Services
What is Interim Management?
A Better Way…
At Next Thinking Interim Management Solutions, we focus on filling gaps created in organizations by the unexpected exit of management personnel. We help through the transitioning stages enabling firms to maintain momentum. Our services include interim management, commercial energy rebates, and problem-solving.
Bridging Short-Term Management Needs
Interim Management is a proven and extremely effective staffing strategy popular in Europe since the '80s. The approach was adopted when it became costly to hire and terminate permanent employees. The concept was being followed by many countries and is considered to bridge short-term management needs.
Netherlands
UK
Germany
Belgium
Australia
North America
Who Is an Interim Manager
The following qualifications can set someone up to be an Interim Manager.
A top-level independent executive or project manager.
An expert in their respective field.
A high-level performer with a track record of quantifiable achievement.
A possessor of immense drive and energy.
A perceptive individual capable of adapting to new environments quickly and delivering results.
Someone available immediately.
Why Hire an Interim Manager
Interim managers are experienced executives with specialist skills and a track record of achievement. They are hired by businesses on a situational basis to solve problems and hence can fill gaps or take on strategic roles. They deliver results quickly before moving on to the next assignment. Increasing numbers of business leaders are seeing interim managers as a more cost-effective solution than management consultants.
They have seen a lot of different business landscapes and have successfully addressed complexities and challenges such as merges & acquisitions and boom & bust cycles. Ageism isn’t a factor in the interim market because companies are looking for experience. I would say the average age of interims is 50 to 55 years. They are senior VPs, Directors, CEOs who are looking to reinvent themselves and have a lot to offer. They can hit the ground running and be effective within the first week.
Interim or Gap management provides an ROI of 5 to 21 times investment....that's NextThinking™
The Benefits of Employing an Interim Management Executive
Speed of availability – the ability to start quickly and hit the ground running, to be flexible and loyal to your needs with the minimum of recruitment or termination formalities.
Objective/Impartial – sensitive to corporate culture, yet candid and able to tell it like it is without inherent corporate social constraints, personalities, and office politics.
Diverse experience – a proven game-changer and award-winning senior management with world-class training to bring in the industry’s best practices and 'new eyes' perspective.
Results/accountability – track record and performance count, be judged by results/know how to deliver with fewer distractions.
Accountability – usually report to C-Suite or directly to the board (role dependent)
Knowledge transfer – transfer of a considerable amount of skill, contacts, and experience to your team that remains long after the term ends.
Network – an available network of experts in all facets of industry and business.
Cost-effective – a shorter-term contract arrangement with no long-term HR exposure and exempt from benefits and statutory contributions/deductions.
Integration – dependent on the assignment nature, transitioning the eventual permanent hire into their new role with proper orientation, unbiased debriefing, and available follow-up.
Peace of mind - insured, credible, and highly recommended.
Flexible - fit in quickly and smoothly, creating team comfort and stability to meet company needs.
Value - momentum is maintained with a cost-effective ROI of 5:1 to 21:1.