Interim Management can be described as the rapid, hands-on resolution of business problems by highly experienced senior executives hired on a short-term basis of typically 3-9 months.
An interim manager is typically an all-in-one project manager, consultant and senior executive working at or very close to board level.
Typical benefits of interim management are:
• Rapid initiation and commencement from initial decision
• Minimum recruitment and termination formalities
• Quick results achieved by generally over-qualified interims who are achievement and result driven – flexibility is prime
• Interim managers bring broad skills and experience and transfer this to the client’s team – happy to inject ideas
• Full ownership taken and will not just make recommendations but implement actions and improvements
• Clear objective definition, regular progress reports and performance measurement
• Provides the opportunity to see what can really be achieved and the standards which can be attained – revitalises an operation
Typical situations when interim management is helpful
• Sudden departure of key personnel/skills shortage
• Closing down or selling off a facility
• Major change initiative needed
• Launch or start up of new business
• Business survival and turnaround
• Personal development and mentoring
• Maternity leave/long term absence
If you believe your business would benefit by appointing one of the i2i partners as an interim manager call us today – 08456 44662
