Interim Management by Value Management Partners

Interim management is the ultimate in flexible senior-management resources. Employed for a fixed term and cost, and targeted to achieve specific goals, they are a highly productive and cost effective resource. We are a special breed of manager, highly experienced executives (frequently overqualified for the specific role), who enjoy solving your business issues.

A professional interim manager...

• Is available on short notice.

• Hits the ground running.

• Is sensibly over-qualified and experienced for the task in hand.

• Is a cost effective alternative to permanent, highly paid executives.

• Gets results fast.

• Supplies an independent perspective to management.

When would you need an interim manager?

• You have a sudden gap to fill caused by absence or resignation.

• You have a sudden increase in workload.

• You are launching a project but do not have the required skills in house.

• You are embarking on a restructuring or cultural change and need resource and expertise.

• You have a situation which requires evaluation, recommendation and implementation.

How can an interim executive add value to your business? Well, before you retain an interim executive you must identify your need and evaluate the parameters of the task.

• Define the nature of the project, the key tasks and the timeframe of the job. Do not underestimate the size of the job.

• Consider your management team. Is anyone in-house suitable for this task?

• Examine your motives for choosing an interim manager. What are you trying to achieve that could be best done by an outsider?

• Decide the caliber of person you need. Do you need an advisor – in which case you might choose a consultant? Or, do you want someone to run things? An interim should be able to do both.

• Analyze your need. What are the qualities you are seeking? Determine the balance of expertise and experience the job requires. How important is it that an interim understands and empathizes with your corporate culture?
   

An interim assignment can last anywhere from 2 to 52 weeks. An interim executive with relevant experience and a good track record can be the answer to a company’s prayers. However, it's a critical decision, so it is important to put time and effort into making sure you’ve got the right person for the job.