Interim Executive Management: Challenge and Change

bottom-link">The most important part of interim executive
A position in interim executive management is onemanagement education is your former experience
of the most exciting and challenging jobsas an executive. Only by being an executive can
you’ll ever tackle.you understand exactly how to fill the role.
Because you have to slip into a position andBeyond that, an interim executive manager needs
immediately take up the reins, you must beto be broad-based in his or her skills, so must
personable and intelligent. Because you need to belearn everything possible about every aspect of
able to perform almost any executive job withbusiness management. In today’s business
little or no preparation, you’ll need to haveenvironment, executive interim managers
broad-based experience and education. Andespecially must be well-versed in technology, and
because your position may require a wide varietyunderstand how IT tools can maximize the
of different skills and management techniques,potential of a company.
you’ll need to be flexible and quick to learn.Rarely will a person without at least an MBA be
Interim executive management is, in short, moreable to enter interim executive management. A
challenging than almost any CEO job you canPhD is better. Often having a law degree will give
imagine; and it’s a perfect way to prepareyou a real advantage.
yourself to be a CEO.Working With Difficult Situations
Character CountsInterim executive management often involves
One of the most important traits of a candidatedealing with difficult management situations, like
for interim executive management is gooddownsizing and business change or acting as a
character. You’ll be entering a variety oftemporary replacement for a bad executive. Your
different businesses, some of who may competeposition will come with some heavy baggage, and
with one another, and you will be privy to manyyou’ll need to overcome preconceptions
of their trade secrets. You will, of course, have toyour coworkers won’t even realize they
sign confidentiality agreements with eachhave.
employer; but it will be your character thatWhen you’re taking over the position of a
determines whether you will maintain the letter offired executive, you must step in and make the
that agreement.position your own. The more quickly you can
Honesty is vital for interim executivethoroughly replace the failed executive and begin
management; you need to be able to tell yourreversing the damage he did, the easier it will be
employer the truth about his company, especiallyto gain the respect of your coworkers.
the uncomfortable ones that no one else will say.If you’re in a company that needs interim
Whether his executive vice president isexecutive management because of business
incompetent and passes all his work to hischange — downsizing, offshoring, or other
assistant, or the company’s finances arestrategies that may be leading to the loss of jobs
not quite as stable as the CFO would like— you should remember to be tactful at all
everyone to believe, or even if the issues aretimes. Even if you know who’s going to be
more minor yet critical to the proper function oflet go, you need to treat all coworkers equally
the company, the truth needs to be told in orderand divorce yourself as far as possible from that
to begin to mend the problems.knowledge. It goes without saying that you also
Strength and willpower will be important whenshould never engage in any kind of gossip.
carrying out your main functions in interimEach new position will not only be challenging in
executive management. As effectively aitself, but the peculiar circumstances surrounding it
temporary employee, permanent executives maywill provide further challenge. Interim executive
try to push you around. Only if you push back asmanagement is one of the most challenging and
hard as they push you will you survive.interesting careers you can choose.
Education and Experience