However, if you’re truly aiming to improve your company’s performance, avoiding an interim manager might be a mistake. Let’s take a look at why skipping an interim manager might not be the best decision for your business.
Reasons to Steer Clear of an Interim Manager:
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Interim Managers Bring Expertise & Fresh Perspectives
Why bring in someone with years of experience who can offer new ideas and solutions? In treasury, the answer is simple: proven expertise leads to immediate impact. Interim managers not only bring a fresh perspective, but they also know how to identify opportunities, implement improvements quickly, and support teams through transitions or challenges.
At Treasurer Search, we work with an extensive network of interim professionals, covering a wide range of expertise and seniority levels. We have more than:
Interim Professionals
Interimmers with 10+ Years of experience
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They Offer Unbiased Advice & Strategic Insight
Interim managers bring an objective, outside perspective that’s not influenced by internal politics or long-standing habits. This allows them to assess situations with a clear, analytical eye and focus purely on what works best for the business. Their strategic input can be especially valuable when navigating change, addressing long-standing inefficiencies, or making tough decisions that require impartial judgment.
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They’re a Low-Risk Way to Test New Roles or Structures
Thinking about creating a new treasury function or changing the reporting structure? An interim manager allows you to trial those changes without the long-term commitment of a permanent hire. It’s a flexible way to experiment, learn, and adapt before locking anything in.
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They Help You Save Money in the Long Run
While interim managers might appear to be a bigger upfront cost, they can prove to be more cost-effective in the long run. Hiring a full-time employee can often take months, especially in treasury. During that time, your team either operates without the right expertise or gets stretched thin trying to cover the gap. All the while, you’re still investing heavily in recruitment efforts with no guaranteed outcome.
If you’re curious about how an interim manager could fit into your business or need help finding the right one, I can tell you all about it. Let’s have a chat!