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"
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