The 6 essential steps of interim management assignments

The 6 essential steps of interim management assignments

Nowadays, all types of organizations make use of interim management. From SMEs all the way up to international groups, these organizations regularly request the help of interim managers.

There is a very large offer of assignments, but the aim is always to bring a major project to fruition.

 

Local authorities, associations, investment funds and other parastatal bodies also subscribe to this form of managerial solutions. Although the types of cases and many and varied, they always revolve around bringing a major project to fruition. Here are the 6 main steps for successfully carrying out an interim management assignment.

 

Step 1- Defining objectives

 

Drawing up specifications helps to understand the company's challenges and objectives in order to make sure that interim management is the best solution. An in-depth understanding of these challenges and a document detailing these challenges will enable the company to choose the best profile to fulfil the assignment.

 

Step 2 – Validating the choice of interim manager

 

This step consists of checking the interim manager's skills and motivations against the specifications.

The manager must always possess a high level of technical expertise and practical experience of the work performed during the assignment.

 

Step 3 - Evaluation of the challenges with the company

 

The exchange between the client and the interim manager must serve to outline the assignment, and to determine the key challenges.

 

Step 4 -Start of the interim management assignment

 

The first 10 days of the assignment are crucial, because it is difficult to change the first impression given by a new arrival within a group and the length of an interim management assignment rarely gives them the opportunity to make up for a bad first impression. The action plan helps to summarize the list of topics or issues to be looked at, as well as the actions to be taken.

 

Step 5 – Measuring progress

 

Measuring progress and steering are often key to an assignment's success. The interim manager's interventions are marked by notes in accordance with the engagement letter drawn up by the company's or the organization's decision makers.

 

Step 6 – End of the assignment and handover

 

The interim manager's intervention is defined on the basis of an assignment. The average length of an assignment is generally between 6 and 18 months. Upon entering the company, the interim manager must provide for and ensure continuity. Handing over the roadmap marks the end of the assignment and enables the management or the interim manager's successor to take over.

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