Interim Management

Interim management is a management tool which brings an interim manager into an organisation or company who:

  • has the skills and experience needed by the client
  • is highly qualified
  • will achieve the objectives set within the given timeframe
  • will implement any agreed changes

Interim management involves such management techniques as transition, change, mobile and temporary management.

THE INTERIM MANAGEMENT LIFE CYCLE

How does a successful partnership work?

In order for a project to be carried out, the client has to agree that an interim manager needs to be brought in to the organisation to manage the changes in question.

We look for a suitable candidate among our partners or network of contacts – leading figures, senior managers and specialists in the fields of general management, finance, marketing, sales, logistics, IT, production, purchasing and human resources. As a rule, we find the right person rather quickly.

We can find an interim manager for your company who:

  • has relevant skills and experience
  • will start organising your company’s work so that you achieve your business goals.

“Finding a suitable interim manager is significantly faster and more flexible than carrying out a executive search.”

When does the need for an interim manager arise?

  • REPLACING A MANAGER. When a manager unexpectedly parts company with an organisation or needs to be replaced for a certain period (e.g. maternity leave, illness or military service).
  • GROWTH. When an organisation experiences a rapid growth spurt, expands on its domestic market or moves into foreign markets.
  • NEW PROJECTS. When launching and managing major projects.
  • STUCK FOR IDEAS. When an organisation can’t continue in the same vein but can’t think how else to go about things.
  • INNOVATION & DEVELOPMENT. When you create and implement strategies, plans, systems and processes.
  • BIG CHANGES. When you’re faced with mergers, takeovers or a new ownership status.

WHY HIRE AN INTERIM MANAGER?

  • The labour market is small, the pool of highly qualified workers even smaller and people’s work habits have changed.
  • We can find you the best expertise in your field.
  • Long-term management experience and outstanding results are a guarantee of success.
  • Interim managers come up with solutions and take responsibility for implementing them within a specified period.
  • What needs to be done to achieve a goal is evaluated objectively and ongoing feedback is given.
  • You save on costs, since the interim manager operates with specific goals and results in mind over a fixed period.
  • As a rule, the results are reflected in your profit margin.
  • You have the flexibility of hiring an interim manager on an as-needed basis.

How long you hire an interim manager for depends on your company’s goals and volume of work: from as little as a couple of weeks to as much as a year-and-a-half. Statistics from the UK show that the average mission of an interim manager lasts for 8-9 months.

What characterises an interim manager?

  • Speed. An interim manager can be drafted in at short notice and will stay with you for as long as you need.
  • Experience. Generally, interim managers have held senior positions in companies for years and are highly trained.
  • Independence & objectivity. Interim managers are not linked to the history, founders or traditions of an organisation. They look at your set-up from a new angle and focus on the areas that show the most potential.
  • Results, responsibility & dedication. Interim managers are responsible for achieving results. Getting paid depends on it – as do good references.

Interim manager vs consultant

Based on their competence, a consultant advises a company and comes up with the best solution for it. With that, their job is done. An interim manager offers a solution, works with the organisation to implement it and takes responsibility for the work they have agreed to. The job of a management consultant forms part of the interim management service, but an interim manager’s job doesn’t normally form part of a consultant’s work.

WHY VVT?


SEEK AND WE SHALL FIND

Pakume turul ainsana muudatuste juhtimise teenust, mille käigus leiame ja kaasame teie ettevõttesse vajaliku kogemuspagasiga interim juhi.

RESTART

We can help you rebuild as a stronger, smarter organisation with a new lease on life.

NO MORE SLEEPLESS NIGHTS

We assess how well your company is running and offer you a sense of security that things are as they should be and that your results will meet your expectations.

CLEAR TARGETS

Working with your team, we give your vision a makeover, more clearly define your short-term goals and long-term strategies and help make sure your day-to-day work is geared towards them.

BRIGHT-EYED AND BUSHY-TAILED

We assess the ability of your team and their managers to set and meet worthwhile objectives. We specify the division of roles in greater detail and help to ensure that everyone is motivated.

THE MIRROR

We advise and support managers when it comes to decisions they have yet to make or have already made.

SMART COSTS

We evaluate how appropriately and effectively your company uses its money. We help you ensure that your spending and investments support rather than stymie your goals.

SAYING MORE BY SAYING LESS

We assess the adequacy of the information needed to make management decisions. We chart and optimise work processes, areas of responsibility and chains of communication.

A WORKABLE PLAN

We analyse your financial position, map your risks and highlight bottlenecks. We can be of assistance in drafting and implementing a business plan and finding funds.

LET’S DO THIS

We replace managers temporarily and find leading specialists for longer periods. If needed, we can contribute to the work of your supervisory board as well.

EXPERIENCE & RECOMMENDATIONS

What our clients say about us

“For our team here at Velvet, VVT’s been like the head trainer in some sports competition, using their experience and intelligence to help us work together to achieve the goals we’ve set ourselves. They inspire and encourage us to always do more, and always do it better – and give us advice on how we can do that without injuring ourselves in the process.”
Pärtel Vurma | CEO, Velvet
“We felt like we were treading water, and in ever-changing market conditions that’s not something a successful company can afford to do. VVT’s been of huge help, giving us advice on coming up with and implementing new plans. We’re all sleeping much more soundly now we know we have a team of professionals supporting us, pooling ideas and helping to give us a new face and a new identity so that we can become a stronger and more successful company.”
Margus Lever | CEO, Event Center

Our clients

  1. Mothercare
  2. ELC
  3. Velvet
  4. Extra
  5. Klavmak
  6. Skinest Rail
  7. Opoint
  8. Majandus- ja Kommunikatsiooniministeerium
  9. Aesti
  10. Mones&Tuur
  11. Asematic
  12. Now! Innovations
  13. Olympic Entertainment Group
  14. Lennuliiklusteeninduse AS
  15. E.L.L. Kinnisvara AS
  16. Event Center OÜ
  17. Uptime
  18. Eesti Gaas
  19. Ecofarm
  20. Eolane Tallinn
  21. Nordic Experience

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