Why interim?
Interim executives are highly experienced, talented people who can quickly assess and identify business issues and adapt rapidly to different business situations.
Interim executives may be required for both strategic and operational roles, often where there is a need to solve a business problem quickly:
- Sudden departure of key executive
- Change & transition management
- Bridging a skills gap
- Crisis management
- Mergers & acquisition integration
- Mentoring young management teams eg: an MBO
- Building capacity for a project
- Due diligence
Interim executives are much quicker to recruit than permanent staff and are hired for a limited period. They are usually independently employed and not an overhead on your business.