Not at all, because you don’t need surgeons that often. That’s why you don’t hire interim managers either, but instead give them a task to deliver. A very important #1 task. A task that achieves a significant effect. Just like a surgeon. Not the cheapest, but the best specialist for the task at hand.
There is a widespread misconception about interim management that compares interim managers with permanent executives. That would be like hiring a surgeon to operate on an appendix. You probably don’t need a surgeon in your management team.
This is exactly how the interim manager should be assigned to a very specific #1 priority task. While the surgeon has to deliver a successful operation, the right calculation in case of the interim manager is: what result, what measurable return on investment (ROI) will I get from using this top resource?
The result can be: securing corporate leadership, a massive reduction in costs, ensuring solvency, the introduction of SAP S4/HANA, the turnaround in the US branch and many other top priority tasks. In financial terms, the results achieved by the interim manager usually amount to several million dollars or euros – depending on the company – but far exceed an ROI of at least 10x.
So, the question remains, why couldn’t existing managers deliver these results? Quite simply because they are not surgeons or other specialists. You wouldn’t ask your CFO to perform your appendectomy. The rest remains the secret of surgeons and interim managers.
Let`s discuss your important task and contact me at asattlberger@executionfocus.com or +43 664 388 4696