Tuesday, 20 September 2011

Discover what is Involved in the Interim Management Assignment Lifecycle

The Interim Management Assignment Lifecycle provides a guide for interim managers and employers, setting out clear stages of progression for an upcoming contract. Interim management across different sectors is bound to require different skills and responsibilities, but the process of implementation tends to be very much the same. This is a general guide which was created to be adaptable, so any interim manager hired to fill a post within any company will probably find themselves following these stages:

So, what are the stages of interim management assignment?

Entry

An interim manager will start their employment by going through the goals with their employer. There is always a clear purpose for interim management so it is good to go through the objectives and time frame within which it will be completed at the start of the contract. This is also a good time to go through what is expected of the interim manager in terms of the company vision and value.

Analysis

Once the interim manager's contract has begun it is up to them to make a diagnosis of the situation and start taking steps to address any issues which may be present within the organisation. The interim manager may have received some guidance regarding any current issues however, the key role of the interim manager is to look upon a situation with a fresh pair of eyes which may uncover any hidden problems.

Proposal

At this stage in the Interim Management Assignment Lifecycle, the interim manager will take their findings to their employer and propose a strategy for change. The proposal should be centered on delivering the results which the employer needs but should also incorporate the interim managers unique insight on the situation, after all the reason for their recruitment was to take care of issues or execute effective change.

Implementation

This is one of the most important stages in the Interim Management Assignment Lifecycle. At this point, having agreed on a proposed strategy with their employer, an interim manager will begin to enact the necessary changes. The interim manager may become closely involved in different aspects of a running business and will usually be expected to take charge of employees to influence a policy change or a new direction.

Departure


The role of the interim manager is complete once the objectives of the strategy have been completed and the employer is pleased with the results. Upon exiting the organisation, the interim manager may have the opportunity to return to the employer at points in the future to follow up points or offer guidance on a consultancy basis.

Adhering to these stages of the Interim Management Assignment Lifecycle should take you through your contract without trouble and leave you with another success to add to your portfolio.