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During Growth Transitions, The Value of an Interim Executive

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Growth necessitates change, which is never easy. Organizations now have access to on-demand leadership that has a track record of scaling up rapidly growing businesses while prospering in the face of change. To keep up with rising demands, a company must have the necessary people and systems in place. What has worked in the past may no longer be effective in the future. As a business grows, it is necessary to enhance its management team. Managers that were successful at one level of revenue, technology, or operations aren't always equipped to succeed at higher levels. Interim CEOs help organizations that are in need of new leadership at a period of rapid expansion. Interims can be brought in to plan and implement a scalable corporate growth strategy in a couple of days. Companies that need new leadership or a clear company growth strategy can enlist the help of executives from all levels of the C-suite: ·          An Interim CEO or Temporary C...

Interim Managers And Their Importance In The Digital Age | IEC LLC

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  It is a fact - digitization is advancing inexorably and requires expertise and core competencies in development, as well as in the implementation of strategies that are optimized for success. As an entrepreneur, you don't have to be an IT specialist at the same time, because the implementation of precise digitization can be taken over by an Interim Manager . What An Interim Manager Can Do For You: When it comes to interim management, most entrepreneurs primarily think of a “loan manager” who steps in in times of crisis or when there is a change at management level. But interim management is also helpful with regard to digitization and offers you the opportunity to save a lot of money and time compared to a permanent IT expert. An interim manager jumps in spontaneously and usually begins his work just a few days after you have been commissioned. Of course, it is important that you refer to a reputable placement platform and state right from the start for what period and for what a...

How Can You Get the Most Out of Interim Managers?

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It has little to do with the quality of interim manager candidates. The only way they can become a candidate is to demonstrate exceptional skill in implementing the solutions customers want. Then, why do the results sometimes turn out to be bad? Unfortunately, some companies treat hiring an interim manager like a magic potion: Leave someone - anyone - in the position and wait for surprising results. It simply doesn't work. To produce the extraordinary results expected of interim managers, more is needed than anyone can be inducted into the position. The secret to maximizing profits lies in what happens even before an interim manager is elected. Use these steps to improve your results.      Define Your Requirements: Getting the desired results starts with determining what exactly you do want. Ask yourself the right questions. What do we want the interim manager to accomplish? Are our definitions of his areas of responsibility clear and precise enough? If not, elaborate on ...

Types of Growth and Expansion Strategy | International Executive Consulting LLC

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What is the development strategy? A growth strategy is an action plan that allows you to achieve a higher level of market share than you currently have. Contrary to popular belief, growth strategies do not necessarily focus on short-term earnings; Growth strategies can also be long term. As an action plan, your development strategy should include the following components: • Goal: What do you want to achieve? • People: How is each department affected by your goal? • Product: Is your product positioned to help you achieving your goal? • Strategy: How will you work towards your goal? Types of development strategies: You know you need a growth strategy, so... what should it be? There are four classic types of growth and expansion strategies that companies may use one or more of the following. • Product Development Strategy: To increase your market share by developing new products to serve that market. These new products should either solve a new problem or add to an existing p...

Top Signs You Need an Interim Executive | IEC LLC

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International Executive Consulting LLC featuring top interim and part-time executives worldwide, interim services, interim CEOs, C-level executives and more. But, the title is not the main focus. Interim executives are often project-based resources that can be drawn on to complete large projects with the current management team, someone to mentor internally, or assess how your business is doing and can prepare a roadmap for the future. If you meet the following criteria, we may be able to help: 1) I want to improve and grow my business: • Is your business growing at the right pace? • Are you taking advantage of all the opportunities that are presented to you? • Do you have a clear roadmap and strategy for the future? • Are you executing your strategic plan well? • Does the market have a positive perception and awareness of your brand? • Do you have a clear view of your finances and your profitability? • Are your operations maxed out? • Is technology fully enabling you...

5 Key Steps to Making a Good Impression as an Interim Executive | IEC LLC

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As customers increasingly demand more from businesses, it is not surprising that so many organizations are going through some form of change and transformation. However, to ensure that these changes are successful, every business will need experts in their teams that they can rely on. This is when many people turn to interim executives with higher calibres to guide their teams in the right direction. Interim Executives are not a permanent solution (although some individuals may take a permanent position within the business after their job is done) but a solution for rapid turnaround, achieving rapid results and identifying strategies to move the business forward is. At International Executive Consulting LLC , we have always seen a demand for interim executives, but it has grown exponentially over the years. So, I wanted to share some of the benefits of hiring an interim manager and why so many businesses are choosing to do so: 1. Speed: Interim executives who are hired to address urge...

Tips To Get Shortlisted For C-Level Executive Post - IEC LLC

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Unloading a C-suite role can be the ultimate challenge for many veteran executives, with the number of potential roles climbing to another at the top. Although many leadership styles, experience levels, and personal traits vary from one C-level executive to the next, there are several key features and activities that form the bulk of a successful C-suite, which can be attributed to their success. If you have aspirations for the C-suite, then when your next C-level opportunity arises, here are the expert's top tips to get yourself in a better position. To Be Able To Demonstrate Your Influence: Being able to measure your tangible impact on your current and past organizations can be instrumental in securing your future C-suite role. You should be able to provide facts and figures to show how your efforts have improved your company and how you have been able to achieve high calibre results in high pressure environments. Be Ready To Face New Challenges With Enthusiasm: When it comes to ...