Benefits of Interim Management
The concept of interim management is one that fits seamlessly with how businesses operate today given the much faster pace of change that exists across all sectors...
What Makes a Successful Manager?
Similarly, to hire new full-time personnel for the role is a lengthy process and one that comes with attendant risks and costs.
Enter the interim manager, who effectively parachutes in complete with the skill set required to immediately commence the project in hand and make an impact from day one.
The following points outline the wide range of other benefits attributable to the interim manager.
Versatility
The versatility and calibre of the individuals providing interim management services means that specific expertise can be brought into the organisation quickly and effectively, precisely when the need arises.
Lasting impact
The interim manager will complete the assignment efficiently within a specified timescale, usually measured in months, but the legacy will be a strong, positive impact on the organisation for years to come.
Independence
Permanent members of staff have a vested interest in remaining in post and maintaining the status quo. In contrast, the interim manager is independent of any internal politics and is prepared to challenge the regime to bring about necessary changes.
Stabilising effect
In times of change and transition, the expertise and experience of the interim manager can be brought to bear to help steer a steady course through the turbulence.
Fresh perspectives
The status quo can be fatal and on-boarding an interim manager who is not afraid to challenge it brings a fresh perspective that will drive change and growth.
Much more than a consultant
Consultants are renowned for taking your watch and then telling you the time! Not so the interim manager. Consultants generally have little or no “coal face” experience and have a vested interest in providing knowledge and guidance on a long term basis whilst retaining ownership of their know-how. In contrast, the interim manager aims to design and create the system based on real experience and then build the skills base within the organisation to operate it.
Passion for imparting knowledge
The driving force of the interim manager is an insatiable desire to impart knowledge and expertise to a wide audience. Working for one organisation long term simply does not satisfy this need and therefore project based, interim roles are the perfect vehicle for sharing their unique expertise.
Laser focus
The interim manager has the luxury of being able to undertake a specific project and not become embroiled with other issues within the organisation. Highly motivated and driven, their hallmarks are great attention to detail and a laser focus on producing excellent results in a timely fashion to augment their portfolio of expertise.
Results orientated
Interim managers are goal-oriented and focused on accomplishing the mission. At the outset they establish KPIs against which the outcomes may be measured effectively.
Interim management is here to stay and makes commercial sense on many levels, sometimes making the difference between success and growth or stagnation and decline.