What is an Interim Manager?

If only business ran like a merry go round and not a roller coaster! 

But, that is the way it is –  a series of ups and downs.

One of the ongoing challenges is “how do I make sure I’ve got the right number of people, with the right experience, at the right time, in the right place!” – enter Interim – a group of experienced been there, done that professional executives, available precisely when you need them, and at the end of the engagement with your objectives met walk away, no politics, no strings attached.

Working with Interim Management means tapping into an endless supply of knowledge and experience, when you have an immediate business need.  You don’t have to spend 3 months recruiting, no fighting for a full time headcount, or settle with an inexperienced, under utilised internal resource.

Interim Managers are not Management Consultants.  While the Interim process starts with the diagnosis and assessment of the situation, the Interim Managers play an active role in your business and own the transition.  They may be assisting with the day to day operations, or the implementation of a new project or initiative.  Then you have the opportunity to utilise the Interim’s experience and expertise in the exit phase by involving them in the recruiting and bedding down of a new operational manager if that is what the situation demands.

All this from someone who is untouched 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 free to contribute honestly without being a threat to the current management team.

 

… a wealth of real experience across a range of industries

 

Interim Managers have a wealth of real experience across a range of industries.  They are as diverse as the roles that they fill, ranging from functional specialists to leaders of business units with revenues of hundreds of millions of dollars. You may choose to use your transition manager for a range of initiatives, use them to head a strategic initiative, break into an international market, as a sounding board, get them to mentor a young executive, or just tap into their knowledge base or network to solve some ongoing issues.

What sort of “transition” are we talking about?

Interim managers, through the very experiences that have led them to your door, are used to being “thrown” into challenging situations.

Examples of the types of situation that suit Interim Managers are:

  • Assisting with major change or transformation projects
  • Bedding down mergers and acquisitions
  • Filling the void from an unexpected vacancy due to an executive leaving, illness, internal promotion, secondment etc
  • Helping implement internal initiatives – eg new business divisions, projects, products or  services
  • The need to implement a new strategy
  • A major restructure requiring additional temporary support
  • Crisis management

 


“Nothing endures but change”  (Heraclitus c.500 BC)

Leave a comment

Your email address will not be published. Required fields are marked *