What is the Interim Management Assignment Lifecycle

By Ruth Williams


The Interim Management Assignment Lifecycle provides a guide for interim managers and employers, setting out clear stages of progression for an upcoming contract. Although interim management across different industries will require different skills and expertise, the process of implementing it tends to be very similar. The Interim Management Assignment Lifecycle was created to be a general guide which can be adapted to suit the situation or sector, it is likely that any interim manager hired to fill a post will probably be following the following stages:

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.

Diagnosis

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 be guided at this stage by issues the employer is already familiar with, but the focus should be upon utilising the new perspective that is unique to the role of the interim manager.

Proposal

At this stage, the interim manager presents to their employer their findings and what their proposed strategy will be to overcome these issues and to achieve the goals previously outlined. The proposal should be centered on producing 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 resolve issues or execute effective change.

Execution

This is probably the most crucial 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 could end up being closely involved in many aspects of a running business and will usually be required to take charge of workers 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. If the interim manager has successfully implemented their proposed strategy and produced good results then they may have the opportunity in the future to return and 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.




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