Businesses looking to grow and develop are often hampered by a lack of resource at a senior management level. The Interim Management Industry is relatively new, but has grown quickly during the last 25 years to the extent that it is now estimated to be worth £1 bn per annum. This growth is a direct result of businesses seeing interim management as a flexible and lower risk way of managing change within a business which frees up the management team of the business to focus on the ongoing growth of the organisation.
There are a variety of reasons why Via Executive may be brought into a business on a short term assignment:
- Managing change within a business
This may include the implementation of a new strategy and fast tracking of special projects. - Acquisitions and disposals
Bringing an experienced senior interim executive at a crucial time when the client’s management is fully stretched. - Programme or project management
Managing internal projects within a business typically associated with process, control or regulatory issues. - Business improvement
The introduction of an experienced interim manager can assist to improve the performance of a company, division or team. - Business start up
The use of an experienced interim manager reduces the risks associated with a new business start–up in an international financial centre, allowing greater time to recruit permanent staff for the operation. - Gap management
An interim manger is available at short notice to fill a gap in an organisation caused by the sudden temporary or permanent departure of a key executive. - Crisis management
An interim manager brings management skills and resource at a time when a business is faced with a critical regulatory or control issue