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Interim Management 

Interim Management is needed sometimes to review direction 

1.

Fresh eyes approach is always an advantage 

2.

IF a CEO or COO leaves, there is a few months between appointments and the ship may need steadying

3.

Advantage of an Interim leader is gaining years of his/her knowledge in a few months without massive financial commitment 

4.

Employee morale is often underestimated in companies and can be detrimental to growth

5.

Momentum in a company can be lost without goals, leadership and direction 

6.

Interim CEO can be brought in to help fundraise/prepare for permanent appointment

7.

6 Reasons a CEO Leaves:

  1. Quit

  2. Fired

  3. Death

  4. Retires with no successor

  5. Leave of absence

  6. Sickness

 

Hiring an Interim CEO is all about time and money.  An Interim CEO can be in place in less than a week. This results in business momentum being maintained while searching for a replacement. A search can take 3-9 months.

8 Reasons to Hire an Interim CEO:

  1. Crisis management

  2. Direction change needed

  3. New technology implementation

  4. Turnaround and restructuring

  5. Keep up morale among employees

  6. Pre-or post –merger direction

  7. Succession planning (especially in family owned businesses)

  8. Gain “Fresh Eyes” to problems

TESTIMONIALS

Stephen has been advising myself and the Board for the past 6 months.

 

He has been an excellent help to the team here, helped us source, interview and appoint our new Country Manager for Ireland. We as a company, are going through a great growth phase, a fundraising exercise and looking to grow our business through staff and business development and acquisitions.
Stephen joined us on our weekly SMT meetings and this has been very valuable and appreciated.

 

I recommend Stephen if you are looking for an experienced Manager/Director and I would be delighted to supply any references if required. I enjoyed our consultancy agreement and time spent.

 

Stephen has a relaxed personality, spots things easily and has made some really good recommendations to me.

Peter Thompson CEO Cantrack Global UK 

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