What is Interim-Management and in which case should you need an interim-manager?
“Interim management is the temporary provision of management resources and skills. Interim management can be seen as the short-term assignment of a proven heavyweight interim executive manager to manage a period of transition, crisis or change within an organisation.
In this situation, a permanent role may be unnecessary or impossible to find on short notice.”
Additionally, there may be nobody internally who is suitable for, or available to take up, the position in question.The interim manager can intervene in any organizational or structural changes in the company that requires the point of an operational expert competence.
In a general context of change, crisis or international decentralization of organizations and structures, interim management is definitively a solution in terms of flexibility , responsive and even in terms of costs.
There are a number of different business situations that could result in the need for an interim manager. Typically these could be situations such as crisis management, sudden departure, illness, death, change management, managing change or transition, sabbaticals, MBOs and IPOs, mergers and acquisitions, and project management. The functions of an interim manager are almost endless, thus the scope of an interim managers skill set is quite unique.
Interim management makes it possible to manage different types of situations faced by businesses today : growth, consolidation service, rewriting procedures, crisis management, replacement of a significant or strategic position, implementation of new IT tools, etc…
Many CFO’s agree that the end of the financial crisis and restart of many projects could boost the demand for these interim managers in specific missions.
FINBRAIN-ITC (International Finance , Risk and Treasury Consult) in Belgium , acting as a professional interim manager, will celebrate this year its 12th anniversary in serving businesses. The expansion of our activities in France and Luxembourg fully justifies moving our intervention center to Luxembourg.
Today FINBRAIN-LUXEMBOURG puts its expertise as professional interim-managers at the service of your strategic projects. Transition management offers opportunities for companies, in an economic environment that requires ever greater responsiveness, to find immediately hands-on interim-managers which are specially trained and experienced to lead your projects and transfer their expertise in temporary replacement of executive or operational positions.