The Role of Executive Interim Management in Business Turnaround Strategies

 When a business is in trouble, it can be difficult for the existing executive team to pull off a turnaround. This is where the role of executive interim management comes into play. 


Executive interim management provides an unbiased third-party perspective that can help get a business back on track. Let’s take a closer look at what this type of management entails and how it can help businesses in need of a turnaround strategy. 

What Is Interim Management Services? 

Interim management is similar to regular executive consulting. However, there are several key differences between the two. The main difference is that executive interim management involves taking on an active role in the company’s operations while regular executive consulting only offers advice and guidance from an outside perspective.


Therefore, when companies hire an executive interim manager they are not just getting advice; they are partnering with someone who has experience leading teams and has the ability to implement strategies quickly and effectively. 

Benefits of Interim Executive Management 

The primary benefit of hiring an executive interim manager is that they bring fresh ideas to the table that may not have been considered by existing members of the executive team. An outside perspective can provide clarity about problems and offer solutions that would not have been thought of otherwise.


Additionally, executives who specialize in turnarounds often have access to resources such as contacts, funding sources, and expertise that can help move things along faster than if the company was relying solely on its own resources. 


Executives also bring their own unique skillsets to the table which makes them better suited for certain roles than existing members of the team may be. For example, if a company needs someone with strong financial acumen then an executive with experience in finance could be brought on board temporarily until the position is filled permanently.


Similarly, executives may also offer connections or insight into new markets or technologies which could open up opportunities for growth or expansion when previously unseen before. 


Overall, having an experienced third-party perspective on your business’s operations can be invaluable when attempting to execute a successful turnaround strategy. Not only do these executives bring fresh ideas and new perspectives but also have access to resources that can greatly speed up the process of turning around a struggling business.


If your business needs assistance getting back on track consider enlisting the help of an experienced professional who specializes in turnarounds – an executive interim manager – for the best results!



Taplow is widely regarded as one of the leading providers of executive interim management services. Their team of experienced professionals has a deep understanding of the complex challenges that businesses face, and they have a proven track record of delivering results. 


Taplow's approach to interim management is based on a collaborative and tailored approach, working closely with each client to identify their unique needs and develop a customized plan to address them.


We offer a wide range of services, including crisis management, turnaround management, and business transformation, and have a network of experienced interim managers available to support their clients in a wide range of industries.


Contact Taplow today to get started with professional interim management services.  

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