What is an interim manager?
An interim manager is a temporary leader who is usually hired to provide specific expertise, fill skills gaps in companies and facilitate major structural changes within businesses and organisations. As opposed to many management consultants and agency temps, interim managers tend to be hired on a short-term basis and aim to complete projects within as short a timeframe as possible. Let’s find out a little more about the role and main responsibilities of an interim manager in the UK today:
Interim managers provide strong leadership in times of crisis – Because they can be called upon for reliable temporary leadership, interim managers are often used by businesses in times of relative crisis. Interim managers step up to the plate to provide support in sticky business situations and can be used to solve a range of problems, including those related to finances and the unexpected resignation of senior figures such as company directors.
Interim managers impart knowledge, skills and expertise – Whether it be technical ability, project-specific expertise or a mastery of soft skills, interim managers can effectively fill skills gaps in your company and expand the skillset of your employees as a whole. Interim managers can bring a wide range of valuable skills to the party that can have long-lasting positive effects for years after their departure – ensure that you make the most of your interim manager while they’re still around!
Interim managers can influence company culture – Whether you decide to choose an interim boss who is loud and confident or quiet and reserved, it’s important to remember that different management styles can have a significant impact on the culture of your company. Even though interim managers may only be in charge for a short time, they can greatly affect the business in the long term. This is why it’s essential to shop around and try to find the best interim manager for your specific purposes before making any agreements.
Interim managers are a cost-effective alternative to making new hires – It’s often much easier and more cost-effective to hire an interim manager than it is to find a long-term hire. Taking the time to shortlist and interview potentially suitable clients is time-consuming and expensive, whereas many interim management services provide tailor-made personnel who are equipped, vouched for and qualified to deal with a range of tricky operational situations.
Interim managers help to facilitate change – Because they’re often highly experienced and overqualified for the positions they fill, interim managers are particularly useful for companies undergoing significant operational changes or overhauls, including restructuring projects and mergers & acquisitions. Hiring an interim leader enables owners to bank on the everyday running of their business whilst spending the necessary time to ensure a smooth transition period.
