Interim management: a complete definition
Interim management is an increasingly common professional practice in the business world. It consists in hiring an experienced manager, often independent, to carry out a specific and temporary mission in a company in times of change.
Why opt for interim management?
Interim management is a practical solution for companies facing complex situations such as restructurings, mergers or acquisitions . These transition periods can cause internal management, productivity or customer relations problems, which can affect the profitability of the company. The use of an experienced and competent transition manager can provide a quick and effective solution to these problems.
The benefits of interim management
Transition management offers several advantages to a company in times of change. First, it brings additional expertise and experience to the business, which can help solve problems quickly. Additionally, the interim manager is often unbiased and has no emotional attachment to the company, which can help make tough decisions objectively. Finally, interim management is a flexible and adaptable solution , which can be adapted to the specific needs of each company.
How to choose the right interim manager?
To choose the right interim manager, it is important to take into account several criteria. First of all, the manager must have solid experience in managing similar transition situations. He must also be able to work with different types of corporate cultures and personalities. Finally, the interim manager must be able to work quickly and efficiently , with a clear vision of the company’s priorities.
What is the mission of an interim manager?
The mission of an interim manager is to put his operational and managerial skills at the service of structures facing major challenges in terms of management.
Experienced and result-oriented , the interim manager generally intervenes on site, for an average period of eight months.
He carries out a large-scale project , the terms of which are strictly defined upstream of the contract.
Depending on the context in which the company operates and its specific needs, the objectives defined vary greatly. The spectrum of situations likely to be covered by interim management is wide.
This may be, for example, change management . The transition manager will then have the role of supporting the company in its transition: external growth, merger-acquisition or any other similar reorganization.
The interim manager may also have the role of leading a strategic project, where his high-level technical skills will find their place.
Anyway, the course of the mission is always the same:
- Analysis of the situation and definition of objectives. Implementation, in collaboration with our firm, of indicators for a results-oriented mission
- Connection by the firm with a suitable interim manager
- Start of the mission taking into account, if necessary, the urgency
- During the mission, regular monitoring of the indicators initially put in place
- Assessment, handover between our interim manager and your teams
Why choose us ?
Reactive Executive is the 5th leading firm and ” pure players ” in interim management, present in France and internationally . We support our clients (large groups, subsidiaries of large groups, ETIs, SMEs, SMIs, start-ups) in their high-stakes transformation and intervene in the context of strategic projects, turnarounds or replacement of leaders at short notice.
The strength of Reactive Executive is to be able to present interim managers in less than 48 hours thanks to its pool of more than 10,000 interim managers , present all over the world. Our Interim Managers occupy the position of directors who are experts in their field, reactive, seasoned in emergency situations and immediately operational.
The entire Reactive Executive team guarantees the success of your missions! So, for your next project, call us and let’s create a partnership based on trust, ethics and transparency!
We operate in the following locations in France:
- Interim Management Paris
- Interim Management Lyon
- Interim Manager in Nantes
- Interim Manager in Marseille
- Interim Management Nice
- Interim Management in Lille
- Interim Management in Toulouse
- Interim Management in Montpellier
- Interim Management in Bordeaux
- Interim Management in Strasbourg
Conclusion
Transition management is an effective solution for companies facing situations of change. By choosing the right transition manager, companies can benefit from additional expertise, objectivity and flexibility that can help them overcome the challenges of the transition period. In short, interim management is a powerful tool for companies seeking to grow and succeed in an ever-changing world.
Thank you for reading this article. I hope it has provided you with a full understanding of the concept of transition management. If you have any questions or comments, feel free to share them below.
