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What is an Interim Executive?

What is an Interim Executive?

An Interim Executive is a mid to c-level executive who supplements an organizations existing workforce as needed to meet fluctuating requirements for additional expertise without being constrained by the costs and time frame of a permanent hire.  Many companies are appreciating the benefits of tapping into the talents of a selected group of proven, high caliber talent.  These interim professionals range from functional heads and technical specialists to C-level executives, across a wide range of disciplines and sectors.  Unlike a “temp to hire” or a “consultant”, the professionals contract for a specific time period or deliverable.

When would you use an Interim Executive

• Bridging permanent recruitment gaps
• Sudden vacancy (resignations, dismissals, death, injury, illnesses, disability, maternity leave)
• Managing turnarounds
• “Holding down the Fort”, pending a final decision on a senior level appointment
• Managing change of culture, strategy, policy structure
• Taking charge of specific projects such as launching a new product or service
• Part-time management when circumstances don’t warrant a full time role
• Post merger/acquisition management – stepping in to stabilize a situation following a merger or acquisition or pre-sale when a leader has stepped out before the sale is consummated
• Applying special expertise or knowledge on a project that is outside the company’s core competency

What is the process of acquiring an Interim Executive?

Placing an interim executive is a very personalized process of assessing the needs of our client and then finding the best person possible to meet them for a pre-determined period of time, generally 3, 6, 9 or 12 months.  First we ask the right questions and do a lot of listening in regards to the nature of the work, the skills that are needed and any special circumstances that need to be addressed.  Then, the process is put in motion to match the need with the most qualified interim.