by Seth Cohen
Interim Executives: The Smart Way to Hire
We’ve been through a lot over the past several years, and the pace of change doesn’t seem to be slowing. While learning to manage a hybrid workforce, navigate the great reshuffle, and set sustainability and diversity goals, there is also the geopolitical upheaval due to the war in Ukraine and a volatile economy. Now, more than ever is the time to consider interim executive talent to fill your leadership gaps.
Why interim and why now? Time and Money
Everyone has their eye on the bottom line. Budgets are being cut, and many organizations have announced layoffs and imposed hiring freezes. But what happens if, for whatever reason, you find yourself with a critical leadership gap? Where will you find the money to start the search and take on a substantial new salary and benefits package?
There is a solution. Hiring an interim leader will save you time and expense. These searches, especially when looking for someone with very specific niche expertise, take time, and you don’t have time to spare. Finding a qualified interim candidate can take as little as 48-72 hours. Once hired, interim executives don’t require significant salary and benefits packages, and most importantly, they are available on-demand, ready to parachute in when and where you need them. Time and money saved.
On-Demand Experience You Can Depend On – When You Need it, Where You Need it
Senior-level interim executives have proven track records with years of experience and expertise across multiple industries. They can be swiftly deployed to jump in and stabilize the situation, support the leadership team, communicate with all necessary stakeholders, and help identify a permanent replacement.
In this rapidly changing business environment, many find pivoting to meet the demands of the times difficult and challenging. Interims bring their vast experience and fresh, objective perspective to the table to assess the situation and provide innovative solutions to old and unforeseen problems.
There are many more ways experienced interim executives can help companies meet their immediate and long-term goals in today’s uncertain times.
Contact us to learn more about our global network of senior-level talent and how their experience and expertise will add value and stability to your company and your bottom line.
Seth Cohen is the Managing Partner of Eleven Canterbury. He was a member of the Group Managing Board and Head of Group Offshoring at UBS AG.