Frequently asked questions

How Interim Management works

Some of your questions answered about Interim Management

Interim management is the temporary supply of an individual with management expertise into an organisation. These individuals will typically be experienced business leaders who are able to manage an organisation through a period of change or transformation, provide stability to a business following the sudden departure of a senior leader, or provide a highly specialised skill set which a business may not have internally.
The return on investment when hiring the right interim manager for your business can be substantial. When a company is in crisis, often the cost of failure to deliver change far outweighs the cost of hiring an interim manager. Their skills and experience can be applied to many different scenarios. The use of interim managers is increasingly being considered as an effective and positive way for companies to achieve their business objectives and obtain highly specialised leadership skills at crucial times.

Interim managers are experienced professionals who bring industry knowledge and expertise that is independent and as a consequence able to offer insight and value towards a specific goal, with quickly realised ROI. The main benefits are:

1.    Timescales

Interim managers are available to start at very short notice with minimum recruitment or termination formalities

2.    Experience

Interim managers are experienced professionals, used to working completely autonomously, and need very little direction to get started and make a real difference to your business

3.    Results Driven

Interim managers are judged by results and know that they have to deliver

4.    Learning Curve

The skill, contacts and knowledge that an interim brings to your business will be transferred to your team and remain long after they have left.

5.    New Perspective

While sensitive to the company’s values and culture, having no previous history with your business means they can look at the situation objectively and with clarity. Personalities and politics won’t affect decisions on what’s best for the business.

6.    Action

They can act as counsel to the Board while rolling up their sleeves to help deliver the strategy too.

 

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