Our Transition Directors take charge of high-stakes organizational change situations . This evolution can be internal and due to reasons as diverse as digital transformation, a change in business strategy or the closure of a site. It can also be external with the acquisition of a competitor or a merger. Many of our General Managers have already led the development of companies internationally.
The use of a Managing Director is also made in the case of the replacement of a Manager within the General Management. This absence may be due to an end of contract or a health problem.
Missions of a transitional CEO
The missions of an interim CEO, also called interim manager or interim general director , are multiple and varied. They are structured around three main axes:
1. Management and steering of the company
- Ensure continuity of general management in the event of a vacancy in the position, departure of the current manager or transition period following a merger-acquisition, restructuring or major strategic change.
- Define and implement the company’s strategy , in collaboration with the board of directors or shareholders, taking into account economic, financial and operational issues.
- Manage all of the company’s activities , coordinating the various functions and ensuring the consistency and effectiveness of the actions carried out.
- Represent the company to internal and external stakeholders (customers, suppliers, partners, financial institutions, etc.).
2. Restructuring and transformation of the company
- Identify areas for improving company performance by analyzing financial results, operational processes, corporate culture and human resources.
- Implement restructuring or transformation plans aimed at optimizing costs, improving operational efficiency, developing new products or services, conquering new markets, etc.
- Manage organizational changes by communicating effectively with employees, supporting them in adapting to new requirements and ensuring a calm social climate is maintained.
3. Preparing for the transition to sustainable leadership
- Identify and recruit a new permanent manager by defining the profile sought, leading the selection process and ensuring the integration of the new manager within the company.
- Ensure the transfer of skills and responsibilities to the new manager by providing him with all the information and tools necessary to take charge of the company.
- Support the new manager in their first months in office by offering advice and strategic support.
In addition to these main missions, the interim DG may also be required to:
- Managing crisis situations such as financial failure, industrial accident or reputational crisis.
- Negotiate strategic partnerships or acquisitions.
- Implement governance and internal control tools.
- Represent the company in professional bodies or with public authorities.
The missions of a transitional CEO are therefore broad and varied , and require multidisciplinary expertise in management, strategy, finance, restructuring and change management.
It is important to note that the specific missions of an interim CEO may vary depending on the client company’s situation, its objectives and its sector of activity.
Our team of Interim General Managers is made up of executives from very diverse backgrounds. These Directors have worked in different sectors of activity: industrial , aeronautics , security , banking and insurance , etc.
Our Transition Managers are readily available . They quickly adapt to their new environment and to the teams they will lead. They are very invested and involved in the success of their mission. Meeting deadlines and establishing very clear action plans are a constant in their way of working.
To learn more about the missions of our General Managers , contact us.
