Interim Management - Definition
Interim management provides ready access to highly qualified executives and managers, on a short-term basis. It is a powerful alternative to traditional consultancy based solutions and it can be relied upon to deliver good value. It offers clients a means for rapidly and effectively managing business-critical projects, such as those involving restructuring or change.
Interim management is increasingly acknowledged as a flexible and effective resourcing solution for private and public sector organisations.
The Interim Management Sector
The interim management sector is estimated to be worth £1bn (source: The Interim Management Association). The Interim Management Association review of the market cites the estimated number of interim executives to be 10,000 - double the figure forecast just two years ago.
Roles
Our interim management associates are dedicated practitioners, who thrive on variety and challenge. They are selected for their industry and / or function experience. They can operate at all levels in executive and senior line management, project or specialist positions.
- At executive level, interim management provides a route to strategic advice and subsequently to implementation management.
- Line management roles include interim management of a function, or management of specific projects, typically handling critical aspects, such as transition or change.
- Interim management specialists are used for troubleshooting and specific consulting assignments, often as a scoping study for a larger project or operations assignment.
