Interim Management

Interim Management is one of our most complex services and one that requires the highest level of expertise. Its purpose is to provide a quick and effective solution for temporarily filling leadership positions, particularly in unexpected or critical situations.

  • In case you need any support, please feel free to contact us → Contact 

  • If you would like to take on an interim management assignment, you can contact us here  → Contact
  • Brief summary of our interim services →  Interim Management via Pro Excellence

 

 

When is it a good idea to hire an interim manager?  

It is advisable and recommended for a company to bring in an interim manager when it needs or wants to address an unexpected or difficult situation very quickly. Furthermore, the company wants to achieve a successful solution or change within a short period of time—something it certainly could not accomplish with its existing resources and experience.

We are here to help you navigate turbulent times so you can breathe a little easier and take a break.

Why is it worth to involve an interim manager

  • Speed: the interim manager can start work within days.
  • Objectivity: the interim manager can effectively identify problem areas with an outside eye and an unbiased approach.
  • Rationalisation: efficiency gains can be achieved within a short time by reorganising work processes as necessary.

What does Interim Management mean

  • Fixed-term service: the interim manager performs the managerial function entrusted to him/her on a temporary - i.e. interim - basis.
  • Effective start: the interim manager takes over the job without any probationary period or training.
  • A results-oriented approach: initiating and implementing changes that are long overdue. It seems like a "witchcraft" , but provides real solution. 
  • "Parachute dessert", as interim managers are often called.
  • An important success factor: management support and commitment to change is essential to the success of an interim management assignment.

The most typical types of Interim Management

"Gap" management   

Temporary cover for foreseeable or unexpected resource shortages

  • Sickness / Maternity leave/ Unpaid leave
  • As long as new fix manager is not on board / back again 

The interim management service most frequently requested by clients.                 

  

Change management

Management and coordination of changes (including strategy change)

  • Significant improvement, rationalisation, restructuring needed
  • As long as new fix manager is not on board / back again  

The most common interim management service in practice.                                   

Crisis management   

Handling crisis situation

  • In case of Urgent and very significant cases
  • As long as new fix manager is not on board / back again

Less frequent, but the most difficult interim management service.                        

How to select an interim manager:  here (in Hungarian)  

  • Who are our Interim Managers: Our interim managers have significant experience. We are available for you according to your needs.

Main assignments to date

Name of the assignment        Short description
  • Interim Chief Finance Officer (CFO) assignment (regional)
 →   Case study summary (services/quality inspection) 
  • Interim Finance Director (FD) assignment (regional)
  →  Case study summary (services/IT)
  • Interim Finance Director (FD) assignment (regional)
  →  Case study summary (services/security) 
  • Interim Chief Finance Officer (CFO) assignment (regional)
  →  Case study summary (sales/construction) 
  • Interim Head of Controlling assignment 
  →  Case study summary (production/automobile)

References: 

 "Our reactions to events are the best way to understand the real intentions and drivers. The human gaze speaks beyond and instead of words."

Feedback: "Dora has been hired in our Hungarian subsidiary as interim CFO. In a very difficult context (lack of monthly & yearly closing procedure, accounting team to be remotivated...) she has performed a very efficient and proactive work. She has been always focused on results and has sticked to the agreed planning and terms of her assignment. .....Very efficient, very professional, always able to adapt her attitude to the people she has worked with. I would strongly recommend Dora wherever team building and accounting recovery is required." (Hervé Mazé, group CFO) 

Feedback: "Ms. Dora Szathmari did an excellent JOB in the company. In a very short time she was part of the team and the processes. It was a pleasure to work with such a professional person." (Thomas Dueckers, group CEO) 

Feedback: "....During the liquidation process Dora helped me as much as possible and was very useful I couldn’t wish. Despite being new she could integrate the work so fast and managed many of questions, controlled the process and was very professional. The most thing I am very grateful to her is her kindness and patience. Her knowledge and experience were on a high level. I would strongly recommend Dora as a great professional in accounting and audit." (Ilkhom Narboev, country CFO) 

Feedback: „Dora managed our international finance function as interim CFO for much of 2013. Dora made significant improvements to our processes and controls during this time - and in this way went far beyond our expectations. She was extremely hard working, accurate, diligent and proactive. I would not hesitate to recommend her for any similar such role.” (group CEO) 

Feedback: „Dóra széleskörű szakmai tapasztalatával nem ismer lehetetlent. Nehéz,komplex helyzetek megoldója. Megtalálja a szervezet számára leghatékonyabb megoldást. Nem ismer lehetetlent!” (Tímea Kalina, local HR director) 

The history of Interim Management: here (in Hungarian) 

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