Interim management-Professional People

The interim management value proposition

There are several factors that make the interim management offer increasingly popular and cost-effective to client organizations. These factors are characterized as a ‘value proposition’ that interim managers offer to their clients. Although there is some variation at the margins of interim management (with temporary workers, freelancers, contractors and consultants) the following factors are typical of the interim management value proposition: ...

The interim management assignment lifecycle

Interim assignments vary in scope and requirements, encompassing change management, ‘gap’ assignments, project management and turnaround management. The following stages of the ‘assignment lifecycle’ are typical of how interim managers enter into an assignment, achieve and carry out the actual implementation, and finally exit the assignment.

The early stages have much in common with consultancy, as do later stages with project management, but the accountability and responsibility that interim managers have for successful analysis and delivery of a fitting solution is what makes these stages uniquely typical of the interim management approach.

Uses of interim management

There are a number of different business situa- tions that could result in the need for an interim manager. Typically these could be situations such as crisis management, sudden departure, illness, death, change management, managing change or transition, sabbaticals, mergers and acquisitions, and project management. The functions of an interim manager are almost endless, thus the scope of an interim managers skill set is quite unique.

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