Interim Executives - Frequently Asked Questions

Engaging and Interim Manager can rapidly empower your organisation with an added degree of flexibility, expertise and capability to deliver on challenging tasks and initiatives.

Interim Managers can be used to address a variety of situations such as:

- Implementing Specific Initiatives or Changes

- Crisis Management

- Turn around / Start-Up / Downsizing

- Unexpected or Sudden non-availability of senior managers

- Business Acceleration

- Stalled Recruitment

- Planned Secondment or Maternity Leave

- Mergers & Acquisitions

- Stock Market Floatation

Interim Managers are experienced, energetic, highly qualified individuals with the skills and abilities to deliver an immediate and lasting impact. They are hands-on, pragmatic, senior executives with clear skill sets who will take on and implement specific tasks, working within your organisation as opposed to being an external, remotely located, advisor.

For our panel, InterIM Executives selects qualified and experienced people who can deliver results in a short timeframe, will think strategically, yet focus on the job in hand. They will have a track record of taking initiative, are organisationally aware, with excellent project management and communication skills.

Most of the Interim Managers selected by InterIM Executives have over 20 years of industry experience and have chosen Interim Management as a career path that enables them to deploy their knowledge, talent and experience across a variety of business environments.

InterIM Executives has a carefully designed process and a register of exemplary Interim Mangers to ensure that clients will have a choice of 2-3 high calibre candidates to choose from. Potential candidates are presented in a shortlist format that includes details in terms of suitability, experience and costs.

The usual model applied for Interim Managers is per day billing. The rate per day will vary depending on the level of the interim assignment, the interim manager’s experience, the tenure of the assignment etc. As approximate guidance, typical daily rates can be in the region of €600 to €900 per day (ex VAT).

Clients are only required to pay for the actual days worked by the interim manager. The client remains in control of costs at all times, by agreeing the number of days to be worked in advance and afterwards certifying the numbers of days to be invoiced. 

Typically, InterIM Executives will produce a shortlist of 2-3 high calibre candidates within 7-10 working days of a client enquiry.  The Interim Manager can often be in place within a few days of being contracted for an assignment.  In exceptional cases, where necessary these timescales can be further reduced.

The engagement period for Interim Managers varies but they are frequently engaged for assignments of 6-9 months in duration. During this period, the Interim Manager will work to deliver (or over-deliver) on a clearly defined set of tasks, handing over to the client in a managed way at the end of the assignment.

The Interim Management model is highly flexible and adaptable. All changes can be handled in a managed way using a project-management based approach to ensure clarity for all stakeholders. If there is an impact on the original contracted period, this is easily addressed as the standard contract includes a provision for modifications to tenure, if necessary.

MERC Partners introduced the Interim Management concept to Ireland in 1998 and shortly afterwards formed a specialist Interim Management company that is today known as InterIM Executives.

InterIM Executives has a unique focus in the area of Interim Management. Our established, nationwide client base comprises organisations of all types, industries and sizes. Much of our business stems from repeat business or referral.

InterIM Executives addresses all industries and senior management functions including General Management, Finance, Human Resources, Training, Operations / Production, Materials, Project Management and Sales & Marketing.

The concept of Interim Management began in the Netherlands in the mid 1970’s. 

Dutch companies wanted a model that would enable them to conveniently access specific, senior management talent for pre-determined periods of time to deliver on key tasks and bring new initiatives to life. By forming a panel of experienced senior managers and placing them on secondment into variety of companies to deliver on specific management tasks, the concept of Interim management was created.

The added degree of flexibility and scalability that Interim Management delivered proved to be highly effective and the model became established in the U.K. in the 1980’s. 

MERC Partners introduced the Interim Management concept to Ireland in 1998 and subsequently established a company, InterIM Executives, with an unique focus in the area.