Is it right for me?
Wondering whether becoming an interim manager is the right choice for you?
On this page we highlight some of the things to consider, along with the thoughts of our consultants in the video below.
The Institute of Interim Managers (IIM) is also an excellent resource if you are new to, or considering joining, the industry.
Advice for New Interim Managers
Making the leap
Interim managers are unique by every definition – it’s what makes them so successful! – but to help give you a better idea if interim management is the right career path for you, included below are a few common traits and experiences that many interim managers share.
Professional Experience
- Typically over a decade, and often several decades, of experience in a particular sector
- Broad and specific knowledge of that sector
- Board-level experience
Personal Attributes
- Flexibility
- Ability to ‘hit the ground running’
- Excellent communication skills
- Availability at short notice
- Tenacity and persistence
- Ability to work with people of all levels of seniority
- Enthusiam and ‘can-do’ attitude
- Problem-solving mentality
- Ability to relocate (dependent on each assignment)
Professional Qualifications
Qualifications are not necessary for interim management, but they do help, and help to present you favourably to employers. Some qualifications you could consider completing are:
- LEAN
- Prince 2
- Sector-specific qualifications
Tips on becoming an interim manager
Becoming an interim manager can be a very exciting career move, allowing you to utilise your skills in a wide range of projects and environments, giving you a dynamic and varied work life.
If you’re considering making the move to interim management, take a look at our top tips for some helpful and straightforward advice:
Do you research
Begin by finding out as much as you can about the industry. Interim management requires you to effectively network and sell your services. It is quite different to a steady job, so your income may fluctuate and you may not receive all the benefits of permanent employment. You should consider how it would fit in with your lifestyle and family.
Market yourself
Making a great first impression is key. Your CV is your first opportunity to do this, and it must succinctly and clearly present your experience and skills. If you’re going for your first interim role, highlight any projects particularly relevant ot the job. The aim is to clearly define the services you are offering and highlight your specialities and expertise.
Become a Limited Company
Most interim managers set up a limited company in order to sell their services, as this provides a more robust system and protection for the interim, as well as the clients. Setting up a limited company is a relatively straightforward and inexpensive process. There is a lot of information available online from the HMRC, but seeking professional advice can also be a wise move.
For more useful information, please attend one of our workshops or visit our FAQs page.
