Unlike interim leaders, micro-CEOs usually split their time across several companies. And Unlike consultants, they have the authority to set and implement the strategy.
For example, during the pandemic, Dallas micro-CEO Nauman Bonga helped three clients facing bankruptcy renegotiate with vendors and find other sources of financing.
Andy Vaughter, president of MPS, a McKinney, Texas, company that designs and manufactures sound masking solutions, has worked with several micro-executives.
Jim Wilson/The New York Times