1. What is interim management?
2. Who are interim managers?
3. When am I likely to need an interim manager?
4. At what level do interim managers operate?
5. Surely the interim manager will need weeks to get to know my business?
6. How much does an interim manager cost?
7. Can a small company afford to use interim management?
8. How do I know I have the right person?
9. How will using an interim manager affect the permanent staff?
10. If interim managers are so good, why are they not in permanent employment?
11. What if I want to offer an interim manager a permanent position?
12. What happens when the job is completed?
13. What if an interim manager turns out to be unsatisfactory?
14. How can I be sure that interim managers are reliable?
15. What is the difference between interim managers and management consultants?
16. Who uses interim management?
17. Where can I obtain an interim manager?
1. What
is interim management?
The Interim Management service is usually provided by an individual to an organization arranged by a professional intermediary handling selection, legal contracting knowledge, resource guarantee, insurance package, coaching and help desk. The Interim Management service is the provision of additional or complementary management resources where and when they are needed. It is also a quick alternative way of recruiting executives using candidates ready to take on board assignments from 3 months up to several years. Interim Management is not the same as consultancy. A consultant remain outside the organization rather than within it.
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2. Who
are interim managers?
They are experienced hands-on executives
and managers with proven track records. They are not 'has beens',
nor are they 'between jobs'.
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3. When
am I likely to need an interim manager?
The need to use an interim manager
can occur at any time when additional management expertise is required:
-
for a growing company, startup or close down
-
to improve a company's performance
- to 'hold the fort' and filling the gap during the recruitment of a new manager
-
when there is an excessive workload, backlog or an unexpected increase in business.
- to build up new business in emerging markets.
- opening up a new market
- managing a one-off project
- acquiring a new subsidiary company
- a very quick alternative to retained senior executive search, often just a matter of days
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4. At what
level do interim managers operate?
All executive and management levels
from Chairman to line manager.
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5. Surely
the interim manager will need weeks to get to know my business?
An Interim manager is selected
for a client because s/he knows the client's industry and has the skills
to be effective from day one.
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6. How
much does an interim manager cost?
This depends on the management skills
and experience required. However, the cost is comparable with the
total cost of employing a permanent manager, taking account of all employee
costs such as
-
National Insurance
-
pensions
-
health insurance
-
company car
-
payroll costs
-
relocation costs, etc.
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7. Can
a small company afford to use interim management?
Because of the way in which they
have developed, small companies often lack management skills in one or
more disciplines.
For example, a company founded on
a technical idea may have development, engineering and production skills,
but lack marketing and financial expertise. It may be difficult to
justify employing full-time marketing and finance managers. The requirement
for expertise may be on an 'as and when needed' basis, perhaps one or two
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8. How
do I know I have the right person?
Interim Management will choose and approve
two or three candidates with the expertise and ability to meet your needs.
It will be up to you to choose which of them best suits your requirements.
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9. How
will using an interim manager affect the permanent staff?
Experience shows that interim managers
are made welcome for a number of reasons:
-
they bring skills and experience to
the company
-
their appointment is a positive management
decision
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10. If
interim managers are so good, why are they not in permanent employment?
Interim managers have chosen interim
management as a career. They like the challenge, variety, flexibility,
risk and reward that it offers.
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11. What
if I want to offer an interim manager a permanent position?
Very few interim managers are interested
in a permanent job. However, there are always exceptions. Discuss
it with Interim Management. A recruitment fee will be charged if an appointment
is made. This will have been agreed as part of the Interim contract
with you.
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12. What
happens when the job is completed?
The contract comes to an end and
there are not any termination costs. You may need further help in
the future or need a monitoring service. Interim Management managers
are always available to provide this when required.
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13. What
if an interim manager turns out to be unsatisfactory?
Interim Management will change the interim manager
with your approval.
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14. How
can I be sure that interim managers are reliable?
We interview, take references, make other checkups and
approve all interim managers ourselves.
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15. What
is the difference between interim managers and management consultants?
Interim managers are doers. They
are 'hands-on' managers employed to do specific management tasks.
Management consultants are advisors. They make recommendations.
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16. Who
uses interim management?
All organizations, from major global groups to small family-owned businesses, from public sector to non-profit.
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17. Where
can I obtain an interim manager?
At Interim Management International in any of our offices in the Nordic countries Sweden, Denmark, Norway and Finland we can give you all of the professional help and advice you need.
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