People Performance
Interim Management
A good interim executive with relevant experience and a good track record can be the answer to a company's prayers in the wake of the departure of a key manager. However, interim executives don't come cheap, so it is important to put time and effort into making sure you've got the right person for the job.
Interim management is a relatively new industry with great potential for making the most of today's fast-moving business climate. The concept was created by the Dutch in the 1970s as a way of injecting much needed flexibility into the market place. At the time, companies faced long notice periods for employees, so changing their most expensive people in management was difficult without incurring large costs.
Although South African companies have made use of interim managers for some time, they have relied on international agencies to provide them with candidates. Recently, however, an interim management agency opened in South Africa. It combines a keen understanding of the local market with access to international databases of executives and managers covering a wide variety of roles at different levels of expertise and within various technical areas.
These include:
- Plugging a gap created by a sudden departure,
- Managing acquisitions,
- Project management,
- Effecting culture change,
- Setting up new businesses and closing down old ones,
- Mentoring and team development,
- Crisis management,
- Turning around an ailing business.
The best interim managers are already proving that, used effectively; they can be worth their weight in gold.
Maximus works closely with Executives Online to deliver results through Interim Management.
Visit: www.executivesonline.co.za
Coaching
Executive Coaching seeks to establish a practise of self-directed learning, thus enhancing an individual’s search for solutions and resilience in their achievement. Executive Coaching is a particularly effective method to empower senior organisational leaders in order to manage change productively.