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.

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