In an interview with Marketplace reporter, Nancy Marshall-Genzer, InterimExecs’ CEO Robert Jordan, shared his insights on the increasing use of interim executives in public companies, privately held companies, and nonprofit organizations.
The piece discussed how in many cases interim executives are brought in during critical transitions – both in times of crisis and rapid growth. A good Interim CEO or other C-suite executive builds trust within the organization, and often serves as a mentor to set up the team for future success.
A misperception as to whether an interim leader could in fact make decisions that impact the long-term strategy and action plan of the company was brought to light. Amongst true interims, the landscape is clear. Executives who choose a career specializing in interim management are not mere placeholders, but take ownership, first creating a roadmap for the future, then committing to excellence in implementation of the plan.
Robert explains “True interim executives are high-performing change agents charged by the owner or board of directors with a sacred responsibility, whether to fix what’s broken or ramp up growth quickly. There’s no time for pretenders, babysitters, or consultants when it comes to operational responsibility and accountability.”