Why Engage an Interim?
When a senior executive leaves, the Board may feel pressured to act quickly. But in their rush to fill the vacancy, they may overlook crucial factors that could lead to costly mistakes.
Organizations and the broader economy have evolved significantly in recent years. Existing job descriptions may no longer align with current needs. Additionally, the outgoing executive's legacy—positive or negative—can directly influence the success of their successor. Furthermore, the organization might be facing short-term challenges that require different skills than those needed for long-term success.
An Interim executive offers several critical advantages:
Immediate expertise to stabilize operations and support staff
Objective insights to inform the search for the permanent hire
Flexibility to take the time needed to find the right long-term leader
By thoughtfully integrating an Interim executive, the organization ensures a smooth transition and sets the foundation for long-term success. When the new hire steps in, they will be ready to lead from day one, thanks to the groundwork laid by the Interim.