When to recruit the Interim Manager
IMA members appoint Interim Managers to undertake assignments with change management as the common theme. As illustrated below the assignments broadly fall into two categories Project/Programme Management and Gap Management.
Project/Programme Management - Interim Management, the alternative to retaining a management consultancy
- The Client is planning to undertake a strategic or tactical project and is broadly clear on what needs to be achieved but the organisation does not possess the relevant knowledge and proven skills to deliver. Assignments range from tactical project management to full business transformation.
- Interim Managers lead programmes to create or extend shared services, manage outsourcing (UK and offshore), M&A - due diligence to integration, facilitate and lead restructuring, organise relocations, implement new technology, risk and regulatory systems.
- In the past the Client used a management consultancy to undertake this work but today these tasks are successfully delivered, and at significantly cheaper daily rates, by retaining Interim Managers.
- Clients value the simplicity of the contract, the Interim Manager's relevant experience and focus on delivery, hand-picked by a member of the IMA.
Gap Management - Interim Management, the alternative to hiring on a permanent basis
- The Client has a role, the leadership of a function or business area, a senior and key brief in the management structure. The need can be created by a variety of different circumstances - promotion, secondment, restructure, resignation, peaks of activity, maternity leave or health related. The bottom line is, the client does not have the in-house resource capable of undertaking the role and progress must not be lost.
- Whatever the cause, the IMA member will select a suitably qualified and experienced individual to fulfil the brief to recover, accelerate or maintain momentum, and for the exact period required. The Interim Manager can also help to hire the replacement, mentor and coach the team.
- Clients value the simplicity of the contract, the Interim Manager's relevant experience and focus on delivery, hand-picked by a member of the IMA.
