Definition & benefits of Interim Management

Temporary management is an effective and prompt solution with the help of experienced and flexible specialists and experts for all kinds of challenges a company might face. – Without the necessity of long-term commitment, but rather purely result- and project-oriented.

Interim Management offers the following advantages:

• Speed/Short notice – Often the assignment of a manager is possible within a few days and with minimal (formal) effort for the commissioned business.
• Experience – Interim Managers are experts in their field. They have worked in their field of expertise for years and are often overqualified for the assigned position.
• Knowledge Transfer – Due to this professional experience, the Interim Managers have a lot of expertise which they are willing to share with their new team colleagues in the project.
• Objectivity – Aside from the necessary sensibility for the individual needs of a client, the Interim Manager will focus on his assignment and avoid political or personal obstacles in a company.
• Results – Interim Managers are always judged by their performance and the completion of the assignment.
• „Delivery“ – Yes, temporary managers are available as consultants but simultaneously they achieve results and integrate themselves actively into company operations.
• Cost minimization – Interim Managers do not receive compensation. They pay their own health insurance, vacation and pension fund. They only get paid for the days they actually work for you.
• Support – the Managemnet Angels as quality service provider supports you and the Interim Manager during the entire process.

Where can Interim Managers be most effective?

Managing periods of transition

For example: challenging market conditions, the acquisition of significant new business, the introduction of a new technology, managing the transition after changing government legislation.

Project management

In the current economic climate, public and private sector organisations need specialist skills in staffing a major project – avoiding to increase headcounts or provide the short-term expertise.

Interim Management solutions enable companies to acquire highly qualified professionals with relevant experience, who can identify the problems and deal with any risks and issues and deliver all objectives on time and on budget.

Leading innovation and development

Interim management embraces a range of professional disciplines. For organisations planning to develop innovative new products or services which require specialist expertise that falls outside their in-house skills, interim management can be the perfect solution.

Crisis management

Where a senior executive resigns from an organisation or is absent for a prolonged period of time and no one from the existing management team has the experience to take on the role, an Interim Manager can usually be appointed within days. Under sound financial control, the business continues to move forward, seamlessly – dispelling anxiety amongst shareholders.

Corporate restructuring

Directors of organisations undertaking an MBO, an IPO or, for that matter, a merger or acquisition, have often had little hands-on experience of corporate restructuring or dealing with the host of potential staff, resource and location issues that so often accompany it. Armed with the relevant commercial and strategic skills – an Interim Manager ensures immediate access to the knowledge and understanding required.