Instead of the cost of an interim manager, successful companies take into account the high cost of failure: loss of market share, delays in development and exhaustion of key staff.
Ensure the achievement of your budgeted goals with an interim manager. Get specialized expertise immediately when your resources or skills are insufficient.
Ambitious Goals Meet Reality
Company business units are currently in the midst of next year’s budgeting. The situation is familiar to many: goals are set ambitiously, and plans look excellent on paper. In reality, however, many companies forget to realistically assess how current teams and experts can achieve these goals.
Challenges often materialize in the following situations:
- Current projects are already at maximum load
- Key personnel are operating at their limits
- Development projects require specialized expertise
- Resources are insufficient to implement all objectives
Many companies have found that although their goals are headed in the right direction, implementing them with current resources would be impossible. Teams are already stretched to their limits with existing projects.
“Up to 70% of strategic initiatives fail due to inadequate resources or expertise.”
Interim Managers to Implement Budget Objectives
In this situation, an interim professional can be a decisive factor. They don’t just come to advise or consult but to concretely implement the measures required by already prepared budgets. An interim manager brings solid experience and specialized expertise to ensure the achievement of objectives.
The key added value of an interim manager:
- Focusing on a defined task
- Immediate readiness to take action
- Experience of similar situations
- Ability to identify and avoid typical pitfalls
- Skill to ensure efficient project implementation
- Expertise in maximizing team potential
The experience brought by interim professionals helps companies avoid typical pitfalls and significantly accelerates project implementation. Companies gain access to exactly the expertise needed to achieve their goals.
One-time Cost vs. the Price of Missing Goals
A significant advantage of hiring an interim manager is its one-time nature – the company does not commit to long-term fixed costs. The company pays only for the expertise it needs, precisely when it needs it.
“Successful companies don’t think about the cost of an interim manager, but rather what the price is if goals are not met.”
The real price of missing targets can manifest in many ways:
- Loss of market share to competitors
- Delayed strategic projects, e.g. cost-saving programmes
- Slowing down innovation and development
- Key personnel burnout and turnover
- Weakening of competitiveness
Investment in an interim professional often pays for itself in just a few months. The alternative could be significant market share loss and several delayed development projects.
The Missing Piece for Achieving Goals
The business world is full of excellent but unrealized strategies. Often the reason is simply that the company’s own expertise and team resources are not sufficient to achieve all objectives. An interim manager can be just the missing piece that turns next year’s ambitious plans into reality.
The impact of an interim manager is particularly evident in:
- Efficient implementation of strategic projects
- Successful execution of change initiatives
- Developing team expertise and efficiency
- Strengthening the organization’s renewal capability
- Systematic achievement of objectives
The most important thing is to act in time. Once budgets and goals are set, it’s time to ensure their implementation. An interim manager brings both expertise and additional resources exactly when they are most needed – whether for growth initiatives, change projects, or putting strategy into practice.
The question is: is it worth taking a big risk of missing targets when the solution may be just one phone call away?
Frequently Asked Questions About Interim Managers as Goal Implementers
At what stage should an interim manager be brought in to implement budgets?
The best moment is immediately when it’s noticed that goals require additional resources or specialized expertise. An interim expert can bring valuable insight already in the planning phase, but it’s particularly important to ensure sufficient resources for the implementation phase. Quick reaction saves both time and money.
How is the cost of an interim manager determined?
The cost is typically based on the required work contribution and project duration. The advantage of an interim professional is flexibility – you can agree on a certain number of working days per month, for example, and change this as needed. The cost is one-time and does not bind the company to long-term personnel expenses.
How quickly can an interim manager start?
An experienced interim professional can start very quickly, often with just a few days’ notice. A long orientation period is not necessary, as interim managers are accustomed to rapidly adapting to new situations and operating environments.
What if we find we need different expertise than we originally thought?
The advantage of interim management is its flexibility. Work contribution and focus areas can be modified as needed. If it’s noticed that different expertise is needed, the job description or even the interim manager can be changed according to the situation.
Can an interim manager transition to become a permanent employee of the company?
Yes, if both parties so desire. This is actually one of the benefits of interim management – you get to see the person’s expertise and suitability for your organization in practice before a possible permanent employment relationship.
How do we ensure that an interim manager fits our organizational culture?
Professional interim experts are accustomed to adapting to different organizational cultures. They understand their role as temporary reinforcement and know how to act accordingly. The most important thing is open communication and clear objectives right from the start of cooperation.
What if the interim manager doesn’t meet our expectations?
The situation is rare, as experienced professionals are carefully selected. However, if this were to happen, the matter can be resolved quickly – this too is one of the advantages of interim management compared to permanent recruitment.
