Typically, these are situations such as crisis management, sudden departure, illness, death, managing change or transition, sabbaticals, MBOs and IPOs, mergers and acquisitions, and project management.
In addition to the definition of Wikipedia the following situations have been particularly suitable for interim management:
§ Timely implementation of critical, novel projects (e.g. in the supply chain, in sales and marketing, in finance and controlling, in IT, etc.).
§ Neutral, unbiased implementation of projects or management tasks affected by internal politics.
§ Increasing management capacity during urgent internal or external issues (e.g. reorganization, mergers & acquisitions, expansion, etc.).
§ Innovation projects where „time-to-market“ is critical for the company.
§ Overseas business activities where local competence is essential to successfully build up, expand or reorganize an operation (e.g. in Russia, India, south East Asia, China, etc.)
§ Successions in ownership and management of SMEs where a lot of diplomacy is required during the transition phase from the previous company owner to the new one.
§ Independent advisory to the Board of Directors.