Wednesday, 11 April 2012

Interim Management – Powerful Approach to Restore a Falling Business

The idea of interim management was introduced in Netherlands in the 1970s during the time the country is experiencing an oil crisis. Because of this the need for a highly trained and efficient management team was launched that saw the creation of executive interim management. It spread out instantly to other countries. For instance, in Europe, the popularity of such approach has increased steadily. The most stable employer of interim managers is the public sector. The interim and management recruitment usually takes place if a crisis takes place in a company and the present staff was not able to deal with the problem. If the company is having major business issues, for instance failure and losses to meet the business aims, interim managers will be hired. The question now is who is interim manager?

An interim manager is specialized person in business issues who is hired on a short term basis with the objective of providing solution for the present business problem. The amount of time and resources allocated in recruiting a manager on regular basis is cut off. The manager reports directly to his employer.. It assures efficient feedback on the task the manager is doing.

Unlike management consultancy, interim management involves the actual implementation of the business strategies by the interim manager. This means that whatever business strategy the interim manager comes up with, he will be responsible for their implementation with the aim of solving the current business problems. It is therefore a "safe" strategy for a business to employ an interim manager to solve any short term business problems that the company may be facing.

The executive search for interim managers is based on their previous achievements. The employment of the manager is on individual basis unlike management consultants who work through an agency and get their employment from the agency's reputation. Interim managers therefore work hard to accomplish the assignments given to them by their employers since this will go a long way to building their careers . They will therefore work efficiently to cut the costs and improve the effectiveness of the business. Those specialised in marketing will come up with strategies that will improve the sales of the company's products.

Interim management is therefore a great means that businesses can use to tackle problems they may face and achieve appropriate solutions at minimum costs.

Interim and Executive Recruitment – The Key to Success of any Organization

Getting the right individual to do the job appropriately at the proper time is the key to the success of any company. Thus, the business focuses more on the recruitment process. Recruiting is both money and time consuming process, particularly if getting someone for executive or management level spot. More essentially there need to be some experts in order to hire the best individuals for this position.

Also the recruiting individuals for interim management spots are starting to become famous. Interim management allows the business to have professionals working on specific target on provisional basis. In this way targets may be obtained effectively and also fast and as an outcome of that, this is recognized to have a better profit. But for a business it is a true challenge to discover the appropriate senior interim management candidates.

As a solution to these issues in the corporate business some human resource providing business has been established. Most of the organization offers their services for interim and executive recruitment are famous. These providers have huge network interim management experts and if their clients require some candidates for certain project, the human resource companies assign some of its best individuals that they have. Also the client has the ability to select the best individual for the job without spending money, effort and time too much.

The primary advantages of getting such companies to recruit interim management experts instead of the human resource division is that, the client may hire senior interim supervisors with massive knowledge and experience to do the job. With this kind of project it is best to have a senior interim management acting as the team leader because they have not only the talent and knowledge but the leadership and experience as well. Having these individuals as the team leaders ensure that the team will be effective and the objectives will be obtained.

The Basic Things you need to Know about Interim Management


According to experts, Interim management is the fast stipulation of senior executives to manage transition or change. In layman’s term, it is a highly specialized and experienced executive that you may hire in your firm for a limited period of time to make the needed improvements in your business to solve the problem. He is an expert in project management and will not only function as a consultant and provide you advice, but solve the problem, as well.

There is a great difference between the interim managers and the management consultant. Although, it may look that they have the same role, but they have different functions. Actually, an interim manager is a management consultant. However, a management consultant is not an interim manager. The interim managers will improve the effectiveness of the business in order to achieve company goals as fast as possible and make sure to cut costs. He reports directly to the employer and not to a third party agency, so that you are well informed and you will not have any conflict of interest.


The senior interim management industry is a new sector. It was introduced in the European market in 1970s and 80s and is seen to grow even further in the future. It was created to provide immediate, specified top management services during the time the management and the company are in crisis.

This sector offers various areas of specialization, and it has various rates of demand. Most of them is very competitive. At present, the public sector hires around 20% more interim managers as compared to the private sector; however, there is a sign of slow growth in their employment in the privately owned organizations. These managers are starting to love a great reputation for fast and effective strategic management, and this is adding to market awareness.

Learn More about Interim Executive Recruitment

Lots of companies are transforming to interim and executive recruitment to occupy the executive spot that they actually do not have at present. They also utilize this kind of employment when an executive has an immediate and unexpected need for an extended period of time off work. The top positions in the company are relevant to their success, so they were not able to leave the spot empty for a long time. Interim and Executive recruitment involves getting the service of an independent consultant which has the needed experience and capabilities to do the task. This individual will be hired for around 6 to 10 months, and they know that if the position is occupied or if the absent staff returns to work, they will proceed to their next task. There are certainly some advantages in making use of the interim executive.


For instance, this individual can begin with their new role in a few days. The company will start to work through the process of interviewing applicants for the position which will be short term, and there is no need to worry regarding the red tape of ending their employment if the time comes. This will make the transition from one position and out a little bit easier on the hiring company.

If they make use of the interim and executive recruitment, they are going to have someone to work for them which are overqualified for the spot. They will have lots of information and abilities available which can make a big difference in the achievements they can bring forth. Individuals in these positions most of the time provide what is expected that are involved in the slot and proceed above and beyond them. They are fast to jump in and have the job carry out which is very high in quality.