From interim management to recruitment
Interim Management is the provision of senior executives to manage change or transition on a short term basis. The concept is prevalent in mature economies and is upcoming in India. More and more professionals today are open to exploring short-term high level engagements rather than committing themselves to one organization.. Organizations typically choose interim managers either to fill roles that are temporary or to fill critical staffing gaps when a permanent employee cannot be found fast enough. Although they are frequently called 'consultants', interim managers differ from consultants because they serve in a more hands-on capacity. A new survey among over 2,200 interim managers has identified UK’s top 60 interim management providers and firms. London-based Interim Partners, Windsor headquartered Eton Bridge Partners and Henley-on-Thames sited Practicums hold the top three spots. The field of interim management revolves around the temporary provision of management resources and skills. Clients can turn to interim managers for their most complex and top-heavy roles – in this case interim management is the short-term assignment of a proven heavyweight interim executive/manager to manage a period of transition, crisis or change within an organization.
Why Interim Management?
Organisations typically choose interim managers either to fill roles that are temporary or to fill critical staffing gaps when a permanent employee cannot be found fast enough. Although they are frequently called 'consultants', interim managers differ from consultants because they serve in a more hands-on capacity.
These organisations quickly realise many benefits from using interim managers: