions independently
- Build frameworks for prioritization and validation
- Level up their product thinking
Stakeholder management
I help you:
- Align leadership on product direction
- Translate between business and technical stakeholders
- Navigate politics without getting stuck
Flexibility
As your needs change:
- Scale up when you're launching something big
- Scale down when things are humming
- Transition to full-time hire when the time is right
The Economics
Let's compare:
Full-time CPO:
- $250K+ salary
- 6+ months to hire
- 2+ year commitment
- Fixed cost, whether you need them full-time or not
Fractional CPO:
- $10-15K/month (roughly)
- Start immediately
- Month-to-month flexibility
- Pay only for what you need
Over two years:
- Full-time: ~$500K minimum
- Fractional: ~$240-360K for the same strategic value
You're getting the same strategic leadership at half the cost—and you can start today.
How to Know What You Need
Ask yourself:
Do we need constant product oversight? → Full-time Do we need strategic direction and key decisions? → Fractional
Is our problem execution? → Full-time (or management, not CPO) Is our problem clarity? → Fractional
Can we wait 6 months? → Full-time might work Do we need help now? → Fractional
Do we have $500K+ and 2 years to commit? → Full-time Do we want to test first? → Fractional
The Truth About Product Leadership
Here's what I've learned after 15 years: most product problems don't require full-time leadership to solve.
They require:
- Clear strategy
- Ruthless prioritization
- Good decision-making frameworks
- Consistent accountability
You don't need someone in the office 40 hours a week for that. You need someone who can bring clarity, make hard calls, and empower your team to execute.
That's what fractional product leadership delivers.
The bottom line: Hiring a full-time CPO is slow, expensive, and often overkill. What you actually need is product leadership—clear strategy, ruthless prioritization, and good decision-making.
And you can get that starting today, at half the cost, with the flexibility to scale as you grow.