Interim Management is the provision of senior executives to manage change or transition on a short term basis. The concept is prevalent in mature economies and is upcoming in country. More and more professionals today are open to exploring short-term high level engagements rather than committing themselves to one organization.
Short term professionals are highly skilled and can help corporates to deal with any kind of business challenge including:
- Sudden exit/loss of a senior executive.
- A sudden increase in workload.
- To guide management and staff through new methods or processes.
- Setting up a business.
- Closing down a business.
- Cost effectiveness.
- Managing acquisitions and mergers.
Interim Management recruitment process is no different to traditional recruitment.