Friday, 4th July 2008

Interim Management

The role of the interim manager is important in the corporate world and particularly through the expansion of turnaround management.

Increasingly companies face the challenge of ensuring sufficiently experienced senior management are in place whilst balancing the demands of a cost-conscious business climate.

Engaging experienced senior executives on short term contracts, typically between 3-9 months with key skills provides a focused approach to strengthening areas of weakness in a management team.

Turnaround management, an important feature of business in the US is achieving increasing prominence here in the UK.

The last decade has seen a change in approach amongst banks and other financial institutions to handling businesses experiencing difficulties driven by a positive desire to cut client attrition rates and improve customer performance. Their in-house business support functions have become increasingly sophisticated in their approach with external advisors being only used where they are able to add genuine value.

We endeavour to offer a one-stop solution for a company's turnaround needs.

We have a broad base of existing interim managers with varied skills and sector experience who work closely with us on chosen assignments.

We find at times that some managers are prepared to back their professional experience by investing at an early stage in a business which although underperforming, has the potential to succeed.

We appreciate the dynamic world in which interim managers operate and welcome the opportunity to meet new executives.

Ask LC