Reasons to use Interim Managers

Reasons to use Interim managers

Today’s world is full of rapidly growing daily challenges. The effect of crisis or changing market, challenge companies repeatedly. If optimal crisis management is not provided, a company cannot thrive successfully. To make changes sustainable, right approach needs to be implemented with exemplary leadership and appropriate communication framework. This not only requires personal stability also requires competent flexible resources. An interim manager in change and agile management is ideally suited. 

Interim Managers are highly specialized, experienced, professionally qualified, with a track record of delivering similar projects across many sectors and companies. Interim managers usually report at board level and bring key skills and knowledge to address a skills gap or a problem. Because of their ability and background, they can fit within the organization at senior level and complete assignments effectively and speedily. They can give a fresh viewpoint free of personal interest, preconceptions or existing political traditions and loyalties within that company. 

Interim Managers are not just advisers, or there to make up the numbers, it is a hands on make it happen role. They are accountable for results, to actively add value to the client based on their expertise and deliver a solution that provides a meaningful return on investment (ROI). Interim Managers have the authority and credibility to effect significant change or transition within the company. 

Interim Managers are “Temporary provision of management resources and skills. Brought in for a short-term assignment to manage a period of transition, crisis or change within an organization. A permanent role may not be required, or internal resources are not available to take up that position.” They come from Finance, Procurement, IT, HR, Operations, Customer Service, Marketing, Manufacturing, and many other areas to fill that urgent business critical gap. 

Reasons to use interim managers: 

Turning around an ailing business due to financial issues 

Introducing significant strategic change or direction to the business 

Handling company mergers and acquisitions or closures 

Launching a new product to the marketplace 

Transformation and Programme management 

Mentoring, coaching, and team development 

Establishing a new role which will subsequently be filled permanently 

Filling a temporary senior vacancy that has occurred