Martin Hodel

Interim Management Market Needs

Highly developed Interim-Management nations are the US, United Kingdom, the Netherlands, the Benelux States, Switzerland and Germany. Austria, as well as Spain and Italy are catching up. The concept of Interim Management has a promising future in Eastern Europe/Russia, the Middle East and Asia (China, India, etc.).

In Switzerland, Interim Management has become a standard tool for professionally managed companies where efficiency and speed is a priority. In Germany, Interim Management has become an important alternative to permanent employment positions due to its strive for operational excellence to compete globally.

Interim Management is particularly useful and effective where valuable implementation skills, specific know-how and experience are needed on short notice.

 

The Interim Management concept is also attractive in environments with rigid labor laws and where companies are imposed high hurdles to reduce staff. The cost for severance pay in case of a departing manager exceeds by far the costs of an interim manager deployed for a few months.

 

In addition, an interim manager can be put in action almost instantly, whereas the search for a new permanent employee often takes several months. Furthermore, an experienced interim manager brings an impartial view and fresh, new ideas, as well as specific know-how into an organization. This outside view is an important factor to nurish innovation in companies.