http://outsourcedcfo.googlepages.com/OCxO-MgtNxt-0802.pdf
An interesting concept of the outsourced CxO is mooted in a article by Mr. Jayant. As per him it should be possible for the SME segment to outsource some of the C level roles like CIO/CTO/CMO etc as these organizations may not require full timers on these roles and may not be able to afford. Some of the requirements of such a O-CXO would be to be able to work in start-up mode/’chaos, available 24×7, earn respect based on day-to-day activity, ethics etc. However I do agree that this is a different model that SME can work on but how this model is different from the consultants who help organizations to address certain issue, for e.g., if the issue is about the marketing a product, why not employ a consultant with clear goals and why require a O-CMO? Also with O-CxO I guess it will be difficult to layout the clear responsiblity and make this outsourced executive accountable for the results. Because defining a measurable KPI for activities done by CXO is difficult. No?
Also if the outsourced C level executive works for more than one organization in the similar capacity then how does the executive make sure that the ideas proposed (or derivative of that idea) is not shared with other organization and there is no conflict of interest. In the existing software outsourcing model, this concern is addressed by having physically separated facilities by the outsouced companies.
