Frequently Asked Questions
FAQ’s about Partnering with a “Limited Time Executive”
1.Why would I want to hire a “Limited Time Executive”?
a. Your company is not willing to create a full time
position at this time but you believe you need someone who
will be objective and bring in some new outside ideas without
the full time cost.
2. What is your primary area of expertise?
a. Previous executive positions in fleet management,
some exceeding 4000 vehicles, the “LTE”
has held positions as VP of Operations, VP of Maintenance,
Truck Parts Business Founder/Owner and VP of Distribution
for a $1.5 Billion convenience store petroleum company. This
career built a foundation in operations, maintenance, leasing,
fleet management, purchasing, legal support and pure management.
3. Just what can you or your company do for us?
a. Drive change, tutor, reorganize, and simply raise
the bar of Fleet Management.
4. As a president or person of responsibility, why
should I consider this?
a. It allows you more time in building and growing your
business. It gives you opportunity to have a veteran on your
staff without a full time employee.
5. Our maintenance person won’t like this?
Will he or she accept this?
a. They will positively accept the level of knowledge,
experience, and the tutorship style of motivation, raising
their level of experience and knowledge.
6. What is their advantage?
a. This allows them to have their own personal professional
advisor, gaining professional growth and raising self esteem.
7. How do they use the “LTE”
service when you are not on site?
a. He or she can always make contact by telephone or
other communication methods at most any time.
8. This may work well for him/her but what about
me, or possibly my staff?
a. There are many reasons, but in reference to the maintenance
manager, most of the time he or she does not understand the
business side, so the LTE becomes the go between, spending
the necessary time to explain the needs of the company in
their own language.
9. What does that mean? Why can’t I do that?
a. Your are the power and authority, sometimes not understanding
their level of comprehension, their lack of experience, or
the patience or time to do so. It allows some translation
or explanation of each others position on the subject matters.
10. How do we figure ROI? I am not sure I want to
spend the money.
a. This is calculated from negotiating new equipment,
purchasing, PM practices, labor productivity, organization,
reduced turnover, lower CPM and motivating leadership. In
some cases the real question is "What other options do you
have that make sense at this time?" You need to build and
protect “Blue Sky”
value in this area.
11. How do you charge for these services?
a. This is determined by the needs of each company and
its requirements along with the terms of the agreement. A
fee sheet is available once a determination is made for the
parties to partner together.
12. How long a time is required for a “LTE”
to be beneficial?
a. Some companies require more time than others but it
usually starts out with a 6-12 month agreement based on 2-4
days per month. In most cases, after the first 6 months, it
is usually reduced, that is based on necessity and other cost
reducing opportunities.
13. How long will the “LTE’s”
involvements continue?
a. Some as little as 6 months and some exceeding 4 years
and still ongoing. The “LTE”
is a partner, not a consultant, part of the staff and a limited
time VP equivalent, serving the needs with full time responsibility
but paying on a “Limited” time
basis.
14. Do you have a concentrated area in any one industry?
a. No, we have experience in agricultural, petroleum,
refuse, construction, leasing as well as truck load, refrigeration,
direct store delivery, and other various vocations.
15. What is you geographical area?
a. Services have been provided in the US, Canada, and
Mexico and we are not limited to North America.
16. What size business are you targeting?
a. Size does not matter. All businesses have different
requirements. The larger the company, the greater the opportunities.
Smaller companies have greater needs because "the big
boys" can afford more experienced staff. We have no restriction
on providing this unique service of a “Limited
Time Executive”
working in the boardroom, the shop floor level, or anywhere
in between.
17. What is the first hurdle to overcome?
a. Picking up the phone to have the first conversation.
18. Why would that be an issue?
a. A lot of owners and presidents do want the help but
need a higher level of experience, counsel with wisdom, and
a different philosophy. Someone who can be the voice of reality
with no fear of Friday’s paycheck. “Tell it like
it is”, an “LTE”.
a “Limited
Time Executive”
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