A SMART GUIDE TO INTERIM MANAGEMENT ASSIGNMENT WRITING

Management is a wide concept and consist of various disciplines. Interim management holds a lot of importance as it deals with situations when an organization is going through a period of change or crisis. At such times an interim manager is appointed temporarily who possess the required skills and deal with the situation in a short period.

Interim management assignments are a great way to improve the students’ skills in the subject. For the students who are looking for help in their assignment, we have prepared a brief guide about the subject which can be helpful in writing your interim management assignment.

Specialties of interim managers –

1. Professionalism – Interim managers are expert in their field and are a business organization themselves. They have their own limited companies and are not employees. They have their own business website, email and work as independent individuals.

2. Change – The need for interim managers arise in crisis situations when business needs transformation and improvement. They take emergency steps and bring the required change in a short span of time.

3. Time engaged – They appear at short notice and one they are appointed they start working without wasting time in engaging any politics. They provide quick solutions and reach a conclusion in a fixed time frame.

4. Impactful – Their task is to bring significant changes without wasting time. They have to leave a strong impact and give instant results.

5. Seniority – They are not just managers; in fact, they operate at the board level or somewhere near to them. They are business leads and holds credibility. The interim managers are well-qualified and hold a high post.

6. Independent – They are independent authorities and are outsiders to the company. They are appointed for a fixed period of time and thus are completely impartial and can be trusted to make decisions for the benefit of the company.

Role of interim managers –

For your interim management assignment, you must know what are the roles of interim managers so that you can understand the scope of the subject.

1. An additional resource – They are a perfect resource when the company has no other choice. They are experts in the field and can handle time-sensitive activities wisely.

2. Emergency handlers – They are ideal for emergency situations when the company needs an expert who can provide quick solutions at the time of crisis.

3. Change managers –They are great at managing the change in an organization. They possess the necessary skills and expertise to handle difficult situations.

4. Fill the spaces – In the absence of the higher-level staff in a company, interim managers can play a vital role and fill in the gaps. They provide safety to the business by adding significant value to it and providing high-class services.

Life cycle of interim management –

1. Feasibility analysis – The company and the interim manager keeps a meeting where they decide whether the company actually needs the services of an interim manager or not.

2. Understand the situation – The interim manager diagnosis the situation before taking hold of it.

3. Propose solution – The interim manager then suggests the possible solution to the current crisis.

4. Implementation – He then joins the company and implements the solution using the company resources as soon as possible.

5. Bid goodbye – After all is good in the company, and the objectives have been achieved, he takes an exit.