interim management for beginners E-Book

Marcus Karl Haman

• Herausgeber: Books on Demand
• Kategorie: Fachliteratur
• Sprache: Englisch
• Veröffentlichungsjahr: 2023

Seitenzahl: 47

Beschreibung

Interim Management has grown in several developed countries to an established and acknowledged tool to cover different topics in an organization. The applicability of an Interim Manager is multifold and in tricky as well as in everyday situations it can repre-sent an excellent alternative to own internal resources. Especially when topics, which cannot be found in the portfolio of the core competences of the undertaking have to be dealt with. This book provides an insight into the profession.

Leseprobe

It is never easy to start a new profession

The difference between company consultants and Interim Managers is the conversion and acceptance of responsibility

Marcus Karl Haman

Contents

INTRODUCTION

THE 5 QUESTIONS ABOUT INTERIM MANAGEMENT

THE 5 QUESTIONS ARE:

QUESTION 1: WHAT DOES THE INTERIM MANAGER STAND FOR?

QUESTION 2: HOW DOES AN INTERIM MANAGER WORK?

QUESTION 3: HOW DOES AN INTERIM MANAGER PROCEED?

QUESTION 4: WHICH COPETENCES / CAPABILITIES ARE REQUIRED BY AN INTERIM MANAGER?

QUESTION 5: WHICH WORK TOPICS ARE COVERED BY THE INTERIM MANAGER IN A MANDATE?

WHICH APPLICATION AREAS ARE THERE FOR AN INTERIM MANAGER?

HOW AN INTERIM MANAGER CALCULATES HIS COST?

REMUNERATION

HOW DO I GET MANDATES?

ABBREVIATIONS / LEGEND:

FURTHER PUBLICATIONS

INTRODUCTION

Interim Management has grown in several developed countries to an established and acknowledged tool to cover different topics in an organization. The applicability of an Interim Manager is multifold and in tricky as well as in everyday situations it can represent an excellent alternative to own internal resources. Especially when topics, which cannot be found in the portfolio of the core competences of the undertaking have to be dealt with.

Especially in times of crisis, when jobs are being cut and interim managers are in demand, many employees who are looking for a new, professional challenge try to "save themselves" in an interim mandate. However, this is the wrong approach. Interim management is not a "life raft" on which to seek refuge from unemployment, because the challenges of a mandate demand a lot from a manager. Interim manager is a profession like any other, which should be seen as a vocation and should be exercised just as respectfully. The prerequisites are to be seen like a recipe. A lot of experience, extensive skills in different areas, disciplines, and the knowledge of what you can and cannot do.

The reason is that the interim world is very small, and every error is immediately detected and registered.

A distinction must also be made between the types of interim management that individual aspires to or would like to exercise. Simple holiday replacements at clerk level, the supreme discipline at C-level, or anything in between. Every beginning is difficult, even in this profession, but perseverance and determination are also very much in demand here and demand a lot from the candidate.

A certain amount of courage for change is already necessary to include an external manager for the first time in your own organization, however, in most of the cases a clear additional value adjusts itself within the organization through the awarded mandate. In case of a consultation by a management consultant, the concerns are somewhat less, since he need not be included in the organization. In many instances the management consultant has connection only with the Top Management and he is available to the team only in the training area. Thus, the inhibition threshold is lower, since, as a rule, the management consultant has no access to the company internal data. As against this, the Interim Manager, in order to be able to do justice to his profession and to achieve success, has access to a number of informations and to the employees. However, the Interim Manager also implements steps and thus lines up the proof of his solutions, or he is evaluated by the success or failure of his implementation. Obviously, the Interim Manager is contractually bound to confidentiality and to prohibition against passing on the information by signing a confidentiality agreement.

An Interim Manager brings some advantages with him and depending upon the task given and its area, in a number of instances he saves his costs caused by the mandate. In many instances in a multiple fashion, since with his overall view and his experience, Interim Manager recognizes the unused potentials in an undertaking. Similarly, the Interim Manager develops solutions in order to implement reasonable savings. As many-sided the area of application is, as versatile are the Interim Managers. As example, in Germany everyone who feels called upon for this, can bargain his labor as Interim Manager in the controversial market. In contrast to this, in Austria, the Interim Manager, who comes under the column management consultant must register his profession and must be allowed by the authorities. In this case it is a regulated profession, which is very strictly controlled by the authorities. Alone the wish to practice the profession does not suffice here. It requires a comprehensive training and a minimum number of years in practice with relevant orientation or reference letters of large undertakings with the job description in order to pass positively the validity check by the authorities. And as in every profession, there is a great amount of variation with respect to capability and competence. Many of them want to practice the profession, however, the competence is absent to carry this out. Here the customer must maintain his standards and keep his eyes open for the search of a suitable Interim Manager in order to separate chaff from wheat. However, in the free job market there are the so-called providers, who happily take over the pre-selection of the suitable candidates. However, there are differences here as well. As a rule, every provider maintains an Interim Manager Pool, which contains a certain number of candidates. Each Interim Manager can register himself with an Interim