Interim Managers & Directors

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Interim management can help your business to meet all kinds of challenges, from change management, transformation projects & developments, to meeting specific short-term gaps in expertise, knowledge and skills.

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The immediate advantage that interim management brings over other routes of recruitment is the ability to very quickly bring in experienced, knowledgeable individuals to work alongside your existing team, introducing new skills and applying experience.

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Interim management is a flexible and cost-effective solution. We have a proven track record in introducing experienced interim managers with the knowledge, skills, experience and objectivity required to oversee major company changes and initiatives.

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Why use an Interim Manager?

An interim manager enables you to harness the skills of a highly experienced person, at short notice, to fulfil the needs of your organisation at a particular moment in its life.

 

Typically, our clients employ an interim director or manager for a number of different reasons, including the following:-  

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• Interim managers / directors may be brought in at a time of growth or change for an organisation. New business development, start-ups, restructuring or mergers/acquisitions within a company are all productive areas for an interim manager. 

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• Interim managers / directors are often brought in at a time of crisis to turn round a struggling or failing service or business. They may offer additional / complementary expertise to an overstretched or challenged management team. This could mean bringing in additional knowledge or experience, solid financial management or informed counsel to an organisation that has lost its way.  

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• Interim managers / directors are often used to tackle issues such as poorly managed commercial relationships, broken procurement contracts, grievances or problems with internal relationships. 

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• Equally an interim manager or director can give a company or organisation some breathing space during the recruitment of a permanent executive or a period of temporary absence of an existing executive. 

 

Stratosphere has a track record that is second to none in providing the right interim manager for the job. 

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By developing an understanding of clients' particular business and its needs, we can recommend and place interim managers who fit in well and can make a difference from day one. We have robust methods for matching the right interim to each assignment.

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Advantages of Interim v Permanent

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Permanent Director                                          Interim Director

• Fixed employment costs                           Daily rate charged for days worked              

• Typically a 3 month notice period            7 day notice period

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  10 weeks to recruit                                     3 days to recruit

• Member of Paid Service                            Classed as a supplier

• 6 month induction period                          Performance measured from day 1

• Redundancy liability                                   No redundancy liability