Date of Award

Fall 11-21-2025

Document Type

Dissertation

Degree Name

Ph.D. in Business

Organizational Unit

Daniels College of Business

First Advisor

Yashar Atefi

Second Advisor

Ali Azadani

Third Advisor

John Sebesta

Fourth Advisor

David Altounian

Copyright Statement / License for Reuse

All Rights Reserved
All Rights Reserved.

Keywords

C-suite gig economy, Fractional leadership, Future of work, Part-time work, Self-determination theory, Transaction cost economics

Abstract

This dissertation investigates the fractional leader, a rising trend in small and medium enterprises (SME), startups, and nonprofits. Across three studies, the author examines the dimensions of the fractional leader, why organizations are engaging with fractional leaders, and why intermediaries in the market for fractional leaders are emerging. In study 1, the author focuses on defining what a fractional leader is and understanding the motivation for an executive to become a fractional leader through qualitative interviews with practicing fractional leaders across a range of business functions, including executives who lead business activities such as sales, marketing, operations, finance, and information technology. Findings show that the fractional leader is typically working for more than one client, is engaged for their leadership experience and specialized skills, and is pursuing autonomy, competence, and relatedness, the three needs explicated by positive psychology’s self-determination theory. Fractional leaders are seeking self-determination. Study 2 expands the robustness of this research by also examining multiple case studies from two fractional placement services to understand why companies and organizations engage with fractional leaders, drawing on the resource-based view and dynamic capabilities from strategic management. The fractional leader is a new strategic factor in the factor market, giving SMEs, startups, and nonprofits the ability to improve agility and dynamism at a more affordable cost. In study 3, using the qualitative interviews and archival documents, the emergence of formal and informal intermediaries in the market, such as fractional agencies, placement firms, and communities, is explored, relying on transaction cost economics and its links to intermediary emergence. These intermediaries can lower transaction costs and reduce market inefficiencies by providing trusted fractional leaders and services to firms. Together, these findings advance classic theories and contribute to practice by defining what a fractional leader is, identifying their motivating factors, illuminating why SMEs and organizations are engaging with fractional leaders, and finally, explicating why formal and informal intermediaries are emerging.

Copyright Date

11-2025

Publication Statement

Copyright is held by the author. User is responsible for all copyright compliance.

Rights Holder

Christopher Michael Palmisano

Provenance

Received from ProQuest

File Format

application/pdf

Language

English (eng)

Extent

78 pgs

File Size

781 KB

Available for download on Thursday, December 09, 2027



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