wanted: good management in a hurry

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What are are your options when you need good management in a hurry for change management, crisis management, managing redundancy, conducting and IPO: recruitment versus management consultants versus interim management

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This is the story of...

This is the story of Chris

THE MD HAS JUST RESIGNED.HE’S NOW SETTING UP A COMPETINGBUSINESS. THERE IS ABSOLUTELYNOBODY WHO CAN TAKE HIS PLACE.

WWHHAATT’’SS GGOOIINNGG TTOO HHAAPPPPEENN NNEEXXTT??WWHHAATT’’SS GGOOIINNGG TTOO HHAAPPPPEENN NNEEXXTT??

This is the story of Jane

WE’VE JUST LOST OUR MAJOR CONTRACT. WE NEED TO MAKE A LOT OF PEOPLE REDUNDANT. WE NEED TO CHANGE THE WAY WE WORK.

WWHHEERREE DDOO WWEE SSTTAARRTT??WWHHEERREE DDOO WWEE SSTTAARRTT??

This is the story of Ben

WE ARE GOING THROUGH AN IPO. WE’VE TAKEN THE BUSINESS FROM NOTHING TO WHERE WE ARE NOW. BUT NONE OF US KNOWS HOW TO DEAL WITH THIS.

WWHHAATT SSHHOOUULLDD WWEE DDOO??WWHHAATT SSHHOOUULLDD WWEE DDOO??

What dotheyhave in common?

They all need...

But where to find one?

Let’s start with what they need...

RREEAADDYY TTOO SSTTAARRTT NNOOWW!!RREEAADDYY TTOO SSTTAARRTT NNOOWW!!NOT IN 6 MONTHS... NOT AFTER THEIR GARDENING LEAVE IS OVER...IN FACT, NEXT WEEK COULD BE TOO LATE

WWIITTHH TTHHEE RRIIGGHHTT EEXXPPEERRIIEENNCCEEWWIITTHH TTHHEE RRIIGGHHTT EEXXPPEERRIIEENNCCEEWE HAVEN’T GOT TIME TO TRAIN A NEWPERSON. WE NEED A “PROBLEM SOLVER” -AND OUR PROBLEMS CANNOT WAIT

OOBBJJEECCTTIIVVEEOOBBJJEECCTTIIVVEEWE HAVE ENOUGH CORPORATE POLITICS.WE NEED A FRESH PERSPECTIVE. SOMEBODY WHO JUST CONCENTRATES ONWHAT’S BEST FOR THE BUSINESS

HHAANNDDSS--OONN AANNDD AACCCCOOUUNNTTAABBLLEEHHAANNDDSS--OONN AANNDD AACCCCOOUUNNTTAABBLLEETIMES ARE TOUGH. WE NEEDSOMEBODY WHO HAS BRILLIANTIDEAS, CAN MAKE THEM HAPPEN – AND IS HAPPY TO BEJUDGED ON THE RESULTS

Who fits the bill?

Who fits the bill?

A new appointment?

Who fits the bill?A new appointment?

A management consultant?

Who fits the bill?A new appointment?A management consultant?

An interim executive?

Let’s compare the options...

LLEETT’’SS AAPPPPOOIINNTT SSOOMMEEBBOODDYY NNEEWW!!LLEETT’’SS AAPPPPOOIINNTT SSOOMMEEBBOODDYY NNEEWW!!AFTER ALL WITH THE RECESSION THERE AREPLENTY OF PEOPLE LOOKING FOR A JOB

But...

What’s more...

There is a paradox of scarcity amidst plenty.

Today’s high unemploymentdoes not mean the talent willbe there when you need it.““

Source: Deloitte, “Has the great recession changed the talent game?” – April 2010

LLEETT’’SS GGEETT AA MMAANNAAGGEEMMEENNTT CCOONNSSUULLEETT’’SS GGEETT AA MMAANNAAGGEEMMEENNTT CCOONNSSUULLLLTTAANNTT!!TTAANNTT!!THEIR ANALYTICAL SKILLS ARE UNSURPASSED.THEY TAKE A BROAD VIEW OF ALL THE STRATEGIES FOR IMPROVEMENT. IF YOU

CANNOT TRUST THE BRIGHTESTMBAs, WHO CAN YOU TRUST?

But...

££11,,000000 ==ggrraadduuaattee ccoonnssuullttaannttddaaiillyy rraattee

And...

We are the trusted advisor to the world’sleading businesses, governments, and institutions.

“ “Source: www.mckinsey.com

We are the trusted advisor to the world’sleading businesses, governments, and institutions.

“ “Source: www.mckinsey.com

We are the trusted advisor to the world’sleading businesses, governments, and institutions.

“ “DON’T YOU NEED MORE THAN AADDVVIICCEEAADDVVIICCEE? WHAT HAPPENSAFTER THE CONSULTANT LEAVES? WHO’S GOING TO IMPLEMENT THE STRATEGIES? WHO IS RESPONSIBLE FORSUCCESS OR FAILURE?

Source: www.mckinsey.com

LLEETT’’SS GGEETT AANN IINNTTEERRIIMM EEXXEECCUUTTIIVVEE!!LLEETT’’SS GGEETT AANN IINNTTEERRIIMM EEXXEECCUUTTIIVVEE!!THEY ARE HIGHLY EXPERIENCED(OVER-QUALIFIED, EVEN), THEY CANSTART IN LESS THAN A WEEK ANDTHEY IMPLEMENT AS WELL AS THINK.

NEW APPOINTMENT

INTERIM EXECUTIVE

MANAGEMENT CONSULTANT

NEW APPOINTMENT

INTERIM EXECUTIVE

MANAGEMENT CONSULTANT

NEW APPOINTMENT

INTERIM EXECUTIVE

MANAGEMENT CONSULTANT

NEW APPOINTMENT

INTERIM EXECUTIVE

MANAGEMENT CONSULTANT

NEW APPOINTMENT

INTERIM EXECUTIVE

MANAGEMENT CONSULTANT

NEW APPOINTMENT

INTERIM EXECUTIVE

MANAGEMENT CONSULTANT

But does interim management work?

One of the advantages of interims is that you have a‘heavyweight, hands-on’manager on site. you get thebenefit of an outsider with a lotof experience, at a cost which isroughly half that of a management consultant

“ “I. McKinnon, Former CEO, LuxferGroup (a £200m MBO from Alcan)

We needed considerably morethan a stopgap solution. We therefore chose a heavyweight interim withFTSE 100 experience. We havesince used interim executiveson further occasions

“ “P. Hird, former Personnel

Director, ITV plc

BIE provided a first rate individual to manage a criticalcomponent of our people strategy and the results weresuperb - a substantial ROIand enhanced organisation capacity

“ “L. Jack, TK Maxx

Quick fixerswith lastingvalue““

Alison Maitland, Financial Times

Where next?

And just talk to us...

www.bieinterim.com020 7222 1010

crispin@bieinterim.com

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