Interim Management
In business, as in life, things happen: a crisis arises, a key staff member departs, there is simply too much to do with too few resources and too little time, or the type of resource you require is not one that you require as part of your permanent headcount.
These are all situations in which interim management can be of value to your organisation.
Flexibility
Interim assignments can be as diverse as the situations that give rise to its need. They can vary in scope, requirement and duration. Typical interim management assignments include change management, filling key vacancies while recruitment takes place, project management, and company or business unit turnaround management. In fact, it includes any situation in which an experienced and skilled senior or executive manager is needed to achieve a particular objective within or over a defined time period.
We can do
Depending on the availability of appropriate skills within our own team, and amongst our associates, Retlaw Fox can provide an experienced executive or senior manager on either an ad-hoc, short-term, or contract basis in order to achieve specific objectives.
The phases
The following are the typical stages of an interim management assignment and illustrate how an interim manager would enter, implement, execute, and exit an assignment.
Our interim solution
Retlaw Fox is currently able to provide interim management solutions in the following areas:
- Filling executive and senior management positions across a range of general management roles
- Filling CRO / risk manager roles and developing and implementing a risk management framework
- Strategy implementation and change management
New areas are continually added as resources and associates become available. If what you require is not listed above, contact us to discuss your specific requirements. If we are able to help, we will.
Our business support
Depending on client needs and resource availability, business support services are available on either an ad-hoc, short-term, or contract basis. Based on the knowledge and expertise of our available resources and associates, Retlaw Fox is able to offer practical business support in the following ways:
Contract risk management
Is employing an experienced risk manager on a full time basis inefficient for your business? Consider retaining the services of an experienced specialist business risk manager. The in-sourced risk manager will makes it their business to know, understand, and take an active interest in your business and industry. Following this route allows you to engage a high level of experience, at the frequency required by your business, without loading your payroll.
Mandate-based negotiation
Do you have too many deals expiring at the same time and too few experienced negotiators? Retlaw Fox specialises and has proven experience in Oil Company commercial and property deals, but can take on a variety of negotiations to suit your business needs e.g. negotiating specific supply contracts.
Policies and procedures
Is the absence of these receiving criticisms from your auditors? Are your policies and procedures outdated? Is it taking too long to get these in place? Is there a lack of synergy between procedures prepared by different authors in different departments? Retlaw Fox can assist in developing comprehensive policies and procedures that reflect the way in which your business operates.
Litigation and investigation support
Is your company facing major litigation, an investigation from the Competition Commission, or similar unplanned events? Are your existing management resources too stretched to perform the important task of coordinating the collection and collation of material information? Retlaw Fox can assist in performing a key coordinating role between the legal team and business to ensure your organisation is adequately prepared while your managers continue running the business.
Internal disciplinary hearings
Are your senior managers too busy to chair these hearings? Are there issues around independence and objectivity? Are internal business relationships soured by using internal managers to chair these matters? Retlaw Fox can assist by professionally, objectively, and independently chairing these meetings.