The Interim Management
The term interim management is the temporary provision of management resources and skills. It can be seen as a short term assignment of a proven heavyweight interim executive manager to manage a period of transition, crisis or change within an organization.
In situations like this, a permanent role may be unnecessary or impossible to find on short notice. This is where the interim managers come in. A big advantage with them is the fact that they can be in place within days as opposed to weeks or months which is essential when time constraints are critical and every second counts.
This is very critical as high position jobs are very important in a company. If there is a disruption in the flow of things with regards to how a company runs its business, it can greatly affect the them. That is why if interim managers are needed for cases like this, they have to be good at their craft because if ever they fail, so may the company that hired them for it.
Interim managers expect to be held accountable for results and by being instrumental in an assignment’s successful delivery. In short, the position that they are substituting for falls to their responsibility with whatever consequences may happen based on their performance.
Interim management normally requires a senior level in the client organization, often being sensibly over-qualified for the roles they take on. People who work as interim managers often bring skills and knowledge not otherwise in place, to address a specific skills gap or problem.
While even I thought at first that interim management may mean like holding the fort while people concerned are absent, even when the decisions made are difficult, they add value to the organization depending on their approach to providing solutions.
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