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FAQ

Some questions and answers about interim management

It was “thanks” or “because of” the first oil crisis in 1973 that interim management was born and it has been developed in the Netherlands.
The Dutch have a reputation for being excellent traders, but they are also direct, pragmatic and agile in the way their businesses operate. Faced with this first major global economic crisis, they are the first to seek out skills that they did not have internally.

Building on the success of this solution, interim management then spread to the United Kingdom and Germany in the 80s. Interim management took 20 years to arrive in France. Indeed, it was in the 1990s to 2000s that it developed in France. The market is captured by specialized firms that position interim management towards elitism, thus slowing down its development compared to other countries.

The covid period has boosted the volume of the market from 400 million in 2020 to 800 million in 2024. Even if we are progressing faster, we are still far from
behind the United Kingdom: 2.2 billion, the Netherlands: 2 billion and Germany: 3.5 billion

Interim management consists of entrusting, for a limited period of time, the management of a company, a subsidiary, a department or a project to an experienced manager
and external — called interim manager — in order to manage an exceptional situation or to lead a strategic change.

This manager intervenes operationally, with decision-making authority and a precise result objective, to stabilize, transform or relaunch an organization.
It does not replace the existing management in the long term: it acts, transmits and leaves once the mission has been accomplished.

The interim manager is mostly a man (about 75%), aged around fifty (56 years old on average). He most often performs functions
CFOs or HR directors, mainly in the industrial sector (45%). Its missions last an average of 7 months, with an average daily rate (ADR) of around €1,000.

The advantages of interim management are numerous:

– Responsiveness, an interim manager can generally offer himself 48 hours a week with the firms. In 6 minutes flat at manag-in thanks to its AI

– Operationality, an interim manager, is not a consultant, he does. He is operational immediately given his experience.
– Interim management brings new skills to the company that allows you to manage new projects and train teams.
– Freedom: No policy, the interim manager is not intended to stay in the company. He therefore has freedom of expression, he is focused on his objectives and thus move the lines.

– Adaptability: transitional eaters, given their experiences, have an excellent ability to adapt to the values and functioning of the company.

The position of the interim manager is characterized by total objectivity and “political” neutrality in his interventions. Detached from any internal career stakes, he can act in the exclusive interest of the company and the mission entrusted to him.
His approach is based on

– On “active listening” to the situations/of all stakeholders, whose trust he must obtain, allowing flexibility and adaptation.
– Clear and regular communication to the entire ecosystem
– Strategic leadership
– “Fast” decisions, based on analysis and intuition, with a strong impact, and to take responsibility for one’s choices
– On the desire to develop people and human capital (Being ethical and responsible)

There are several solutions for finding an interim manager. As a general rule, the company that has a need contacts a recruitment firm specializing in the search for interim managers.

There are several forms. Either a firm that has physical premises that only works with this target of managers, or firms that have other vocations (traditional recruitment or hunting for example) and that have a department dedicated to interim management. For several years now, there have also been specialized digital platforms that allow easier and more direct access to interim managers.

Be careful, however, because the majority of these platforms actually work like traditional firms in a digital guise. To date only Manag-in.com is a 100% digital platform for connecting companies and interim managers. It offers the advantage of offering a more efficient service thanks to its “matching” algorithm specifically created for the interim management market, and this at a much more affordable cost than the appropriate firms.

Finally, it is possible to call on your professional or personal network by soliciting your contacts (managers, experts) and asking them if they can recommend someone to you. The latter option is more complex for the company looking for a manager.

To choose an interim manager, it is necessary to have made a brief as precise as possible on:

– On the reason for the mission, its content, its duration
– The technical skills inherent to the function that the TM will perform:
experience, sector, mobility, ADR, hard skills
– The internal or external resources necessary to carry out the mission
– The “soft skills” necessary for the mission environment,
the company’s culture, to the profile of the team
At Manag-in, thanks to our Matching which also includes a behavioural analysis (GRI), we can offer you at least 3 profiles in 6 minutes
matching your brief

An interim manager can help a company in several ways:

– To give the company the benefit of their experience and hindsight.
– Transfer skills to your team.
– Replace an employee at short notice.
– By breathing new life into a project for the company.

The areas of intervention are very broad. First of all, TMs can intervene in the context of the management of a team, but also to support a
manager in his need for personal development (on-boarding), as part of a project management or more simply as a consultant.
The different contexts of intervention are, without being exhaustive, in general the following:

Cash management, Project management, Crisis / turnaround / recovery, Accelerated digitalization, Mergers Acquisitions / MA, Growth management, Change management, Internationalization, Relay management, Industrial revival

It is possible to have an interim manager intervene within 24/48 hours minimum. The time for the recruiting company to be able to have a pre-selection of managers,
to meet the selected profiles (often 3 maximum) in person or videoconference and to offer them the desired framework of intervention concretized by a contract, often called
“assistance agreement”.
Once the manager is in office in the company, the MT is generally operational after a first week of discovery of the company, thanks to
to all the experiences acquired by the MT in a wide variety of sectors, company sizes and contexts. It should also be noted that in order to be operational very quickly, the MT must be oversized in relation to the position or function to be occupied.

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