interim management

Temporary appointment of highly qualified managers to ensure continuity within an organization, or to complement and improve existing management team skills.

Interim management originated in the Netherlands during the 1970s when labour laws made it advantageous to hire executives on a temporary basis. The practice spread to other countries and became a solution to corporate crises and managerial resourcing shortfalls. A highly qualified, highly experienced, freelance executive is parachuted into a business with a specific brief and a limited time to fulfil that brief.