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Turnaround Management
With the increasing impact of private equity investment, corporate turnaround management exercises are no longer uncommon. However, the skills necessary to deliver the fundamental change required to turnaround a business are far from common. At Impact Executives we have identified a number of exceptional interim managers whose record of successful previous assignments is without a doubt clear proof of their ability.
Not just the private sector
The concept of turnaround is by no means limited to the private sector, and our clients for professional turnaround services have included major public sector and third sector organisations internationally. It is still acquisition, whether via private equity or otherwise, that remains the most common trigger for a corporate turnaround project.
To deliver professional turnaround, our clients will often look to us to place an interim CEO to drive the process. We are also asked for CFOs, CIOs and change specialists, as individuals or as part of a team, and we are able to introduce top expertise in every area of speciality.
Interims fit the bill
Given the finite window of opportunity for a turnaround and the very particular executive required, interim managers make the ideal turnaround management team. You can be sure that they will be there for the duration of the programme, and they are effective from day one. You also control your costs, which have been shown to be lower than if using salaried team members, given the high output and effectiveness of carefully selected interims.
In difficult times for employees and managers, our interim executives bring a track record and objectivity which is very welcoming. Tough decisions are reviewed and appropriate action is taken in an even-handed manner.
Impact Executives' interims are routinely praised for the ease with which a successor is able to take up the reins - they pride themselves on leaving a stable and sustainable situation once turnaround management has been achieved.
Turnaround Management Past Assignment
Contact Impact Executives
Email us at info@impactexecutives.com or phone on +44 (0)20 7314 2011