Interim Management
Interim Management is evolving in Australia and is fast becoming an invaluable resourcing solution for organisations, whether during start-up or growth, consolidation, or recovery and transition.
An Interim Manager can be an asset to both large and small organisations and the ideal solution to a temporary skills shortage for your company if it is:
- Restructuring
- Relocating
- Underperforming
- Embarking on a new project
- Short of specific expertise
- Coping with the sudden loss of a senior executive or
- Experiencing staff shortages during holiday periods
- As a result of the initial project the client returned to Hamilton Rich to provide an interim manager for the next year's review.
Traditionally these issues were difficult to address effectively, however a solution can now be found by appointing a professional individual who will not form part of the "career work force" but rather act as a highly skilled resource able to be engaged on a project basis.
Interim Managers can join a group for weeks or months depending on circumstances, complete the task and then depart without creating any long term employment consequences, unless of course both parties agree to a longer term or permanent arrangement. In many cases the Interim Managers can bring a wealth of direct experience to a task that may not be currently available in-house. Their independence can also result in a more objective approach being applied to the task at hand.
The interim solution very often represents the most timely and financially efficient way of solving a short term management problem which can result in improved profitability, enhanced productivity and cost savings to an organisation.
Click here to see a diagram which summarises the benefits of Interim Management.