Fraud and Theft
Interim Management is the temporary provision of management resources and skills. In this situation, a permanent role may be unnecessary or impossible to find on short notice. Interim management can be seen as the short-term assignment of a proven heavyweight interim executive manager to manage a period of transition, crisis or change within an organization. Additionally, there may be nobody internally who is suitable for, or available to take up, the position in question.
Interim Authorized Signatory Support
This is done on behalf of Foreign Nationals unable to travel. Using secure emails and other communication methods a local interim manager is able to perform the tasks which normally would have been done by a foreign national.
Interim General Management support
Functions like Visual inspection, personalized team interactions, local regulatory bodies liaison and representations in temporary absence of Expatriate general management team.
Procurement Process Improvement
The supply chains in total disruption there is a need to lot of expertise and seasoned professionals to handle the logistics etc.
Interim Board Representation
The Interim manager acts upon written instruction of the client in the board meetings and performs any other function which form part of the fiduciary responsibility of the board of directors.
Online Bidding for
Physical tendering and limited meetings its is more efficient to setup online bidding platforms which are well managed to improve upon efficiencies.
The limitation on manpower at workplace has led to a further scope of improvement in the enterprise level IT processes be it at shop floors or corporate offices. Use of Artificial tools like Chat Bots for various interactive processes.
The Interim Management Value Proposition
There are several factors that make the interim management offering increasingly popular and cost-effective to client organizations. These factors are characterized as a ‘value proposition’ that interim managers offer to their clients. Although there is some variation at the margins of interim management (with temporary workers, freelancers, and contractors ) the following factors are typical of the interim management value proposition: