Interim CEOs: Big players, fast

What, where, when, who and how of the interim CEO

With the speed of business today, every minute matters. This is even more pronounced when you have a vacancy at the top of your organization – specifically, the c-suite. More and more companies are turning to interim CEOs. These high-level interim executives can dive right in and give your executive team and board of directors breathing room while they find a CEO to permanently take charge.

Interim CEOs do more than keep a seat warm. Experienced interim leaders can:

• Effect a fast transformation or turnaround
• Buy time while you find a permanent replacement
• Provide specialist expertise that’s currently lacking
• Help with crisis management
• Drive growth, cutbacks or closures
• Implement a new project or strategy
• Enter new markets
• Bring an independent perspective to the table