Interim Management

What is Interim Management?

Interim Management gives you instant access to a senior 'heavy-weight yet hands-on' manager, an 'in the trenches' manager with a proven track record of success that matches your business and/or your groups needs.

Fundamentally an organization may choose to pursue the interim management route because the role in question is not a permanent position or a permanent executive/manager cannot be found fast enough or simply.

Interim Operations Management offers clear advantages where an owner/executive is otherwise engaged with:

an acquisition or divestiture.
new products or services.
focus on sales initiative.
ownership transition.

It is good to remember that, unlike traditional consultants, interim managers are:

Implementers as well as strategists, analysts and planners.
Flexible to do what you need, as you need it.
On your team to deliver your strategy, they are hands-on.
Generalist capable of covering a multitude of areas and functions.

Value Proposition

- en.wikipedia.org/wiki/interim_management.

Return On Investment (ROI): Interim Managers add value by using their skills and expertise to help deliver an outcome, solution, service or mitigate risk that provides a meaningful 'Return on Investment' to a client. Interim Managers are paid on the understanding of goals and objectives being performed and delivered and not simply on the basis of attendance.

Speed: Interim Managers can be in place within days as opposed to weeks or months which is essential when time constraints are paramount. Being practiced in engaging promptly with the situation, they become effective quickly upon joining a client organization. Because of their experience and expertise, Interim Managers also conduct and complete assignments effectively and with due speed.

Expertise: Interim Managers typically operate at a senior level in the client organization, often being sensibly over-qualified for the roles they take on. They often bring skills and knowledge not otherwise in place, to address a specific skills gap or problem. Their experience and expertise enables them to be productive and make a noticeable impact from the outset, maximising the likelihood of success.

Objectivity: Unencumbered by company politics or culture, Interim Managers provide a fresh perspective and are able to concentrate on what's best for the business. Being independent operators, they are able to contribute honestly without constituting a threat to the incumbent management team. Not being part of a larger business they are not pressured to unnecessarily extend their assignment.

Accountability: Rather than taking on a purely advisory role, Interim Managers are managers who will take responsibility for and manage a business or project in their own right. They expect to be held accountable for results and by being instrumental in an assignment's successful delivery. They give clients the peace of mind that the Interim Manager has stewardship of the project in hand.

Effectiveness: Operating at or near board-level gives Interim Managers the authority and credibility to effect significant change or transition within a company. Unlike a 'temp' , they're not just there to 'hold the fort'. They actively add value to the client organization as a result of their expertise and approach, even when the work and the decisions to be made are difficult.

Commitment: Interim Managers maintain high professional standards because their future work relies upon referrals and a successful track record. They therefore have a stake in the success of the assignments that they undertake. This contrasts favorably with other 'temporary workers' who may also be seeking 'permanent employment' or simply motivated by a day rate or extending their tenure.

Duration

By The Day - A day well focused is time enough to listen, observe, document, assess and obtain insight into a project, assignment or opportunity. Time enough for an Advisor and Coach to set things in motion.

There are two days in the week about which and upon which I never worry... Yesterday and Tomorrow. - Robert Jones Burdette

By The Week - A week is time enough to affect, influence and get a sense of an organization and its leadership style. Clarifying the scope of many opportunities or completing some projects and beginning other assignments.

A committee is a thing which takes a week to do what one good man can do in an hour. - Elbert Hubbard

Long-Term Assignment - A long-term assignment is as much about teaching, coaching and building a team, as it is about delivering results, and creating & documenting processes.