Interim-Management

Interim management (Latin ad interim, under whose ',' meanwhile ') is a time-limited nature of the business management.

Interim managers assume responsibility for the results of their work in a line position. They leave the company as soon as the problem is resolved and a stable new business or management area is established or after the relaunch of the strategic business unit concerned.

Management on - time (abbreviated MAZ ) is a German translation occasionally used for interim management.

Origin and development

Interim management emerged in the 1970s in the Netherlands and allowed greater flexibility in the regional labor market. Notice periods for employees were very long and often could not respond without significant cost to market changes. In the 1980s, this model was adapted in the UK.

In Germany, the concept of temporary placements of executives has spread slowly until the 1980s in the company. The current comparison with countries such as the Netherlands, the UK and in the U.S. shows that the German labor market is currently undergoing a significant catch-up and more flexible process. In Silicon Valley, for example, only 40 percent of all employees have a classic, long-term employment. In the UK, 20 percent of all managers are used as temporary manager.

Until a few years interim management was strongly associated with the topic renovation. Here are the origins. However, the range of interim functions has now been extended. Almost all functional areas within the company are now occupied with interim managers. In addition to some " king industries " (automotive, TIMES ) also bought other industries opened significantly in Germany, such as the health and social sector, machinery and plant or renewable energy. A size limit on corporations, SMEs or start- ups can not be observed. Even in the context of the owner-managed medium-sized businesses, a growing number of interim managers is operating successfully.

Use

Often the managers are in crisis management, to bridge human failure and occasionally used as a field line to redevelop a part of the enterprise. Therefore, the managers will be happy to seen as " fire brigade " of management, which assume an often unwelcome restructuring or closure and liquidation of a company ( so-called Dirty Jobs ). More recently, the managers are increasingly being used as part of project work when the own capacity of each entity are not sufficient. The same applies to special topics for which a company is not required to maintain in the long term capacity. These include, for example, Basel II, CMMI or implementation of SAP R / 3

In different stages of enterprise development as well as problems and tasks in which specialist knowledge is needed more than just a few consulting days, or if the existing management the tasks alone can not solve or want, provides interim management the best supplement for the management of the company dar. Especially in the field of business transition and succession in the purchase or sale of an operating part or the whole company offers interim management support necessary for the management.

Due to the increasingly frequent shortages of skilled labor, which even the top management is concerned, reinforced Manager can be used to time as a buffer, has been found suitable for the posts to staff.

Staff

Often senior managers act as interim managers, who already worked successfully as a manager in various companies. About 80 percent of the managers are aged 40-60 years. But also young professionals from mid-thirties are represented in the market. Particular attention is given to experience in interim management. The average experience of the individual manager in the interim management is 5.6 years.

However, the bandwidth in the interim management extends much further, to experienced specialists or generalists with years of practical industry experience and probation in difficult situations. It also remains to be stated that the managers are younger and that women break into the hitherto almost exclusively male domain.

The fees of the managers depend generally on the scope of job responsibilities and are sometimes under 1.000,00 € Daily rate plus expenses and any profit sharing. Internationally experienced top renovators can easily cost several times. Highly qualified Interim Professionals are not going to get under 1.250,00 EUR to CEO level rarely under 1.500,00 € (each plus expenses and VAT). Deviations, however, can not only detect for specific tasks or years of experience. The daily rates are also country-specific. The average daily rate for interim manager in Germany is 907 euros, significantly higher than the Italian daily rate of 566 euros. The average European of the managers earned 756,00 Euro per day.

Market

Located interim management is still predominantly in the range of larger medium-sized and industrial companies in Germany. Most of interim operations are mediated through the personal network and only 20 percent by so-called interim management provider.

As advocacy for interim managers and providers are available in Germany DDIM for providers to AIMP. Both organizations through information events, such as the " International Interim Management Meeting" DDIM, AIMP Annual Forum or the 2009 for the seventh time in Munich Forum held interim management of the AIMP.

An open, interdisciplinary operating platform is the CRAG. Here they all meet in the process of corporate restructuring and reorganization involved experts and managers. Due to the nationwide information sessions on current topics and trends in the industry, the exchange under interim managers is encouraged.

In Switzerland, the Swiss confederation united Interim Manager ( DSIM ) the interim management industry; Members of the DSIM are the managers as well as all major interim provider. Current president is Paul Hafner.

However, individual chambers of crafts offer such contacts for their Board members, targeting corporate succession and European perspective.

With increasing proliferation of Interim Management, the number of companies is increasing, use the interim manager repeatedly. Furthermore, those companies that have experience with interim managers already abroad, more willing to choose this form of cooperation.

The largest part of interim management finds its place in the industry and the information technology industry. Also in the health and social economy first interim orders are realized. The length of operating time on a project varies slightly in different countries. Only about a quarter is more than one year in a project. The average exposure of an Interim Manager is nine months.

Criticism

Problems in interim management can be:

  • The manager took too long to incorporate around.
  • The existing management team does not accept the Manager.
  • Investment and redevelopment decisions are not supported by the banks.
  • The company's management "supported" the manager with his choices in the area.
  • After completion of the mandate revised structures are still fragile and one focused on the goal of the organization newly installed control is not an appropriate extent.

What speaks for the use of interim managers?

  • Depending on the experience of the Interim Manager for example, adjustments to market changes and aiming for new market positions or simply overcome acute shortages high probability of target achievement.
  • Simple contractual relations of short-term availability and termination deadlines.
  • No competition for internal managers.
  • Staff development effects.

What should be considered when using an Interim Manager?

  • The results of the interim management are largely dependent on individuals, so that a highly structured selection process is necessary.
  • By integrating into the company to yield insights into confidential internals. For this purpose, depending on the competitive situation of the industry is needed in analogy to indefinite busy executives sustainable arrangements for the conduct of the work being completed.
  • To avoid discontinuities after completion of the activity, the use of time should be sufficient, first, second, be paid to congruence with the strategic corporate goals and thirdly, the following manager responsible sustainably informed on the basis of documentation in multiple sessions
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