The UK operates one of the most sophisticated Interim Management services in the world, with executives and managers covering a wide variety of roles at different levels of expertise and within various technical areas.
Interim Management as a business concept is a fantastic way of injecting much-needed flexibility and niche skills and experience into large organizations. Interim Manager’s are highly skilled professionals with senior level management experience combined with a strong track record of delivering results in a corporate career. They are hired on a short term project basis to solve complex problems by supplying knowledge and focus not currently existing in the client company or to provide strategic consultancy. Their objective is to deliver results quickly and effectively, before moving on to the next assignment.
Although many industries insist on a long track record of work within their sector typically 5-10 years minimum experience, we as a provider are starting to see more and more crossover as clients see the benefits of gaining cross sector input of new ideas and strategies, this is particularly the case in Digital and Multimedia programmes where Telco banking and retail business pursue the same focus and end goals of customer attraction and retention, and new product launches.
Having recruited for 25 years in a number of sectors and in the interim financial services market for the last 10 I have grown to recognise several key characteristics that make a successful interim manager:
In summary the role of an interim manager is to provide the high level, specialist skills, that are often lacking in the client company and to share the insight and Knowledge that they have that they have developed over a career with a strong record of quantifiable achievements.