Bangkok--10 Jul--Elite Executive Interim Management
Global economic crisis, world Money evaporation, demand down, come up with price down, companies in problem, budget cuts, downsizing and an increase of un-employment have become the buzz words. The crisis has also affected Asia. This motivated and inspired Ruud van der Linden to establish Elite Executive Interim Management Limited, a high level International Interim Management Company, which “supplies Interim Managers to medium- and large- size, local- and international companies, as well as to multinational corporations, and leading businesses in Asia Pacific.”
“Dutch Nationality Ruud van der linden, Founder and Chief Executive of Elite Executive Interim Management Limited (EEIM) possesses a wide spectrum of management experiences. For more than 25 years, he has executed management practices and explored uncharted area across the globe including The US, Europe, Asia Pacific, currently operating in Hong Kong, Taiwan, China, Singapore and Thailand with prospect to later expand to other Asian countries. From the start EEIM found a partner in “Ebbinge Executive Interim Management”, with a long experience in interim management business. When Ruud established his company in 2008, it was practically “the first focused Interim Management Business in Asia Pacific.”
Ruud strongly believes in the opportunities for the company, which does not only provide ‘Executive Interim Managers’, “who have a proven track record of success on a global base, with the task to help and speed up change in the organization.” but could also improve employee efficiency and sort out problems with clients among others in these focus countries, Hong Kong. Because of the ongoing globalization of business, it is unavoidable that the growth of interim management in Europe and the US is going to expand to the Asia Pacific Region. First, “EEIM will focus on change and crisis management, an approach for clients who have an immediate need to fill a position with no intention to be bound to a permanent contract or who are in “desperate” need for a very experienced crisis/change manager until the economic future can be foreseen.”
The Role of Interim Management
Interim Management (I.M.) can be described as “the use of an experienced Senior Interim Manager, hired on interim basis for an urgent manager need. An I.M. has a different responsibility from a consultant. The I.M. will take ownership of the change, fill unexpected gaps in a company, or lead a project. An I.M assignment, includes crisis management, program, bridge and expert management, can take between 3 months to even 2 years. The average is around 6 months for each assignment. Success-rate is above 90%.
Companies are turning to interim managers for a number of reasons. The greatest competitive advantage of using the services of EEIM is the speed at which the problems can be identified and the right person can be found and dispatched to fill the position. Normally the total process from request to the day the IM starts his/her assignment is less than 2 weeks.
While the world has changed rapidly through globalization, business leaders are globally fast being aware of costs and the need for Interim Manager. Many companies are in a constant need of change, cost effectiveness, and containment alternatives.”
Interim managers are not solely for profit corporations. In fact, in the Netherlands, over 50% of interim managers are employed to non-profit organizations like government bodies, education, and healthcare organizations. As for the economic downturn, Interim Managers as CFO are today the most in demand (Europe and the US) whereas in the growing Asian market, manufacturing executives are the most in demand.
Of particular interest is the focus which is now put on the private, public and non-profit sector, Asian countries regard it as providing one of the most interesting challenges in terms of future development and growth. Ostensibly, there are increasing requirements for “technically skilled contractors,” come up with a “can do” attitude and the right mix of competencies, such as Seniority and Leadership, Expertise and Knowledge, Branch Experience and Consulting Skills for each assignment. Skills are needed to be successful in Change and Bridge Management, Crisis Management, Program and Expert Management.
Now, many companies, not only in the US and Europe, but also in Asia Pacific, have seen the emergence of “requirements for highly skilled interim managers” as it can grasp the big picture and ensure that programmes of change can be implemented to the required standards.
How Interim Management ideal for your business?
In time of crisis interim Management provides business with a new way of thinking!
Many CEO’s, Senior Management or HR Manager are not aware of the power of Interim Management.
- Interim Managers are responsible for executive/senior-management tier, taking more tactical than strategic responsibilities and improving short term results to increase survival chance. Here you would find senior operation managers, program directors and other similar key roles.
- In a special developed program by Ebbinge & company Interim Managers start with a quick scan (about 10 days) to analyze main issues for companies, come with 2 or 3 possible scenario’s and then speed up the necessary change, which can include reorganization, risk management, sales output improvement, purchase efficiency, cost reduction and overall Efficiency improvement.
Most senior/executive Interim Managers and directors have seen enormous corporate success and only want to inject their capability on short-term basis, having chosen to lead portfolio careers without embroilment in corporate life. Essentially, they are highly experienced on MT Level and can assimilate into a company and hit the floor running. With operation in a professionally yet politically detached manner, Interim Managers also thrive in challenging and constant change environment for short periods of time. In addition to a positive outcome, clients can gain enormous benefit.
By: Elite Executive Interim Management Limited
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