Interim Management is the rapid delivery of experienced ‘hands on’ executives for a defined period of time to deliver outcomes, implement change, fill unexpected gaps, restructure the organization, turn around under-performing projects or divisions or deliver a critical project.
2. InterimManagement.com2
Objective
To rapidly achieve
business results
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Interim Management is the rapid delivery of
experienced 'hands on' executives for a defined
period of time enabling organizations to:
implement change
fill unexpected gaps in a company
restructure the organization
turn around underperforming projects or divisions
deliver a critical project or a programme
start a new venture or expand into new market
boost effectiveness of the management team
What is Interim Management?
What is Interim Management?
3. History of Interim Management
InterimManagement.com3
Started in The
Netherlands
Expanded throughout
Europe. Most notably
France and Ireland.
Worth over $1.5B a year.
Continuous
expansion and
increase
1980 1990 2000 2010 2020
Expanded into UK,
Germany and Belgium
Adopted in US and
Australia. Started
expanding into Asia. Now
worth over $5B a year.
4. Return on Investment
Comparable costs to
permanent execs
More cost-effective
than management
consultants
Compensation linked
to results
InterimManagement.com4
Expertise
Often sensibly over-
qualified for the
roles
Experience from
various assignments.
Likely handled
issues similar to
client problems
Speed
Can start in days
Experience and
expertise = effective
quickly
Focused on
achieving results
quickly because of
their reputation
Accountability
Accountable for
implementing a
solution. Not just
advising.
“Interim Managers
only as good as their
last assignment.”
Interim Management Value Proposition
5. Step 1 Step 2 Step 3 Step 4 Step 5
Interim Management Assignment Lifecycle
InterimManagement.com5
Entry: Preliminary
assessment and
definition of scope and
objectives
Proposal: Detailed
Interim Management
assignment objectives
and plan.
Exit: Interim Manager
ensures that
objectives have been
met. Knowledge
handover
Diagnosis: Research and
identification of issues. On
‘gap’ assignments this runs
in parallel with handling of
immediate issues.
Implementation: The
Interim Manager takes
responsibility for managing
the intervention, project or
solution.
6. 1
2
3
Track record of quantifiable achievements
Characteristics of a good Interim Manager
4
5
Expertise in a particular field
Major change/project/turnaround experience
Gravitas, credibility and leadership capabilities
Adaptability & ability to hit the ground running
7. Interim Manager Management Consultant
An interim manager is hired as an independent person
on the basis of his or her personal abilities and
reputation.
A consultant generally works through an agency and is
hired on the basis of the agency’s merits more so than
his or her own reputation.
An interim manager will always try to cut costs and
improve company effectiveness to achieve
organizational goals as quickly as possible. This will
assist in building his or her reputation.
A consultant may try to push additional services or
“stretch out” the service to increase his or her own
revenue or that of the agency.
An interim manager does not only advise on the
situation, he or she also implements measures to solve
the problem.
A consultant does advise on a situation, but will not
implement his or her own advice.
An interim manager reports directly to you, the
employer, and not through a third party agency, so you
are well informed and there is no conflict of interest.
A consultant reports back to his or her agency, who
then reports to you, costing valuable time and other
resources.
An interim manager works with your own team,
provided by your company as you see fit.
A consultant works with the people he or she chooses
and brings them into your company instead of
adapting to work with the people you already have.
Interim Managers are usually specialists in their
particular fields. Their experience is vast and relates to
the particular field that you hire them for.
Consultants generally do not specialize in one area,
but are a “jack of all trades” in business.
InterimManagement.com7
Differences between Interim Managers and
Management Consultants
8. Broader
responsibilities
within the
organization.
People management
responsibilities.
Focus on longer term
business objectives.
Focused on
implementing a solution.
Hired temporarily and
hence not considered a
threat.
Expertise in a particular
field or industry.
No people management
responsibilities (except
‘gap’ assignments)
Permanent
Executives
Interim
Managers
No conflict. Interim Managers and Permanent Executives in
client organizations are complementary
Permanent Executives and Interim Managers
10. Identify objectives and desired attributes, skills and attitude for
the assignment.
Submit your requirements to InterimManagement.com by filling
in a form or by email on info@interimmanagement.com
Search of InterimManagement.com network and database is
conducted. Listing of suitable candidates is drawn up within 72 hours
and provided to you.
Client approves a shortlist of candidates for interview. Client interviews
are held and reference checks completed. Interim Manager
appointment decision is made and start date agreed.
InterimManagement.com10
Step 4
Step 3
Step 2
Step 1
How to engage an Interim Manager
11. Over 30,000 pre-
vetted Interim
Managers in our
global database.
We only engage
top performing
senior executives
with proven track
records.
100% focused
on Interim
Management.
We operate
globally and
across all major
industry sectors.
The use of Interim
Management
generally demands a
rapid response.
Our business
processes and global
around-the-clock
operation enable us
to provide tailor-
made solutions
within days, often
less.
Leading global provider of Interim Managers
InterimManagement.com
InterimManagement.com – Who are we?
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