In a world that is constantly changing, companies sometimes need immediate support and expert knowledge. Interim managers offer exactly that – and much more!
Nina Neubauer, Annika Porsch and Thomas Tschol have compiled the top 10 arguments in favor of this contemporary management mode for you.
1. Rapid availability:
Interim managers are available at short notice and can be quickly integrated into the company, which is particularly advantageous in crisis situations, urgent projects and sensitive vacancies.
2. Experience and expertise:
They bring extensive experience and specialized expertise that they have gained in various companies and industries. This enables them to make sound decisions quickly and develop effective solutions.
3. Flexibility:
Interim managers work on a project-related and temporary basis, which enables the company to react flexibly to changing market conditions or operational requirements without making long-term commitments.
4. Objectivity:
As external specialists, interim managers have no company-specific prejudices or conflicts of interest. They can bring in objective and unbiased perspectives and implement changes efficiently and effectively.
5. Cost control:
Although interim managers charge high daily rates, on balance they can be more cost-efficient than permanent managers. They are only hired to the extent necessary and there are no additional costs for social benefits, Christmas and vacation pay, sick leave and severance pay.
6. Focus on results:
Executive interim managers are results-oriented and focused on delivering measurable results within the given timeframes. This increases the likelihood that projects will be implemented successfully and on time.
7. Knowledge transfer:
By working with internal teams, interim managers help to pass on knowledge and best practices, which strengthens the competence and performance of their own employees in the long term.
8. Specialized skills:
Interim managers often bring specialized skills that are sometimes not available internally. Examples include change management, restructuring, digitalization, ERP implementation, ESG, M&A expertise or international business development.
9. Minimization of risks:
During restructuring, takeovers or mergers, interim managers can help to minimize risks by contributing their experience in these processes and ensuring that all legal and organizational requirements are met.
10. Management Power:
Interim managers are available at short notice and can be quickly integrated into the company, which is particularly advantageous in crisis situations, urgent projects and delicate vacancies.