Interim Management – Interim Manager
Marc Wanderer – Your competent Interim Manager to resolve management bottlenecks, leadership vacancies and crisis management
As Interim Manager (Temporary Manager), I take on Interim Management mandates (vacancy bridging) for my clients in the technology sector and for Digitalen Business Transformations.
These vacancies result, for example, from the fact that the definitive filling of a management position does not succeed in time, so that an interim solution is chosen for reasons of continuity.
My role in such a case is to ensure an orderly handover, to act as a contact for the internal and external stakeholders, to stabilise the department, to support the recruitment of the permanent successor and to hand over the department to her/him again.
Often my clients also use my competences to implement a prior structural adjustment in a transition phase and to realign the organisational unit. I am trained for such change processes and bring along the necessary expertise with the corresponding soft skills.
As last field of activity, I have specialised in ICT crisis projects. Unfortunately, there are still too many IT projects that end up massively over budget or even have to be written off completely. Here, my experience helps me to analyse the project, to outline a feasible path with all stakeholders and to implement it. Because creating glossy presentations alone does not solve a problem. This requires an experienced leader with strong implementation skills.
Why Interim Management?
Interim Managers, flexibly deployable executives, are used at short notice to bridge vacancies, in times of crisis, for project management or as specialists.
They absorb management bottlenecks, bring in an external view and thus provide companies with a competitive advantage.
Interim Management refers to a management practice in which experienced managers are temporarily introduced into an organisation or company to take on specific tasks or projects. These managers, also known as Interim Managers or Temporary Managers, are usually hired for a limited period of time, typically a few months to a year.
There can be many reasons for using Interim Management. These include, for example:
- Management gaps: If a key position in the company suddenly becomes vacant and a permanent appointment is not immediately possible, an Interim Manager can fill this gap.
- Change management: During major reorganisations, mergers, acquisitions or other change processes, an Interim Manager can be hired to manage the change and ensure that the business objectives are met.
- Project management: If there is a specific project for which the existing management team does not have sufficient resources or expertise, an Interim Manager with the necessary skills and experience can be brought in.
- Crisis management: In situations where a company is facing a crisis, an Interim Manager with experience in crisis management and restructuring can be called in to get the company back on track.
The interim manager usually brings a mixture of extensive industry experience, management expertise and a clear focus on the goals to be achieved. Once the assigned task has been completed, the Interim Manager withdraws from the organisation.
This form of management offers companies flexibility and the ability to react quickly to short-term challenges or opportunities without committing to long-term personnel costs.
Interim Managers assume responsibility for their work in a line, specialist or project function. They leave the company as soon as the problem has been sustainably solved and the existing organisation has fully taken over again.
An Interim Manager typically works under the following conditions:
- Bottleneck of a quantitative or qualitative nature on the customer side
- Temporary assignment
- Assumption of a position in the first or second management level with authority to issue directives
- Assume a role as total or partial project manager
- Coaching of executives
- Reports to the Board of Directors or Executive Committee
Clients (companies, organizations) value the following aspects of Interim Management in particular
- the short-term availability of external managers,
- the efficient and fast onbording process
- the timely implementation of upcoming projects.
Interim Managers are particularly in demand
- when getting companies or parts of companies into shape
- in the opening up of new markets
- for Turnarounds
- for corporate restructuring
- for controlling and implementing complex projects
- for bridging vacancies.
In addition, clients can also source specific expertise via Interim Managers.
Practical examples for the field of application of an Interim Manager
The field of application of an Interim Manager is extremely diverse and can also bring great advantages for your company.
Here are some examples from practice:
- The existing management capacity must be expanded quickly, as urgent new tasks are pending that can no longer be handled by the existing management.
- A manager drops out for an indefinite period as a result of illness or accident.
- The definitive filling of a management position does not succeed in time, so an interim solution is chosen to save time.
- To implement an important internal project, an unencumbered leader is hired from the outside.
- For the introduction of new technologies a project leader is sought who can bring in the aspects of entrepreneurship from his own experience.
- To stabilize a company in a critical situation, a manager with crisis experience is deployed on a temporary basis.
- For the smooth establishment of new activities abroad a personality is assigned who knows foreign cultures.
- The great success of a company leads to growth problems, which are to be bridged with an experienced Interim Manager.