When you need an Interim Manager

Skills shortage

An important business area may need an upgrade or rethink and you may not have the necessary in-house skills to tackle this effectively. Your IT systems may be out-dated, your financial systems not up to scratch, your competitors may be years ahead in production techniques and very marketing savvy. An experienced interim would advise how to move forward in the right direction and implement the changes. All our interims have sector specific experience which is crucial for any placement.

Project management

You may want to embark on a new project and rather than making it part of an existing manager's current role you may want someone to focus on it full time and without the background of existing company restraints. An outsider can often provide enlightened approaches and solutions.

Sudden departure of a key member of staff

Your business is your life and sometimes you assume your management team feel the same way. However loyal they are, they may leave for new opportunities or for personal reasons. Their absence will mean essential skills are suddenly missing in your business and you may not be able to afford to carry on without the experience. Until the manager returns or a permanent candidate is found, an interim placement would be an ideal solution.

Fundamental change in the structure of your company

Where an entrepreneur considers a fundamental change is necessary, he may need an interim. Changes such as; listing on AIM, going through a restructuring, or a group redundancy process. These will be trying times requiring a focused approach from the entrepreneur who will be ultimately responsible for the implementation. A similar argument is for a company going through an MBO or disposal process, merger or acquisition process. These activities take up a lot of time not only in preparation but also in negotiations.