After a recession that most interim managers hoped would not dent interim management but sorely did*, the interim market is probably back to business as usual**.
So in 2014:
We would like to take the opportunity of setting out a prospectus for interim management that encapsulates what the Institute of Interim Management (IIM) is going to do for the interim community, with its stakeholder community including clients, interim service providers and professional bodies, and key to our prospectus, what the IIM will do to support and accelerate the success of its individual personal members and new joiners to our organisation who fund what we do and as they say, there is strength in numbers.
Why do we need to do this?
Interim management remains poorly understood by many clients, some agencies and often by government. It is not acceptable to treat such ignorance with a shrug, so we much reach out to those communities with clear and joined-up information for the sake of all our personal members and the wider community including genuine new entrants. There will doubtless be plenty of individuals who as the interim market improves view our working style as an easy port in a storm, so we would like to give professional interim managers a stronger platform to differentiate themselves from the fly-by-nights. In short the IIM has a stake and a role to help to develop the interim market, to find accelerated routes to market an to support professional interims managers in their endeavours.
What we will do?
The what is about expanding our suite of offerings to help our personal members and the wider interim community, specifically:
- Promoting interim management: The concept and individuals
- Lobbying on behalf of our sector to government and business
- Connecting interim managers to each other and to routes to market
- Safeguarding interims businesses with protective insurances and services
- Supporting the operation of interim companies with some shared facilities
- Educating professional interim managers with masterclasses on our profession
In 2014 we will develop a joined-up prospectus that addresses the above areas and adds offers to fill further gaps. Some of the existing items are already listed under the IIM’s benefits offering.
How we will do it?
It is not enough to publish a popular survey or to run a large LinkedIn group.
Proper influence and support for our community requires a body where individual interim managers are willing and gain personal benefit from putting their skin in the game.
Simply put, the ‘how’ involves the Institute of Interim Management offering a suite of activities that makes personal membership a no brainer and therefore through the size of our organisation we have enough funds and individual assistance to really make a difference to our market niche. For proper clout we need to be bigger and that helps us all.
Whilst the IIM bats above its weight, it is run by a small cadre of individuals, that must change. We can achieve much more for the interim community by a large number of people doing a few things than a small number of people doing many things, and that changes stars here with the establishment of our Executive Committees and the first of our Executive Workshops on the 21st January 2014.
Who will do it?
Our first Executive Workshop on the 21st January 2014 might include you.
Speaking very personally for a moment, my own choice to get involved with the Institute in 2008 was driven by a keen desire (with the recession in mind) to become very good at being an interim manager and the IIM has helped me to do that multi-fold. I’ve proved it to myself – supporting the IIM with some of your time has an impact on your market visibility and routes to market. One of the challenges faced by the IIM Board – a challenge we would like to share and distribute – is that we are largely overcome with assignment and other work. Offers of help may start altruistically but they can boost your personal brand and routes to market.
IF you are:
- An interim manager wishing to support the goals of the IIM (above) who is willing to consider future personal membership of the IIM if their support of the IIM’s activities are helpful to them.
- An IIM interim management member (or applicant) wishing to support the goals of the IIM (above) who is willing to give further personal help to the IIM’s activities and thereby enhancing their own membership.
Then please attend our Interim Executive Workshop event in London or on conference call/online on the 21st January 2014.
When and Where will we start to do this?
As we said, our Interim Executive Workshop event is on the 21st January 2014, both in London but also on conference call and online.
Interim managers don’t wait for things to happen to them, they make things happen.
You can personally contribute to your chosen way of working with benefits to you.
Please don’t sit on the sidelines waiting.
Drop me a line at firstname.lastname@example.org if you have any questions and thanks for your support.
Ad van der Rest MIIM
[* Interim management is thought to be counter-cyclical and thrives in tough times, but the 2008-9 recession significantly impacted client spending power despite the need, so it was certainly rough during the recession and faltering recovery.]
[** More about exactly how business as usual the interim market actually is will be assessed in the IIM interim management survey 2014. www.iim.org.uk/survey]