Difference Between a Consultant and An Interim CEO | IEC LLC
In the modern, fast-paced business environment, many companies find themselves changing at an alarming rate. And, an interim manager may just be the solution to their need. Whether it is a particular project, company re-structure, a factory re-location, or the long-term absence of a key member by management, these problems can affect an enterprise with limited resources. Often, the answer is " interim management ". Why Interim Management? Many executives, who initially think they need a management consultant, eventually decide to engage an interim manager. The company can be assured of strict management and cost control over a highly skilled person, a luxury they do not want to fund permanently. When the person leaves, it costs. Assignments can range from 30 days to six months to a year or longer. Whether it is a special project, a re-structure of the company, an improvement in sales, a re-location of the factory, or a long-term absence of a key member of mana...