Interim management is the temporary provision of management resources and skills. Interim management can be seen as the short-term assignment of a proven heavyweight interim executive manager to manage a period of transition, crisis or change within an organization.

1. INTERIM
MANAGEMENT BY
CALVELLA

2. Interim management is the temporary provision of management
resources and skills. Interim management can be seen as the short-
term assignment of a proven heavyweight interim executive manager
to manage a period of transition, crisis or change within an
organization.
What is Interim Management?

3. In this situation, a permanent role may be unnecessary or impossible to
find on short notice. Additionally, there may be nobody internally who is
suitable for, or available to take up, the position in question.

4. The professionals are highly skilled and can help corporates to deal with
any kind of business challenge including:
• Sudden exit/loss of a senior executive
• A sudden increase in workload
• To guide management and staff through new methods or processes
• Setting up a business
• Closing down a business
• Cost effectiveness
• Managing acquisitions and mergers
• Interim Management recruitment process is no different to traditional
recruitment

5. Speed
Interim managers are available to start in days with minimum recruitment or termination
formalities.
What Are The Benefits Of Interim Managers?

6. Experience
Interim managers are typically overqualified for the role, meaning they can operate fully
autonomously if necessary with little guidance.

7. Results
Track record and performance really count; so interim managers are used to
being judged by results. So, they know how to deliver.

8. Knowledge transfer
With a wealth of experience comes skill, contacts and knowledge that will
be transferred to your team and remain long after they have left.

9. Objectivity
While sensitive to the company's ethos, they will not be constrained by
company politics, personalities or protocols. Having no previous history
with your business means they can look at the situation objectively and
with clarity.

10. Delivery
They can act as counsel to the Board while rolling up their sleeves to help
deliver the strategy too.

11. Senior interim managers are typically highly experienced in a number of
functions, and as a result are often adaptable to a range of situations.
What Are Interim Managers Used For?

12. Typically interim managers are used:
1. As a temporary senior leader to plug an urgent gap
2. To lead a change or transformation project
3. To help reinforce an existing project team
4. To bring a specialised skill set into a project

13. Interim assignments vary in scope and requirements, encompassing change
management, ‘gap’ assignments, project management and turnaround
management. The following stages of the ‘assignment lifecycle’ are typical
of how interim managers enter into an assignment, reach and carry out the
actual implementation, and finally exit the assignment. The assignment
should include a plan for making resources available to meet the longer-
term goals.

14. The early stages have much in common with consultancy, as do later
stages with project management, but the accountability and
responsibility that interim managers have for successful analysis and
delivery of a fitting solution is what makes these stages uniquely typical
of the interim management approach.

15. Stages of Interim Management
Entry
The prospective client and Interim make initial contact and explore the
requirement sufficiently for the client to be able to decide to engage the
interim manager (or not) to address the situation. This is likely to involve a
‘preliminary’ assessment of what the client thinks they want and the scope
of the interim manager's contribution. It is also likely to involve a due
diligence and interview process to make sure the interim manager is the
right fit for the business. Typically the entry stage takes place over one or
more initial meetings and results in the interim manager's provisional
engagement.

16. Diagnosis
The interim manager researches the current situation in order to
understand it, how it came about, what are the requirements of the
varying stakeholders. At this stage a more detailed understanding of ‘what
the situation is’ is formed as well as approaches to address it. Differing
issues or problems may come to light at this stage than initially highlighted
by the client. On a ‘gap’ assignment this diagnosis may run concurrently
with the handling of immediate issues. Typically the diagnosis stage takes
a few days.

17. Proposal
The interim manager presents a more detailed proposal that serves as an
interim assignment objectives and plan. If this differs significantly from the
preliminary plans determined at ‘entry’, the solution may involve different
requirements from the interim manager or possibly the ending of the
assignment. It is common that this ‘proposal’ may challenge the client's
understanding of the situation, on the basis of the interim manager's
expertise. The interim manager takes the responsibility to propose a
solution most likely to be effective, not automatically the one originally
requested. In the case of a ‘gap assignment’ such a proposal may simply
outline how the interim manager is a ‘safe pair of hands’.

18. Implementation: The interim manager manages the intervention,
project, or solution, tracking progress and conducts periodic feedback
reviews with the client. During this stage, interim managers particularly
exemplify their expertise, accountability and effectiveness. Depending
on the assignment, they get as close to the situation as is necessary,
whilst remaining an independent practitioner. They may manage teams
and projects, deal with crises and changes, or simply ‘holding the fort'.

19. Exit
The interim manager, approaching project end, ensures that objectives have
been met, that the client is satisfied. This stage may involve ‘knowledge
handover and training’, determining and sourcing ‘business as usual’
successors, and ‘sharing lessons learnt’ in the process. The interim manager
is focused on the success of the assignment and not simply the length of
his/her own tenure, which means that this stage can be carried our
professionally and objectively. Often this is the end of the interim
manager/client relationship. Sometimes interim managers may continue to
give occasional 'ad hoc' consultancy. Sometimes the interim manager is re-
engaged on a follow-on or further assignment, starting the ‘lifecycle’ again.

20. There are a number of different business situations that could result in
the need for an interim manager. Typically these could be 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. The functions
of an interim manager are almost endless; thus the scope of an interim
manager's skill set is quite unique.
Uses of interim Management

21. How Calvella Can Help In Interim Management?
We have finest Interim Executives from our nurtured knowledge
community. They give their best when clients need quick solutions,
transformation or out-performing results, anywhere in the world.
Interim management integrates both the “know-how” and speed to
measured success.
Our management vogue is incredibly simple, we have a tendency to roll
up our sleeves and find “stuck within the business”, to confirm that no
detail is left unaccounted; while operating with the workforces to make
a much better and sustainable business.

22. Call us: +44 (0) 77991 33349
Mail us: toby.tarczy@calvella.com
Website: https://calvella.com/