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Interim Management
- Introduction to Interim Management
- What is Interim Management
- The evolution of Interim Management
- The role of the Interim Manager
- What makes a good Interim?
- MORI Poll
- Interims for Management roles UK & Worldwide - Interims V Consultants
- Crisis management
- Sudden departure
- Managing Change or Transition
- MBO's and IPO's
- Mergers and Acquisitions
- Project Management
- Family-owned Businesses
- The Corporate Environment
- The Venture Capital Industry
- Finding the right Interim Manager
- The Selection Process
- Questions to ask
- Interim Management as part of an HR Strategy
- Research
- Information for Interims
- Order your CBI Guides
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Why choose BIE?
What's New?Introduction to Interim Management
"3i buyouts are focused on driving rapid ebitda growth in each of our investee companies. Professional interims are therefore an important part of our tool box, both to ensure we can take full advantage of growth opportunities where the company is resource constrained, or where we need to quickly address performance issues in the company" Alan Stevenson, Director, 3i plc
This guide focuses on the upper level of the interim management market – interim executive management. The recent high profile interim appointments of Alan Leighton at Consignia, David James at the Dome and even Terry Venables at Middlesborough FC confirm the “coming of age” of this important strategic resourcing option. It can be defined as “the management of transition, change, uncertainty or crisis by a ‘suitably over-qualified’ executive at or near board level, commissioned on an assignment basis.”
Over the past ten to 15 years, interim executive management has been used successfully at and near group and divisional board level in listed, private and public sector organisations across all functions and sectors throughout the UK and globally. Inclusive daily fee rates range from £600 to £2,000 per day depending on sector, application and level, as well as length and location of the assignment.
Interim executive management refers to the service originally imported into the UK from the Netherlands in the late eighties. It should not be confused with the plethora of other services using the title interim management, for example “contract/temporary management,” “try and buy recruitment” or even traditional management consultancy. The guide describes its development and application and outlines how best to maximise the opportunity to use it. The key role of the specialist provider – the head-renter – is also explained. As Sir John Harvey-Jones has said, “It is absolutely vital that people recognise there is such a service as interim executive management and are aware early enough to get this sort of help.”
To discuss your interim management requirements with BIE call +44(0)20 7222 1010