In these times of recession, many cash strapped businesses are looking for ways to get the most for their money. This is proving particularly problematic when it comes to recruiting a new member of staff.
If your business could benefit from the extra pair of hands, but you’re not in the financial position to take on permanent members of staff, consider the benefits of Interim Management.
Interim Managers provide temporary, competent guidance on how you can steer your business in the right direction. There are 7 ways in which an Interim Manager can help transform your business:
1) Return on Investment
Interim Mangers are paid on the understanding of goals and objectives being delivered – not just turning up to work to ensure getting paid. This way you can guarantee a high standard of work. Interim Managers are highly skilled and successful at delivering outcomes, solutions and service. Commitment to this level is great for business and should see a great return on investment.
The extra team member can be part of your team within days. This is essential for businesses that need help straight away and one of the great benefits of interim management. Time is, as they say, money. Work can begin as soon as the Manger starts as there is no need to wait for them to work out often lengthy notice periods. As they are part of the team for a reduced time, you can also expect all tasks to be carried out efficiently, but to a high level.
Interim Managers can bring a considerable amount of knowledge and expertise to you business. If you have a skills gap within your team, this is an affordable way to fill it. Interim Managers will have a noticeable impact on your team, maximising your likelihood of success. This knowledge can then be passed on to your permanent staff to benefit your business in the long run.
As an independent member of your team, Interim Managers provide a fresh perspective on both work and your business. They are able to concentrate on what is best for the company and contribute honestly to the team. Interim Managers do not get involved with office politics which ensures a level headed and competent approach to business.
Interim Managers take full responsibility for, and manage a specific project for your business. As well as giving clients peace of mind and confidence in the work, they are held fully accountable for any results. As a non-permanent member of staff, there are no long-term commitments that you company needs to make.
Unlike a temporary or supply member of staff, Interim Managers are not in place to simply “hold the fort”. They work in a position of authority and credibility and bring knowledge and skills. This actively adds value for your clients and is a great way for your permanent team members to learn and grow. Interim Managers have been proven to effectively carry out projects over short periods of time. They are used to working to time constraints and are best positioned to work on any number of projects.
As any future work relies upon a successful track record and positive referrals, Interim Managers will maintain professional standards at all times. It is both in the interests of the company and the Manager that each task is performed to the best possible standard. This contrasts favourably with other ‘temporary workers’ who may also be seeking ‘permanent employment’ or simply motivated by a day rate or extending their contract.
Interim Management is a cost effective way to boost your business’s performance, grow your team, and view things in a different light. As committed and hard working additions to your team, Interim Managers have proven to be a vital investment for businesses of all sizes.