Why Use an Interim Manager?

    LONDON, ENGLAND, February 15, 2012 /24-7PressRelease/ -- Interim managers can be particularly beneficial during a period of transition, or crisis, in any organisation. During a period of change, a business may need certain expertise and knowledge that's not available in the company already. These particular skills may well be critical for the business to survive and grow.

Here, Paul Fleming, principal of Michael Page Executive Interim, discusses the merits of hiring an interim manager.

Perceived concerns:
There can be some reluctance to use interim managers due to a few perceived, normally unjustified, downsides such as cost and the commitment of the external party. Some organisations also worry about the political implications of temporarily bringing someone in from outside the business.

The benefits:
- Real costs: when considering day rates, it's important to take into account the hidden and total cost of an equivalent permanent employee to the business. An interim manager will only charge for the days worked, with no NI, employee tax, holiday or pension for the employer to pay. When you weigh this up, the day rates will probably seem much more reasonable.
- Flexibility: you'll have the freedom to hire an interim manager on a part-time or project basis to fit your exact scenario and needs.
- Speed: the hiring process is typically very quick. It'll normally take days to find a suitable interim manager, as opposed to weeks or months. This can be hugely useful when an organisation is under strict time pressures. As a highly experienced management resource, interim managers can usually grasp business challenges quickly and add value immediately.
- Fresh perspective: as a new pair of eyes on your company, with a more objective viewpoint, they can offer honest and constructive feedback from day one. They can give honest advice and make objective suggestions, without being seen as a threat to the current management teams.
- Driving results: professional interim managers are normally well received by existing teams, who understand that they've been brought in to help the company reach its goals. They are talented, results-driven individuals who are committed to driving change and making a real difference, in what's normally a short period of time.
- Commitment and ROI: as independent operators, you'll find that interim managers are completely dedicated on performing well for their clients. As their success relies heavily on referrals and track record, they will normally work incredibly hard to deliver the results needed. They can deliver significant ROI, especially when they avert a failure in delivering change.

Hiring for interim management jobs is increasingly being considered as an effective and positive way for companies to achieve their business objectives and bring on board specialised skills at critical times.

Website: http://www.michaelpage.co.uk

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