Does your business…
Have a critical gap in the management team due to a sudden departure?
Need to inject specialised expertise for a strategic project, a change management project or an atypical project?
Need an experienced executive during the start up phase of a new company?
Need help with expanding into a new market?
Want to boost the effectiveness of your management team?
Need some help in going through a merger, de-merger or acquisition?
Have to turnaround a an underperforming business or division?
Need to recover a failing project or a programme?
Need an innovative way of cutting its spiralling workforce costs?
Interim Management is the supply of highly qualified senior professionals at short notice to perform specific roles for a pre-determined length of time. Interim managers not only provide the plan and strategy to solve a particular problem but also solve the problem themselves. Businesses are increasingly realizing the benefits of Interim Managers. Some of these benefits are:
Interim Managers are quick and easy to find. Start within days and do not have any long drawn recruitment procedures.
Compensation is directly linked to results.
Most Interim Managers are extremely qualified for the job (often slightly overqualified), have hands-on experience and are specialists.
Are present for a specific time period and like to get the job done as soon as possible.
Work with people from your staff and are more interested in solving the problem rather than the politics of the company.
Like to get the job done with the minimum cost as it enhances their reputation.
If you want to learn more about Interim Management and how it can help you achieve rapid business results, please contact us on This e-mail address is being protected from spambots. You need JavaScript enabled to view it . Our consultants will be happy to give you a no-obligation advice and explanation of Interim Management concept and its advantages and disadvantages.
InterimManagement.com is the leading global provider of senior Interim Managers. We are 100% focused on Interim Management. We do not do anything else.
We operate globally and across all major industry sectors.
We have over 30,000 Interim Managers in our pre-vetted global database and are able to quickly identify the right candidates.
The use of Interim Management generally demands a rapid response. Our business process enables us to provide tailor-made solutions to your interim management needs within days, often less.
Interim Managers we engage are top performing senior executives with proven track records. We are uncompromising about the calibre of interim managers in our portfolio
Our consultants are all ex-executives who have experienced firsthand the pressures of running a business. They are committed to making people management easier, cost effective and more likely to produce an outcome.
How it works?
- Identify objectives and desired attributes, skills and attitude for the assignment.
- Advise InterimManagement.com consultant of your requirement by submitting a form here or by email on This e-mail address is being protected from spambots. You need JavaScript enabled to view it .
- If required, an InterimManagement.com consultant will contact you within hours to further clarify the requirement.
- Search of InterimManagement.com network and database is conducted.
- Listing of suitable candidates is drawn up within 72 hours and provided to you.
- Client approves a shortlist of candidates for interview. (Our consultants can help with an advice if needed in this phase)
- Client interviews are held and reference checks completed.
- Interim Manager appointment decision is made and start date agreed.
You can submit your requirement here or by email on This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Frequently asked Interim Management questions for Clients (FAQ)
What kind of companies would benefit from hiring Interim Managers?
What kind of assistance could an Interim Manager provide?
What are the main advantages of Interim Management?
Why are so many companies engaging Interim Managers?
What is the cost of an Interim Manager?
How cost-effective management option is it?
Is an Interim Manager more expensive than a permanent manager with an employee status?
Is Interim Manager an employee or a consultant?
How long does it take to select an Interim Manager?
How long will it take for an Interim Manager to become effective?
Is it possible to engage a part time Interim Manager?
How would the presence of Interim Managers impact client organization’s permanent staff?
Who would the Interim Manager report to?
What happens if the scope of an Interim Management assignment changes mid-stream?
What happens when the job is completed?
What kind of companies would benefit from hiring Interim Managers?
The simple answer is all companies that need to manage issues outside their current capacity or their capabilities. Demand for Interim Managers is coming from virtually all sectors.
What kind of assistance could an Interim Manager provide?
An Interim Manager could assist in a period of transition or change by temporarily assuming any of the functions that would be the responsibility of Executives or Project/Program Managers. Some examples include:
- Project Management
- Implementation of a new technology
- Implementation of a new strategy
- Expansion into a new market
- Factory relocation
- Start-up or closing-down of a division
- Handling of a new activity or an atypical project
- Gap Management
- Sudden loss of a senior executive
- Organisational changes
- Overstretched Management
- Management of rapid growth
- Management of a start-up
- Change Management
- Going through a merger, de-merger, or acquisition
- Rationalising, downsizing, or restructuring
- Embarking into a major program of cultural change within the organisation
- Turnaround Management
- Manage a crisis or a turnaround
- Turnaround underperforming businesses or divisions
- Recover failing projects / programmes
What are the main advantages of Interim Management?
The main advantage is a business result brought about by instant access to high calibre management talent. Significant numbers of our clients tell us that Interim Managers add value beyond the scope of the assignment.
Why are so many companies engaging Interim Managers?
Companies facing change must move quickly and manage the risks, but experienced change managers are hard to find and costly compromises often result, delaying resolution of critical issues. Qualified managers are becoming scarce and traditional recruitment methods are slow and carry a high opportunity cost. The InterimManagement.com solution accelerates the process and can rapidly provide high calibre executives.
What is the cost of an Interim Manager?
Daily fees vary according to a number of criteria, including market price, complexity of the assignment, level of the function, estimated duration of the assignment, risk level of the company, etc. Fees range from approximately $950 per day upwards. Which compares favourably with full costs of a permanent manager and is typically significantly cheaper than management consultants.
Clients are only required to pay for the actual days worked by the interim manager. The client remains in control of costs at all times, by agreeing the number of days to be worked in advance and afterwards certifying the numbers of days to be invoiced.
How cost-effective management option is it?
Research shows that the costs for Interim Managers are recovered at least threefold on average, making them a very cost-effective option. A recent survey of clients suggests that the vast majority of users will use Interim Management again.
Is an Interim Manager more expensive than a permanent manager with an employee status?
The total costs are about the same as for normally employed managers. An Interim Manager invoices based on an all-in fee per day he spent on the assignment. In some cases, other daily travel and accommodation expenses will be charged. There are no additional costs. Overall, the cost of the Interim Manager compares favourably on a day to day basis with the full cost of a permanent manager when taking into account not only the salary and the social security but all the peripherals such as bonuses, holidays, sickness allowances, training, insurances, stock options, recruitment and lay-off costs and various fringe benefits.
Is Interim Manager an employee or a consultant?
The Interim Manager would be retained on a consulting basis on an hourly, daily or weekly basis. The organization would not be responsible for benefits, insurance, taxes, etc.
How long does it take to select an Interim Manager?
InterimManagement.com will endeavour to provide the client with a shortlist of candidates within 24 hours of receiving an Interim Management brief. The Interim Manager will be in place within days of being engaged. Usually it takes about two weeks until the Interim Manager starts.
How long will it take for an Interim Manager to become effective?
They are immediately operational.The Interim Managers we select for a particular assignment would have experience in your industry and will often have encountered challenges similar to yours.
As a matter of fact our clients often benefit from our Interim Managers’ experience before the assignment actually starts, when we involve him/her during the preparation phase.
Is it possible to engage a part time Interim Manager?
Yes, this often suits both parties.
How would the presence of Interim Managers impact client organization’s permanent staff?
Experience shows that Interim Managers have the ability to easily integrate. Interim Managers in general have excellent social and managerial skills and experience. Also, they are assigned only on temporary basis and are hence not considered as a threat. In that context, it is very important to clearly explain the purpose of the Interim Management assignment to the organization prior to his/her starts.
Who would the Interim Manager report to??
The Interim Manager would report to the Executive Director or, when serving as an Acting Executive Director, to the Board. The relationship with the Executive Director would be collaborative. The Interim Manager would assist the Executive Director (or the Board) to develop the management structures needed to strengthen the organization.
What happens if the scope of an Interim Management assignment changes mid-stream?
The Interim Management model is highly flexible and adaptable. All changes can be handled in a managed way using a project-management based approach to ensure clarity for all stakeholders. If there is an impact on the original contracted period, this is easily addressed as the standard contract includes a provision for modifications to tenure, if necessary.
What happens when the job is completed?
The Interim Manager will generally provide sufficient documentation and personal handover to their permanent replacement to enable the new incumbent to get off to a good start. If required, an Interim Manager will help you define or redefine the role and help with selection.
As the contract comes to an end and there are no termination costs.
If you need any further help in the future or if you would like monitoring service, the Interim Manager is always available to provide this on an "as and when" required basis.
View our full FAQ here.
