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 management, these problems can affect an enterprise with limited resources.

A recent survey of 100 senior directors revealed that 78% felt that interim managers offered a clear advantage over management consultants.

Like management consultants, interim managers provide:

  • ·         Latest thinking with a "can do" attitude
  • ·         Short-term access to top management talent
  • ·         Strategic ability
  • ·         A free eye
  • ·         The ability to fast-track an important project

Unlike management consultants, interim managers are:

  • ·         Implementers, as well as strategists, analysts, planners, coaches, mentors, coaches and results-based project managers
  • ·         Loyal to your business objectives - not their consulting objectives
  • ·         With flexibility you need to do what is not limited to do things the way their consultancy determines
  • ·         Focused on your profitability - not the profitability of their consultancy (they do not have an incentive to sell in additional services that you may need.)
  • ·         More cost-effective for both parties
  • ·         Non-hazard to existing employees (they are more team- and partner-friendly.)
  • ·         Increase compatibility and can pave the way for a permanent role within the organization after "feels right - test drive"

Follow International Executive Consulting LLC on LinkedIn and Twitter for interim management solutions and executive to help you reach your full potential.

Comments

Popular posts from this blog

During Growth Transitions, The Value of an Interim Executive

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

How Can You Get the Most Out of Interim Managers?