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September 3, 2004
Interim Management and Auditioning
Topic: 2) The Consulting Trade
The term "interim management" connotes different things to people. Some view it as a niche separate from consulting where the interim manager takes responsibility for a particular aspect of the business for a short period of time. Others view interim management positions as turnaround-type positions for a firm.

Rather than define the term, I think its useful to view interim management in terms of fitting a role to the need at hand and minimizing side effects. On the one hand, a good purpose of interim management could be to bring in world-class resources immediately. One the other hand, a tendency may develop to make the company overly dependent on an interim manager like a crutch.

I have been involved in cases where an interim manager is used in conjunction with the immediate process of placing a permanent manager. If designed properly, such a structure can yield excellent results including faster time-to-market, creative tension, and a coaching and supportive environment for the prospective permanent hire. If the prospective permanent hire in mind does not work out, senior management can use the auditioning period as a means to determine what to do next, e.g., move the team players around a bit, let the evaluation period for the permanent hire go longer, or work with the interim manager more actively to get the permanent hire on track.

Steve Shu, Managing Director, S4 Management Group
sshu@s4management.com

Posted by sshu-s4 (c) S4 Management Group LLC at 11:51 PM CDT
Updated: September 4, 2004 7:22 AM CDT
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September 2, 2004
On the Air
Mood:  a-ok
Topic: 1) General Management
This blog complements the S4 Manangement Group website at http://www.s4management.com. The blog will serve as a dynamic place to capture perspectives from S4 Management Group consultants and invited partners.

Initial topics will center around aspects and tricks of the trade that I've found few people make accessible for more general consumption. The initial topics are:
    i) General Manangement
    ii) Consulting Trade
    iii) Early-Stage Ventures
    iv) Business Templates
Please feel free to post your feedback or send the authors comments. Thanks for tuning in!

Best,
Steve Shu, Managing Director, S4 Management Group
sshu@s4management.com

Posted by sshu-s4 (c) S4 Management Group LLC at 1:01 AM CDT
Updated: September 18, 2004 10:18 PM CDT
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