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Executive Interim Management . Barry Waller. What is Executive Interim Management? . What is an Executive Interim Manager?. Early definitions Chosen career path Professional contractor Proven track record Mid 40s+? Financially secure. Why are Executive Interim Managers used?.
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Executive Interim Management Barry Waller
What is an Executive Interim Manager? • Early definitions • Chosen career path • Professional contractor • Proven track record • Mid 40s+? • Financially secure
Why are Executive Interim Managers used? • Skills shortage at senior management or Board level – strategic hire • Gap management • Distress purchase
Where do Executive Interim Managers operate? • Across all industries and disciplines • Wherever there is change • Board level and two positions below • Across all borders
How do they operate? • Agreed key deliverables • Independently minded • Apolitical • Free from hierarchical restrictions
Benefits to the client • Access to huge talent pool • Evidence of previous achievements • Industry specific • Function specific • Professional problem solver • Flexibility • ‘Grey intellect’ • No baggage
Benefits to the Interim Manager • In charge of own destiny • Choice of assignments • New project, new client each time • Flexibility • ‘Inverted age-ism’ • Using talents to the full
What does it take? • High emotional resilience • Professionalism and commitment • Ability to hit the ground running • Understanding of USPs • Different mind set • Adaptability • Business development
Opportunity sources… • ‘Little Black Book’ • Interim service providers • Referrals • Previous clients
Types of client • SME • PLC • PE/VC • Turnaround • Public and private sector