Three Reasons Interim Management Works

Brass number 3In an earlier post, I give my view on the six things it takes to be a good interim executive.  In another, I discuss the four cases when, in my view, a business should consider interim executive management.  Today I was asked, “Why does interim management work?”  Here’s what I said.

No Ulterior Motive: For the interim executive, it’s never about “What’s in it for me?”  Or, “What’s the impact on my bonus/options/future job.”  Rather, it’s always about, “What’s best for the company?  What’s the best way to fix this up so I can move on?”

Key Players Engage: It’s never me that turns a place around.  Rather it’s key players – many of them junior managers or individual contributors – who are the ones who make the biggest impact.  (In this post I talk about how, in the first week on each assignment, I figure out who those key players are.)

Prior Knowledge: I never cease to be amazed how often I’ll use something that someone taught me, often a long time ago and / or often in a seemingly very different circumstance.  This prior knowledge from so many varied situations is key.

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One Response to “Three Reasons Interim Management Works”

  1. A Quick Primer on Being an Interim CEO (Including Cleaning the Company Kitchen!) « Change Agent Says:

    […] does interim management work?  There are three reasons why interim management works, and why companies in Europe are so far ahead of American companies in […]

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