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Interim Management2021-05-28T15:20:42+02:00

Interim Management

F&P Interim Management

For complex projects on a temporary basis, we are happy to provide you with our F&P industry experts with several years of experience.

Our interim managers have years of experience and are field-tested to solve “hands-on” problems for you. For complex transformation projects, we can also put together interim teams that are coordinated with each other and integrate perfectly into your corporate structures, if required.

For a variety of operational interim management assignments, F&P is your competent partner:

  • Implementation of change management projects in operational business units
  • Anchoring Digital Transformation in relevant operational areas
  • Operative implementation of restructuring projects
  • Interim project assignments in operational and support functional areas
  • Filling temporary management positions at the 1st and 2nd management levels of industrial companies
  • Interim staffing CxO positions as CRO, CEO, CMO, COO, etc.

As an interim management firm, we fill your gaps with our industry experts, either through technical know-how transfer and / or demand-based management resources. F&P Executive Solutions has been Associate Partner of the umbrella organization German Interim Management (DDIM) since 2015 and has consistently been one of the main sponsors of the annual DDIM Congress since 2017.

What is interim management?

Interim management is the temporary assignment of a freelance, external temporary manager or project manager in a company to take over temporary management and/or specialist tasks at the first or second management level. The assignment takes place in various task areas, including for example restructuring and turnaround, digital transformation, business transformation or in operational functional areas along the value chain.

Why F&P Interim Management?

Thanks to our USP, F&P AG can provide you not only with interim managers for limited periods and projects, but also with coordinated teams along the entire value chain for complex change projects. Our interim partnership supports industrial companies through the know-how, expertise and many years of practical experience of our partners. The focus of our assignments lies in the analysis of your business areas, the creation and implementation of concepts as well as in the bridging of vacant positions.

Interim Management Fields of Application and Roles in Special Projects

Head of Transformation (CTO)

Interim Manager
Business Transformation

Chief Restructuring Officer (CRO)

Interim Manager
Reorganisation & Restructuring

Interim Management Fields of Application and Roles in Functional Areas

Chief Marketing & Sales Officer (CMO & CSO)

Interim Manager
Marketing & Sales

Chief Product Officer (CPO)

Interim Manager
Product & Innovation

Chief Supply Chain Officer (CSCO)

Interim Manager
Supply Chain, Purchasing, Logistics & Production

Chief Information Officer (CIO)

Interim Manager
IT, SAP & ERP Project Management

Chief Finance Officer (CFO)

Interim Manager
Controllling & Finance

Controllling & Finance

F&P Executive Solutions AG

Consulting & Interim
Management Company

Consulting

F&P Executive Solutions AG
Consulting Solutions

The strengths of F&P Interim Management

Thanks to our extensive experience in project management and the application of modern management approaches, we solve the tasks assigned to us in a targeted manner by deploying our interim managers. One of our particular strengths is the unique selling point of an interim management firm. Here we are one of the best-known German associations of experts. As a result, our interim managers receive professional support and continuous professional and methodological training. The advantages this brings for the client are flexible solutions from well-rehearsed partner teams.

The goals of F&P Interim Management

With the help of suitable interim managers from F&P Executive Solutions AG, our aim is to provide our clients with flexible support in implementing complex projects within a clearly defined period of time. Our special strengths enable us to meet all entrepreneurial challenges and to solve our clients’ tasks reliably, quickly and in a goal-oriented manner.

Full service interim management in transformation and throughout the value chain

Interim Management Focal Points of F&P AG

The strengths and core competencies of F&P Executive Solutions AG lie in the areas of business transformation, digital transformation and also reorganisation and restructuring. Our experienced interim managers also support you in operational functional areas such as marketing & sales, product & innovation, supply chain, purchasing, logistics & production, IT, SAP & ERP project management, as well as in supporting functional areas such as controlling, finance and risk management.

Our other interim management topics & References

F&P AG can not only provide you with flexibly assembled teams along the entire value chain, but also create implementation-oriented concepts for you. Find out more here about possible areas of application or roles of an interim manager and which consulting solutions and industry solutions we can offer you. We illustrate an overview of the large number of successfully implemented interim mandates and projects in selected case studies. Ask for the right Interim Manager.

Our USP as an Interim Management Company

Process of an interim management assignment

The first step of an interim management assignment by F&P is a non-binding consultation. We would like to understand your situation and the challenges involved, discuss the requirements of the role to be filled as well as the project goals with you. We will also show you our wide range of possible assignments. You will then receive an offer from us with detailed services, objectives and a schedule for the temporary project assignment.

F&P ensures the project quality of the interim management assignment

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At F&P, the focus is on the client and his needs. Therefore, we attach great importance to a trusting management consultancy and a friendly contact at eye level. We always keep the agreed goal of our client in mind. For the best possible support, we cooperate with a large network of experts.

F&P paves the way for the sustainable success of your company!

If you have any questions, please do not hesitate to contact us. Get in touch with us!

In these industries we deploy our F&P managers

With the steady growth of F&P, more and more experts from various industries are joining us exclusively, which allows us to strengthen ourselves in a very targeted manner and consistently align our range of services to the needs of our industrial clients.

F&P CASE STUDIES

Our Case Studies

We have already implemented numerous projects with success. Convince yourself!

Interim Management FAQ

Do you still have questions about interim management and the areas in which interim managers are deployed? Then you are sure to find the right answer in our FAQ.

Interim managers are freelancers who work for different companies on temporary projects. They are characterised by the fact that they can immediately provide operational and temporary support to companies without a long training period due to their many years of operational experience at the 1st and 2nd management level and their extensive specialist knowledge.

For companies, an interim manager makes sense when there is an exceptional situation such as bridging a vacant position due to the loss of a manager or transitional need for expertise that is not sufficiently available in the entrepreneur or due to bottlenecks in necessary projects. In such a situation, companies need to react quickly and fill the bottleneck with an external expert. Interim managers close the know-how and capacity gaps quickly and sustainably.

In contrast to management consultancy, the interim manager assumes operational and/or administrative responsibility in a company. He has the task of implementing and completing operational measures and tasks. In the case of consulting, on the other hand, proposals, concepts and methods are developed which the client must implement independently. In both cases, broad, sector-specific and external knowledge is required to support companies in solving problems. F&P specialises in both consulting and interim management.

The increasing flexibilisation of the working world with advancing digitalisation and scarce resources means that management capacities and know-how cannot be kept in-house indefinitely. Interim managers are increasingly taking over the implementation of mandates when project capacities are scarce and special know-how is required. Interim managers are usually available quickly and deliver measurable results and implementable solutions from day 1.

As a company, you not only have the advantage that experts with industry-relevant expertise are available to you at short notice, but also the opportunity to save on personnel costs. During the project, no additional costs arise for you as a company due to wages, illness or holidays.

Interim managers take on responsibility in various areas of a company. These include all managerial positions, such as departmental or divisional management. However, the experts are also often used as management or board members in crisis management, in the restructuring phase and in the reorganisation of companies in distress.

In general, it can be said that the use of an interim manager does not necessarily have to be limited to large corporations. The use of an interim manager can also be worthwhile for medium-sized companies.

Interim management is becoming increasingly popular in Germany. This is probably also due to the fact that interim managers can be employed in all industries. No matter whether in mechanical and plant engineering, in the automotive industry or in the consumer goods industry. They can be deployed in almost any sector.

The duration of an interim management assignment depends entirely on what kind of assignment it is. Usually it starts with a duration of 3 months, but it can last up to 18 months. So you can say that on average the assignment can last 7 – 12 months.

Many consultancies, especially in the IT sector, are used to working remotely with their clients, unlike interim managers. Increasing digitalisation and the hype surrounding video conferencing via Microsoft Teams and ZOOM have highlighted the possibility for interim managers to work remotely rather than on-site in a wide range of projects. This trend will continue and provide an enormous growth spurt in the medium to long term. The advantage for interim managers is that they no longer have to work 4-5 days away from the family. The acceptance of interim management as well as digital project management will increasingly increase.

In order to successfully complete an interim management mandate, it helps to first define the objectives precisely. It is also important to know the risks and to involve the employees in the project with extensive communication. The neutrality and experience of the seasoned interim manager is just as decisive for success as his excellent management and communication skills.

To start the search for the right interim manager, it usually helps to search your own network. When making your selection, you should make sure that sufficient experience is available. It is also always helpful to read reference projects of interim experts before making a decision. Alternatively, it is a good idea to commission specialised interim management providers with the search for suitable interim managers and industry experts. Platforms for the acquisition of interim managers are also becoming increasingly important. These have significant cost advantages, but also entail enormous risks, as the intermediaries accompany the process before, during and in the expiry phase of the mandate and provide the client with legal certainty and place managers who are a perfect fit, which can sometimes significantly increase efficiency.

How much an interim manager costs depends on various factors, such as the duration of the assignment or the task at hand. However, a guideline for the daily rate of an interim manager is 1% of the annual gross salary of a permanent employee in a comparable position.

To be successful in interim management, one should ideally have professional experience of at least 20 years. In addition, an interim manager should also have a good network, be flexible and be willing to take a risk.

To the article.

An interim manager takes on temporary project and/or management tasks in companies. Here, care must be taken to disprove any appearance of bogus self-employment through clear verifiable facts. The interim manager acts independently and is not disciplined within the client’s organisation. He is a specialist who works on a project basis and completes special tasks quickly, comprehensively and sustainably. His project tasks usually include the conception and implementation of new processes and procedures, which are later continued by the organisation and permanent employees. Interim managers often act as crisis managers who avert crises, avoid insolvencies, restructure companies or manage transformation and growth projects. The interim manager comes to go, a cliché that is true in many cases.

To the article.

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To the article.

Interim management providers are sales specialists who are strong in client acquisition and manage the “perfect match” between the client and the appointed interim manager or expert. They accompany both stakeholders throughout the entire mandate and ensure impeccable quality of the interim management service. Interim law firms are different. They are an association of interim managers and industry experts, all of whom have many years of experience and whose type of income is not the commercial placement of third parties but who are themselves placed on mandates.

Interim management firms are characterised by the fact that they can provide entire teams of experts, similar to consulting firms, with the difference that they do not only create concepts but also implement them operationally. In contrast to interim management providers, the experts employed by the firm are professionally qualified in an academy and work with standardised tools and methods in order to be able to handle complex client projects. Interim management firms vouch for the highest manager and thus project quality.

Not at all. Strategic partnerships are increasingly forming between interim management providers and interim management firms, as it is only possible to prevail against pitching consultancies as a team, especially in pitches. F&P AG has concluded numerous cooperation agreements with well-known providers and emphasises the advantages both sides have from this special form of cooperation.

Interim managers are freelancers and it is precisely this characteristic that clearly distinguishes them from permanently employed managers. As entrepreneurs, they must protect themselves against all risks and establish their own company very professionally on the market or, for example, market themselves openly to the outside world under the umbrella of a professional interim management provider. This market power distinguishes associations of managers into a strong community in the form of an interim management partnership.

Your contacts for Interim Management

Bernd Fischer

Contact me

040 34 10 77 00
fischer@fup-ag.com

Gerd Giesen

Contact me

040 34 10 77 00
giesen@fup-ag.com

Dr.-Ing.
Uwe Seidel

Contact me

040 34 10 77 00
seidel@fup-ag.com

Dipl.-Ing. (FH) / MBA
Wilhelm Dahm

Contact me

040 34 10 77 00
dahm@fup-ag.com

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