Interim leaders are a staffing solution worth considering. They can fill leadership gaps, bring in the right experiences when needed, focus on results and sustain change in the process.
Ready Steady Go!
Our customers want to solve problems and respond to opportunities faster than they ever thought they were capable of, and faster than the competition. When it comes to staffing solutions, many organizations struggle to fill the void created by an open leadership position. Interim leaders and managers help organizations move faster.
The Experience You Need When You Need It:
Today, management teams in most companies are pretty lean. This is cost-effective, but many organizations lose momentum because they do not have enough time, capacity, interest or motivation to tackle critical challenges. Interim leaders bring direct experience in projects or areas where a company lacks expertise for as long as it is needed.
Laser Focus On Results:
Interim managers are catalysts for targeted change. While every manager would say that he or she is “results-oriented,” the interim management role is 100% structured to achieve specific objectives. They are not influenced by existing processes, staffing issues or office politics, making it easier for them to achieve targeted objectives faster than a permanent manager.
Two Steps Forward, Then Two Steps Forward:
The biggest change in operational consulting since I started working 20 years ago has been our clients’ focus on sustainability. A lot of plants have made some process improvements so that everything is back as it used to be within a month. If you’re always losing ground you can’t move forward. Falling somewhere between a consultant and a permanent hire, the tenure of an interim manager can help ensure that any process changes are integrated into a company’s management system, and are therefore more likely to remain. .
Time To Find The Best Permanent Manager:
The cost of hiring the wrong person for a leadership position can add up quickly. These costs include recruitment fees, relocation costs, severance packages and legal fees. This does not include lost productivity, management inefficiencies and missed business opportunities, compounded by the 6-12 months it typically takes companies to recognize and respond to poor hiring decisions. Interim managers can directly support the hiring process and provide more time to find the best permanent manager for a role.
At International Executive Consulting LLC, we provide experienced and best interim experts for your business who will give boost your business as per the requirement. For more information, contact us today!
“Leave it to the experts!”
The development of a new product quickly outpaced the competencies of the mid-sized company, as the project required more than just expertise in development, design, and prototype manufacturing. The CEO reports that “we suddenly had to deal with complicated patent issues, complicated financing, and complicated matters related to launch in the market. There was no project manager on our team who could handle all these particular difficulties.” Thus, the CEO decided to hire an external project specialist with the following qualifications: project-specific information, knowledge of the latest management approaches, a network of supportive experts, and the personal attributes to successfully close the project.
It used to be unusual to appoint interim managers to projects. But the situation is changing due to the increasing number of more complex and demanding projects.
Our interim management experts recommend implementing the following 4 strategies:
Many companies only seek help from interim managers in emergencies. He is expected to make up for the loss and get the project back on track. Our interim experts remind us that “an IT project, for example, that seems unexpected at first glance, can easily develop into a tidal wave.” We also have to note that it is not just about technical tasks; organizational and cultural matters also need to be considered, as introducing employees to a new software.
Today, there is more project specialists than professional project management skills and on-the-job experience. State-of-the-art methods, leadership skills and most importantly, project experience are essential requirements. A company has to compile a precise qualification and job profile to match the ideal project specialist. However, such specialists are difficult to find in the free market. IE Consulting LLC is one of the reputed organizations which provides the best Interim CEO, Interim Manager or Consultant as per the requirement of the client in order to give the best benefits to their businesses.
Interim managers typically work their way into a project quickly and know how to win the trust of the company and employee. Interim managers must necessarily have specialized knowledge of the project-specific industry, they need to know its characteristics. In addition, they need to be masters of the tools and equipment of leadership. In addition to social skills, interim managers must possess charisma and considerable prestige is required, as they have to perform solidly in their position.
Our interim managers provide experience as well as a network of diverse experts, such as specialists in change management or project marketing. Such relations are mandatory in case of emergency in a project. A major advantage is that interim managers can assess the qualifications and experience of their specialists. In many cases, they have already collaborated on previous projects and can quickly resolve difficulties together.
About International Executive Consulting LLC:
International Executive Consulting LLC provides professional consulting services for project and process management, change management as well as the development of the project and process-oriented organizations. IE Consulting LLC with our experts has worked for companies in various industries, primarily from the IT & Telecommunications sector, Plant Engineering, Industrial & Pharmaceuticals, Mobility & Logistics, Banking & Insurance. We have been providing the best service for our customers for more than 20 years in the field. Get in touch with us today!
A Far Sighted Strategy:
The third-generation textile trading company comes – like many other medium-sized companies – from traditional stationary retail. The branch network has been expanded and continuously optimized over many years. The entrepreneur recognized early on that a structural change in the retail landscape was imminent and therefore started developing his own online shops as early as 2010. Valuable know-how has thus been built up in the company over the past few years. The last and consequent step of this multi-channel strategy was the connection to the well-known online platforms with a high reach.
The Challenge For The Interim Expert In The Textile Trade
Coronavirus – the “booster”?
Of course, the coronavirus pandemic and the associated forced closings have also affected textiles companies. In view of the general assessment of the industry, the accompanying house banks had doubts about the supposedly endangered business model. The provision of corona loans was approved under the premise of the appointment of an Interim Manager. The entrepreneur was initially not very enthusiastic about this. However, IEC LLC was able to provide an experienced industry expert who quickly gained trust.
An action plan with a clear distribution of tasks was developed and then consistently implemented. In addition to the “usual” short-term measures for stabilization (short-time work, rent deferrals and waivers, etc.), attention was paid to – further – improvement of operational processes and commercial instruments.
The analysis revealed fields of action for incoming goods management and markdown optimization to be improved. Already in the course of 2021, it was possible to increase the storage turnover rate and optimize the repository. In the platform business, the more targeted availability of goods – despite lower stocks – had a positive effect on sales development. The liquidity was saved by the lower capital commitment.
In order to improve the commercial control, the accounting was converted to a profit centre-oriented view. The planning process was systematized through the use of integrated planning instruments. The external reporting derived from this made the house banks “feel good” thanks to transparent and regular information.
Results:
The structural change was countered at an early stage by means of a multi-channel strategy, and with the interim manager from International Executive Consulting LLC, further future-oriented measures to increase earnings and commercial control were implemented.
The company will emerge from this crisis as a winner – in an industry in which there will be few winners.
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