What is Interim Management
No matter the size of an organization, there may be situations where a senior level position needs to be filled quickly and finding the perfect permanent candidate has proven difficult.
Interim Management provides a solution to this issue through the provision of management resources and skills by an independent, senior level manager or executive over a predetermined period of time. Interim Management is frequently used in periods of transition, crisis, business improvement or change within an organization and is becoming an increasingly common practice.
Professional interim managers provide organisations with a seasoned flexible capability and resource to achieve a wide range of outcomes. They add value in their ability to transfer skills and competences into organisations and to drive outcomes in all circumstances.
What to expect from an Interim Manager
Interim managers are often experienced in multiple sectors and disciplines. Interim managers bring well-qualified skills and expertise at short notice, without the costs and constraints associated with permanent employment. They consult, plan, advise, implement, and then exit, handling a range of key strategic and tactical interventions. As businesses in their own right, they offer independent expertise, free of company politics, and take responsibility for delivering results, not just offering advice.
How can Interim Management add value
Interim Management is growing in popularity for several reasons. The following factors are common components of the value added by interim management:
- High-impact. Interim managers are experienced in making a significant difference quickly, assessing and adapting to company culture.
- Speed/availability. Interim managers are available at short notice. Once engaged, they will focus on providing significant value within the agreed fixed-term time parameters, seeing the assignment through and for not longer than needed.
- Independent. Interim Managers bring a fresh perspective to organizational challenges and remain in a position of neutrality.
Senior. Interim managers have experience operating at a senior level, providing them with applicable knowledge and credibility. Suitably well qualified, they advise then deliver effective solutions.
- Wide expertise. With a strong track record of completing a variety of assignments, interim managers typically combine depth and breadth of expertise in their chosen sectors and disciplines. Their agility gives them the wide reaching expertise to deliver results quickly
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