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KROHN ADVISORY GROUP

KROHN ADVISORY GROUPKROHN ADVISORY GROUPKROHN ADVISORY GROUP
Home
ABOUT US
  • Our Approach
  • Meet the Team
Services
  • Leadership Development
  • Fractional Services
  • Startup Accelerator
Industries
  • Consumer Services
  • Education
  • Franchising
Schedule Consultation
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  • Home
  • ABOUT US
    • Our Approach
    • Meet the Team
  • Services
    • Leadership Development
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    • Consumer Services
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  • Home
  • ABOUT US
    • Our Approach
    • Meet the Team
  • Services
    • Leadership Development
    • Fractional Services
    • Startup Accelerator
  • Industries
    • Consumer Services
    • Education
    • Franchising
  • Schedule Consultation

Understanding the role of Chief Development Officer (CDO)

A Chief Development Officer (CDO) brings experienced development leadership to organizations that need stronger fundraising, partnership development, new venture strategy, and growth planning without adding a full-time executive. They help connect organizational goals with the right funding strategies, relationships, programs, partnerships, and expansion opportunities to support sustainable growth across nonprofits, startups, and emerging ventures.

Development

Build stronger fundraising, donor, partnership, and business development strategies that support long-term growth.

Ventures

Evaluate, launch, and strengthen new programs, services, markets, and business opportunities with a clearer path from concept to execution.

Expansion

Create the relationships, funding strategies, and growth plans needed to help nonprofits, startups, and emerging organizations scale sustainably.

What is a Fractional Chief Development Officer (CDO)?

A Fractional Chief Development Officer, or Fractional CDO, is an experienced development executive who helps organizations strengthen fundraising, partnerships, donor strategy, new ventures, and long-term growth without hiring a full-time Chief Development Officer. For nonprofits, startups, and emerging organizations facing inconsistent funding, limited development capacity, unclear growth priorities, weak partnership pipelines, or a need to launch new initiatives, a Fractional CDO provides senior-level leadership focused on building a more sustainable development function.


Unlike a consultant who may focus on a single campaign, grant, event, or initiative, a Fractional Chief Development Officer works across the broader development function. They help leadership clarify funding priorities, strengthen donor and partner relationships, build development strategies, identify new revenue opportunities, evaluate new ventures, improve pipeline management, and create stronger accountability around growth.


Organizations often hire a Fractional CDO when they have outgrown their current development structure but are not ready to add a full-time executive. This may happen when fundraising is inconsistent, donor relationships are not being developed strategically, partnerships are underutilized, new programs lack a clear funding plan, leadership is exploring expansion, or internal teams need stronger executive direction around development.


A Fractional CDO can also help organizations preparing for their next stage of growth. Whether the organization is launching a new program, developing a new venture, entering a new market, building a donor strategy, expanding partnerships, pursuing sponsorships, or creating additional revenue streams, fractional development leadership helps create the strategy, relationships, systems, and accountability needed to move from opportunity to execution.


The role ultimately connects development activity to broader organizational goals. Instead of treating fundraising, donor engagement, partnerships, sponsorships, grants, and new ventures as separate efforts, a Fractional Chief Development Officer helps create a more unified development strategy designed to strengthen financial sustainability, expand opportunity, and support long-term growth.


For organizations asking how to diversify revenue, strengthen fundraising, build better partnerships, or determine whether a new venture is worth pursuing, a Fractional CDO can provide the executive leadership needed to evaluate opportunities, establish priorities, and build a clearer path forward.

Looking for a part-time executive to help strengthen your development strategy, expand partnerships,

Schedule time to speak with a Fractional Chief Development Officer from Krohn Advisory Group. With more than 20 years of experience in growth, partnerships, executive leadership, and business development, our team brings senior-level expertise to organizations that need stronger development strategy, new revenue opportunities, and clearer paths to expansion without adding a full-time executive.


KAG works with nonprofits, startups, and growing organizations that are ready to strengthen fundraising, expand partnerships, launch new ventures, and build more sustainable growth.

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Where Fractional Chief Development Officers Work Well

Startups and Growth-Stage Ventures

Nonprofits and Mission-Driven Organizations

Nonprofits and Mission-Driven Organizations

Founders and leadership teams launching new products, programs, locations, franchises, or business lines that need senior-level support around partnerships, expansion strategy, and new venture development.

Nonprofits and Mission-Driven Organizations

Nonprofits and Mission-Driven Organizations

Nonprofits and Mission-Driven Organizations

 Organizations that need stronger fundraising strategy, donor development, partnerships, sponsorships, or new revenue opportunities but don’t yet need a full-time development executive.

Established Companies Pursuing Expansion

Established Companies Pursuing Expansion

Established Companies Pursuing Expansion

Organizations entering new markets, launching new business lines, developing strategic partnerships, or exploring franchise and licensing opportunities that need executive-level development leadership.

Founder-Led and Family-Owned Businesses

Established Companies Pursuing Expansion

Established Companies Pursuing Expansion

Companies that have grown through relationships and entrepreneurial momentum but need a more structured approach to business development, partnerships, diversification, and long-term growth.

Fractional CDOs and Advisors at Krohn Advisory Group

Elizabeth Krohn, MBA

Elizabeth Krohn, MBA

Elizabeth Krohn, MBA

Fractional CDO | CMO

Strategic Sales, Systems & Organizational Design

 

Elizabeth is an experienced Fractional CDO and CMO with more than 20 years of experience helping organizations grow, reposition, launch new initiatives, and navigate change. Her work spans development strategy, marketing, revenue growth, partnerships, new ventures, brand

Fractional CDO | CMO

Strategic Sales, Systems & Organizational Design

 

Elizabeth is an experienced Fractional CDO and CMO with more than 20 years of experience helping organizations grow, reposition, launch new initiatives, and navigate change. Her work spans development strategy, marketing, revenue growth, partnerships, new ventures, brand positioning, and executive leadership.


She works with leadership teams to identify where growth and development are being constrained, then builds a clearer strategy around new revenue opportunities, partnerships, market expansion, customer or donor growth, and organizational priorities. Rather than looking at development as a single function, Elizabeth connects it with the broader business strategy to help organizations make stronger decisions about where to invest and how to grow.


Her strength is helping organizations evaluate opportunities, prioritize the right initiatives, and move from idea to execution with greater clarity. She is especially effective with nonprofits, startups, founder-led organizations, and established companies exploring new ventures, partnerships, expansion, repositioning, or alternative revenue streams.


Areas of Focus: Fractional CDO • Development Strategy • New Ventures • Partnership Strategy • Revenue Growth • Market Expansion • Brand Positioning • Go-to-Market Strategy • Executive Strategy

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Lyle Myers

Elizabeth Krohn, MBA

Elizabeth Krohn, MBA

Fractional CDO | CEO

Fractional Executive | VC/PE | Franchising


Lyle brings more than 30 years of experience in business development, franchise growth, entrepreneurship, and executive leadership. His career has included serving as President, Chief Development Officer, founder, and board member across emerging and established franchise conce

Fractional CDO | CEO

Fractional Executive | VC/PE | Franchising


Lyle brings more than 30 years of experience in business development, franchise growth, entrepreneurship, and executive leadership. His career has included serving as President, Chief Development Officer, founder, and board member across emerging and established franchise concepts, with a track record of taking businesses from early-stage ideas through national expansion, investor partnerships, and multimillion-dollar growth.


Lyle’s expertise sits between franchise development, business modeling, and scalable growth. He's built franchise concepts from the ground up, led market expansion strategies, developed strategic partnerships, and negotiated franchise agreements. 


His experience includes building a national franchise system that generated more than $4.3 million in 27 months, supporting a $5 million PE valuation, and developing a new athletic franchise concept that generated more than $1.3M in first-year sales.


Areas of Focus: Franchise Development • Business Growth Strategy • Concept Development • Market Expansion • Strategic Partnerships • Investor Readiness • Go-to-Market Strategy

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Alina Reyes

Elizabeth Krohn, MBA

Alina Reyes

NONPROFIT ADVISOR

Nonprofit | Development | Fundraising


Alina is a nonprofit development and fundraising advisor with more than 15 years of experience across development, higher education, community engagement, social media, and influencer marketing. 


Her background includes work with organizations such as United Way and Miami Dade College, 

NONPROFIT ADVISOR

Nonprofit | Development | Fundraising


Alina is a nonprofit development and fundraising advisor with more than 15 years of experience across development, higher education, community engagement, social media, and influencer marketing. 


Her background includes work with organizations such as United Way and Miami Dade College, along with community-focused organizations that rely on strong relationships, donor support, and public engagement to advance their mission.


She works with smaller nonprofits and growing organizations that need experienced development guidance but may not require a full-time executive. Alina helps teams strengthen donor outreach, fundraising strategy, sponsorships, partnerships, stewardship, and community engagement while creating a more organized and sustainable approach to development.


Her broader experience in social media, influencer strategy, and audience engagement also allows her to help organizations connect fundraising with stronger storytelling, visibility, and supporter relationships. This makes her especially well suited for organizations that need practical, hands-on support across both development and engagement.


Areas of Focus: Nonprofit Development • Fundraising Strategy • Donor Engagement • Sponsorships • Partnerships • Community Engagement • Higher Education • Social Media Strategy

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Frequently Asked Questions

Please reach us at hello@krohnadvisorygroup.com if you can't find an answer to your question.

A Chief Development Officer helps build the relationships and revenue strategies that support long-term growth. Depending on the organization, that may include fundraising, donor development, sponsorships, partnerships, new ventures, market expansion, and identifying new sources of revenue.


Yes. A Fractional CDO can help evaluate the opportunity, define the business or funding model, identify partners, develop the launch strategy, and create a clearer path from concept to execution. This is especially valuable for nonprofits, startups, and established organizations exploring new ways to grow.


A CDO can help reduce dependence on a single revenue source by identifying opportunities across fundraising, sponsorships, strategic partnerships, earned revenue, new programs, licensing, market expansion, and other development channels that fit the organization’s mission and capabilities.


Fundraising focuses primarily on generating financial support, while development strategy is broader. It may include donor relationships, partnerships, sponsorships, community engagement, new ventures, revenue diversification, and long-term growth planning. A strong development function connects these efforts rather than managing them separately.


Development leadership becomes especially valuable when an organization is trying to grow beyond individual campaigns or one-off opportunities. If leadership is exploring expansion, new programs, partnerships, diversified revenue, or a more strategic approach to fundraising, a CDO can help connect those opportunities into a more cohesive growth plan.


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