|
VALUE PROPOSITION
Interim Management
The interim assignment life cycle is a five-stage process beginning with the Entry stage, followed by successively the Diagnosis, Proposal, Implementation and Exit stages. |
The following factors are typical of the interim management value proposition:
Return on investment. Interim managers add value by using their skills and expertise to help
deliver an outcome, solution, service, or mitigate risk that provides a meaningful
‘return on investment’ to a client. Interim managers are paid on the understanding of
goals and objectives being performed and delivered, and not simply on the basis of attendance.
Speed. Interim managers can be in place within days as opposed to weeks or months,
which is essential when time constraints are paramount. Being practiced in engaging
promptly with the situation, they become effective quickly upon joining a client
organisation. Because of their experience and expertise, interim managers also conduct
and complete assignments effectively and with due speed.
Expertise. Interim managers typically operate at a senior level in the client organisation, often being
sensibly over-qualified for the roles they take on. They often bring skills and
knowledge not otherwise in place, to address a specific skills gap or problem. Their experience and
expertise enable them to be productive and make a noticeable impact from the outset,
maximising the likelihood of success.
Objectivity. Unencumbered by company politics or culture,
interim managers provide a fresh perspective
and are able to concentrate on what's best for the business. Being independent
operators, they contribute honestly without constituting a threat to the
incumbent management team. Not being part of a larger business, they are
not pressured to unnecessarily extend their assignment.
Accountability. Rather than taking on a purely advisory role,
interim managers take responsibility for and manage a business or project in their
own right. They expect to be held accountable for results and are instrumental in an
assignment’s successful delivery. Clients have peace of mind knowing the interim
manager has stewardship of the project in hand.
Effectiveness. Operating at or near board level gives interim
managers the authority and credibility to effect significant change or transition
within a company. Unlike a ‘temp’, they are not just there to ‘hold the fort’.
They actively add value to the client organisation through their expertise and approach, even when the work and decisions are difficult.
Commitment. Interim managers maintain high professional standards because their
future work relies upon referrals and a successful track record. They have a
stake in the success of the assignments they undertake. This contrasts favourably
with other ‘temporary workers’ who may also be seeking ‘permanent employment’ or
simply motivated by a day rate or extending their tenure.
Quoted from Wikipedia
|
|
