Life as an interim manager

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A short presentation for all those thinking about Interim Management as a career option

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Life as an interim manager

  1. 1. Life as an Interim Jane Cochrane Cochrane Associates www.ca-global.org
  2. 2. 5 years ago … <ul><li>Am I?...do I? … is there? … can I? </li></ul><ul><li>Good enough? </li></ul><ul><li>Right skill mix? </li></ul><ul><li>Enough work? </li></ul><ul><li>Survive financially? </li></ul><ul><li>Business acumen? </li></ul><ul><li>Mobile working? </li></ul>
  3. 3. Today … <ul><li>A mixed portfolio – consultancy & interim </li></ul><ul><li>Local Authority </li></ul><ul><li>Government & NGO </li></ul><ul><li>Private sector </li></ul><ul><li>UK & International </li></ul>
  4. 4. Lessons learned (general) … <ul><li>Agencies are key - but variable! </li></ul><ul><li>CV & skill base – concise </li></ul><ul><li>Gaining new experience .. … lots of experience! </li></ul><ul><li>Success breeds success … </li></ul><ul><li>Lots of demand - be selective </li></ul><ul><li>Compete with yourself .. … but do take holidays! </li></ul><ul><li>The bureaucracy will get you in the end! </li></ul>
  5. 5. Lessons learned (specifics) …
  6. 6. Lessons learned (specifics) … <ul><li>Networks are key: </li></ul>
  7. 7. Lessons learned (Networking) … <ul><li>Networks are key: </li></ul><ul><li>Address book </li></ul>
  8. 8. Lessons learned (Networking) … <ul><li>Networks are key: </li></ul><ul><li>Address book </li></ul><ul><li>LinkedIn </li></ul>
  9. 9. Lessons learned (Networking) … <ul><li>Networks are key: </li></ul><ul><li>Address book </li></ul><ul><li>LinkedIn </li></ul><ul><li>Facebook </li></ul>
  10. 10. Lessons learned (Networking) … <ul><li>Networks are key: </li></ul><ul><li>Address book </li></ul><ul><li>LinkedIn </li></ul><ul><li>Facebook </li></ul><ul><li>Coffee </li></ul>
  11. 11. Lessons learned (Preparing) … <ul><li>Support & Preparation: </li></ul><ul><li>Accountants </li></ul><ul><li>PA </li></ul><ul><li>Get organised in advance </li></ul><ul><ul><li>Contacts list </li></ul></ul><ul><ul><li>Research & admin </li></ul></ul><ul><ul><li>File/email structure </li></ul></ul><ul><li>Get day 1 and week 1 right! </li></ul>
  12. 12. Lessons learned (agility) … <ul><li>Living on the fly : </li></ul><ul><li>Invest in mobility: </li></ul><ul><ul><li>IT/Laptop/Apps </li></ul></ul><ul><ul><li>Mobile phone </li></ul></ul><ul><ul><li>GPS </li></ul></ul><ul><li>100% connected </li></ul><ul><li>Travel kit & clothing </li></ul><ul><li>Carry-on luggage only </li></ul>
  13. 13. Lessons learned (longevity)… <ul><li>Working on the fly: </li></ul><ul><li>YOU are now the IT Dept </li></ul><ul><ul><li>Master IT </li></ul></ul><ul><ul><li>Maintain security </li></ul></ul><ul><ul><li>Keep up to date </li></ul></ul><ul><ul><li>Get WiFi & 3G </li></ul></ul><ul><ul><li>Backup often </li></ul></ul><ul><ul><li>Website & email </li></ul></ul><ul><li>You cannot afford down time! </li></ul>
  14. 14. Lessons learned (nouce) … <ul><li>Subsume information fast: </li></ul><ul><li>Listen </li></ul><ul><li>Watch </li></ul><ul><li>Feel the vibes </li></ul><ul><li>Speed read </li></ul><ul><li>Read slowly </li></ul><ul><li>Ask questions </li></ul><ul><li>Challenge … </li></ul>
  15. 15. Lessons learned (expectations) … <ul><li>Don’t expect: </li></ul><ul><li>A precise JD/profile </li></ul><ul><li>Induction </li></ul><ul><li>Clear line management </li></ul><ul><li>Consistency </li></ul><ul><li>Stability </li></ul><ul><li>100% support … </li></ul>
  16. 16. Lessons learned (expectations) … <ul><li>DO expect: </li></ul><ul><li>Change </li></ul><ul><li>Uncertainty & confusion </li></ul><ul><li>Friendliness … and interest </li></ul><ul><li>To think on your feet </li></ul><ul><li>To be a self-starter! </li></ul><ul><li>To be adaptable … </li></ul><ul><li>To invest energy in teams and staff </li></ul>
  17. 17. Lessons learned (expectations)… <ul><li>DO expect: </li></ul><ul><li>To have fun! </li></ul>
  18. 18. And finally… <ul><li>My personal set of rules </li></ul><ul><li>Professionalism is vital </li></ul><ul><li>Integrity is everything </li></ul><ul><li>Establish a clear audit trail </li></ul><ul><li>Be prepared to “rock the boat” </li></ul><ul><li>Always tackle difficult issues </li></ul><ul><li>Add value at every opportunity! </li></ul><ul><li>Be clear about what I can (and can’t) achieve </li></ul>
  19. 19. Thank you! [email_address] Cochrane Associates www.ca-global.org

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