Author:
Christoph
What characterizes Interim Management?
- Activity in the company is limited to a particular period.
- A personality from outside the company is integrated into the company.
- An interim manager has leadership experience.
- The activity relates to a specific task, a project, for example.
- The interim manager averts bottle-neck situations.
- He is active in the company without being employed by it.
- He is internally involved (structure and organization) as well as involved in external effects and presentation.
- He is authorized to issue instruction to internal subordinates.
- Remuneration is generally calculated using a daily rate.
An interim manager acts much as a company or those employed in leadership positions but only regarding a specific project or defined task.
The conditions for beginning activity (contract, time period, rates) are comparable to those of a consultant. The difference between the two is largely his definition as a producer and executor. This practical activity differentiates the interim manager from consultants, who typically leave the execution to the company after completing of the analysis, conception and planning phases.
In our practical activity there is one area in which interim managers and consultants conjoin or overlap. This occurs because through our strategic expertise we give consultation or develop a concept and finally take on the responsibility for implementing it. You can find out more in the reports of our daily business as an interim manager for strategic growth and transformation projects.