The history of Interim Management
Interim Management, i.e. the temporary assumption of management tasks, has established itself as an important part of the corporate landscape in recent decades. However, the history of Interim Management goes back much further than many would expect.
Even in ancient Rome, there were Interim Managers who were temporarily deployed in management positions for a certain period of time. They were called "procuratores" at the time and were used, for example, to build roads or operate water pipes.
The concept of Interim Management has evolved over the centuries. In the 20th century in particular, there was a need for managers who could be deployed quickly and flexibly to support companies in crisis situations or phases of change. In the USA, "turnaround managers" were deployed in the 1950s to get companies back on track during a crisis.
Interim Management only became established in Europe in the 1970s. The concept became particularly popular in the UK and the Netherlands, where it was referred to as "management by objectives". This was a management method in which companies hired managers on a short-term basis in order to achieve specific goals.
In the 1980s, Interim Management also became widespread in Germany. Here, managers were primarily deployed to support companies in the development of new business areas or the introduction of new technologies.
Since then, Interim Management has developed continuously. Nowadays, it is no longer only used in crisis situations or when changes occur, but also as a flexible and cost-efficient alternative to traditional HR management. More and more companies are relying on Interim Managers to quickly and easily hire temporary executives.
Overall, Interim Management has become an important part of the corporate landscape in recent decades. The importance of Interim Management is likely to continue to grow in the future as companies increasingly rely on flexible solutions in order to be able to react quickly to changes.
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