Operational Areas of Interim Managers

Nowadays, companies are facing tougher competition. In order to prevail, they must act swiftly and flexibly. Managers and companies can no longer predict for sure their personal challenges of tomorrow, in four weeks or four months.

This is where Interim Managers support a company. They are well-versed and flexible specialists and experts who are hired without long-term ties within one to two weeks – Interim Managers work purely on a project and performance base.

Here are some examples of former successful placements:

Companies are sometimes hit by unforeseeable circumstances like illnesses, generation change or relocation and are therefore confronted with gaping holes in their staffing level.

In such situations, an Interim Manager offers professional, fast and qualified assistance in order to bridge the vacancy. There is no need for extensive familiarization; with diverse expertise, an Interim Manager ensures stability and/or improvement of processes, quality and productivity of a company until the vacancy is filled long-term.

Suitable Interim Mangers can assist your company during the different stages of company crisis.

CROs ad interim are especially suited for pre-insolvency restructuring and reorganizational measures as experienced crisis managers for they can rapidly judge a situation. They take all necessary steps to reduce costs and reorganize the company. As an external expert, the Interim Manager can not only see through unpopular measures much more easily, he can also open up unprecedented opportunities for a new company build-up. It is a strategically important step to entrust the CRO with such tasks instead of passing them on to the following or existing managing director.

With his long-term experience, an Interim Manager will not only manage the crisis together with the team but will also create a new atmosphere, new motivation as well as additional competences within the team thus sustainably preparing the way for positive continuation.

For corporate development, which demands more expertise than available or different expertise within the company, hiring an Interim Manager is the optimal solution as he is an expert in project management. He can use his expertise, his network as well as his neutral view on promising project management – and that within a very short time whilst being mobile and flexible and taking care of necessary (re-)training of staff.

Corporate acquisitions and sales lead to new dynamics and challenges which a company copes with by using an M&A-experienced Interim Manager. To every transaction phase – from due diligence to preparation and realization of an acquisition/sale to post merger integration – an M&A-manager ad interim brings in his expertise, assertiveness as well as his social competence constructively thereby uniting the interests of all parties involved sustainably.

For company growth, Interim Managers as experts offer external expertise, for example for implementing new products or product lines, internationalizing or acquiring new clients and opening up markets.

Also start-ups or smaller midsize companies profit from their expertise. Interim Managers set an objective with you, plan all steps strategically and put them into action. During a growth period, the Interim Manager takes on all additional tasks thereby disburdening the company. Especially for internationalization, external experts bring in valuable knowledge if the company has not yet gained experiences on international markets.

If both time and necessity have come for systematic planning, management and control of innovations, the Interim Manager introduces an external perspective into the company thereby assessing requirements completely different and realizing which new technologies and/or products must be introduced.

The Interim Manager can initiate, support and carry out the entire operative range of processes – optimally adapted to each individual situation and order position. He integrates staff actively so that they turn into innovation drivers themselves.

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