The ‘practice’ of Interim Management has often been debated and frequently misunderstood by a range of commentators and users of the service. This overview address what Interim Management is all about, with links to the IIM’s Knowledge and CPD Centre.
What is Interim Management?
Interim management is the provision of effective business solutions by an independent, board or near-board level manager or executive, over a finite time span. Such complex solutions may include change, transformation and turnaround management, business improvement, crisis management and strategy development. Interim managers are often experienced in multiple sectors and disciplines.
What are Interim Managers?
Interim managers and executives bring well qualified skills and expertise to bear at short notice, without the overheads and shackles associated with employment. They consult, plan, advise, implement, and embed the lessons, then exit, handling a range of key strategic and tactical interventions. As businesses in their own right, they offer independent expertise, free of company politics, and take responsibility for delivering results, not just offering advice.
Read more about the concept of Interim Management, what interim managers do, how they add value and what the assignment stages are:
- Interim management: Defined
- What interim managers are engaged to do
- The interim management value proposition
- The stages of an interim management assignment
Interim Management ‘Routes to Market’
- (49%) Interim Management Service Providers: Here are links to the leading providers.
- (23%) Prior clients and customers.
- (16%) Networking.
- (6%) Websites and social media.
- (6%) New direct clients.
* statistical data from the 2011 IIM Interim Management survey.