Interim vs. Consultancy
Interim Executive vs. Consultants – what’s the difference?
Whether you choose an interim executive or management consultant may depend on the specifics of your challenge, but more and more organizations are beginning to see the value of the interim approach over traditional management consultancy.
The Advantages of an Interim Executive
An interim executive recommends an approach, gets agreement and then implements changes and solutions while on assignment. An interim executive is chosen for his or her practical experience and skill set and works with existing management to add value and bring new direction. Interim executives typically work on one assignment at a time, on a three-to-five day a week basis. The interim appointment is usually for a pre-determined term within a clear budget.
The Consultant Model
Unlike interim, management consultants tend to recommend a number of alternatives and then leave it to the client to implement them. They are often trained in theoretical techniques and don’t have as much hands on experience as an interim executive. They are more expensive and often work on a number of projects at the same time. Consultants are more hands off and are there to hold discussions and to guide an executive team but not to implement the outcomes. They generally work for a client for only a few days per month.
Our principal area of work is in helping our clients to find skilled interim executives who can add value and deliver clear outcomes.