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Benefits and Uses of Executive Interim Management
Interim management is another part time provision of management skills and resources. Interim
management can be seen as the temporary assignment of a proven heavyweight interim executive
manager to manage a period of transition, crisis or change within an organization. In this situation, a
permanent role may be unnecessary or not possible to find on short notice.
The effective executive interim will help to control many important activities in order too stem the
cash bleeds and restore the business to financial condition. Providing efficient transformation is the
main function of an Interim Management Consultant.
The Interim Management pattern can empower an organisation with an added degree of
adjustable, ability, knowledge and capability to deliver on difficult tasks and effort. The
model is universally suited to almost all business environments, industries and companies,
irrespective of size or location.
The benefits of Interim Management are:
Fast access to a particular Skill-Set
The Interim manager chosen will have the particular skill set needed for the situation and will
typically be in place within 10 working days of the first enquiry.
Rapid Ramp
The combination of the Interim Manager’s knowledge and past experiences means that work
start immediately with little or no learning curve.
Delivery
The Interim Manager’s act is to own and figure out the client’s problem. Tasks are put up and
managed using a project management based move, ensuring accuracy and visibility of
progress at all times.
Organisational Improvement
Interim Managers are organisationally neutral. They will bring in new experience to the
client’s organisation and in addition to delivering turn out, they will generate a fresh
perspective. Knowledge Transfer is an important part of the Interim Management model.
Adaptability
Interim Executives uses an adaptable business model that guarantee that utilisation and costs
are optimised at all times, and that any changes to the initial assignment scoping and
estimates can be readily addressed in a managed way.
There are a number of different business conditions that could result in the need for an interim
manager. Executive Interim Management can be used in situations such as crisis management,
sudden departure, illness, death, change management, managing change or transition, sabbaticals,
MBOs and IPOs, mergers and acquisitions, and project management.

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Project File Report BBA 6th semester.pdf
 

Executive interim management

  • 1. Benefits and Uses of Executive Interim Management Interim management is another part time provision of management skills and resources. Interim management can be seen as the temporary assignment of a proven heavyweight interim executive manager to manage a period of transition, crisis or change within an organization. In this situation, a permanent role may be unnecessary or not possible to find on short notice. The effective executive interim will help to control many important activities in order too stem the cash bleeds and restore the business to financial condition. Providing efficient transformation is the main function of an Interim Management Consultant. The Interim Management pattern can empower an organisation with an added degree of adjustable, ability, knowledge and capability to deliver on difficult tasks and effort. The model is universally suited to almost all business environments, industries and companies, irrespective of size or location. The benefits of Interim Management are: Fast access to a particular Skill-Set The Interim manager chosen will have the particular skill set needed for the situation and will typically be in place within 10 working days of the first enquiry. Rapid Ramp The combination of the Interim Manager’s knowledge and past experiences means that work start immediately with little or no learning curve. Delivery The Interim Manager’s act is to own and figure out the client’s problem. Tasks are put up and managed using a project management based move, ensuring accuracy and visibility of progress at all times. Organisational Improvement Interim Managers are organisationally neutral. They will bring in new experience to the client’s organisation and in addition to delivering turn out, they will generate a fresh perspective. Knowledge Transfer is an important part of the Interim Management model. Adaptability Interim Executives uses an adaptable business model that guarantee that utilisation and costs are optimised at all times, and that any changes to the initial assignment scoping and estimates can be readily addressed in a managed way.
  • 2. There are a number of different business conditions that could result in the need for an interim manager. Executive Interim Management can be used in situations such as crisis management, sudden departure, illness, death, change management, managing change or transition, sabbaticals, MBOs and IPOs, mergers and acquisitions, and project management.