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Interim Management : Taming The Chaos

Author: GeorgePurdy Total views: 7 Word Count: 465

The loss of a project manager can be detrimental to a business. The project can become chaotic and time and money are both wasted. Employees become dissatisfied and high turnover rates may result. Interim management is the solution to this problem, though most businesses never consider this. Some of the benefits of an interim manager are outlined below.

Firstly, interim management consultants are very experienced in the intricacies of project management, and are respected and highly regarded by their peers in the field. Therefore, the client can be sure that they are hiring the best person to take on challenging business change projects. Selecting an interim management consultant certified by the Institute for Change Management (ICM) is a great way to ensure that the best person is hired for the job.

Secondly, interim management consultants, unlike most traditional management consultants, have specialized training in the management of business change. Traditional project managers are skilled in guiding a project from start to finish, whereas interim management consultants have additional skills and talent in taking an incomplete, floundering project and putting it back on track.

Hiring an interim manager during a down time can be a good move for your company in order to increase productivity and inspire your other employees to greater heights. Possibly because they know their time is limited, an interim manager can usually complete projects faster and more on time than traditional managers. The difference can be substantial. If you want to give your company a quick boost, your might want to consider hiring an interim manager.

Business owners and managers realize that high turn-over causes lowered profits and stockholder distress. Turn-over can effectively be decreased by utilizing interim management. Employees will feel confident about their job and are much less likely to leave a company if they feel they are receiving good leadership and guidance from an interim manager.

Companies hire interim managers for many different reasons. For example, a company may need to replace an inadequate project manager, or high management turnover rates may be putting expensive projects behind schedule, creating chaos, and causing profit loss. For the business leader looking to decrease turnover and increase profits, hiring interim managers is smart business.

In order to keep project management moving forward when a manager leaves a company, it is a good idea to bring in interim management. This is a fragile time in a company, when employees may decide that the company may be on the verge of collapse, and decide to leave themselves. It is, however, a good time to analyze the potential need for change within the company, and an interim manager can provide solid leadership for these business change projects. Interim managers are experts in these fragile times for a business and know how to lead a company safely through to a successful future.

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About the Author

George Purdy is a well-known public speaker on interim management and has written several articles on this subject. You'll find great resources, tips and tricks on interim management on the next site: executive coaches.

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