One might argue that we no longer have day jobs. At least, our working days now look very different. We see each other less often in an office environment, but still have to keep businesses running normally. That’s on a normal day. What happens when the competitor landscape changes, systems and processes won’t cope, or an opportunity to grow through acquisition arises? Often, executives are expected to have the bandwidth to do the day job, keep operations up and running, and lead a change programme. If anything unexpected then needs to be dealt with, this could seriously spoil someone’s day.
One solution is clear, and I’ve been championing it for fifteen years: hire an interim executive. Business leaders should hire interims when they are trying to combine the day job with making change happen. Experienced interims bring a shot of adrenaline when companies need to accelerate change. They can be hired at short notice when a company hits unexpected bumps in the road or even something more existentially challenging. The core benefit they offer is time. Bringing in an experienced head – someone who has managed change before and will get on with delivering it – gives business leaders crucial time to think and act rationally under pressure.
Interim executives bring clear thinking and best practice from a wide range of different companies and industries. So what are the qualities of these expert game changers?
Whether a company faces planned or unexpected change or has to deal with a leadership transition, when an executive leaves – interim executives are a serious solution. Much has been said and written about what an interim is, and what they do. I like to keep the message simple so that companies know where to go when they need extra experience fast. Interim executives accelerate change because they are the great expert game changers of the business world.