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How interim could save your business post-Brexit

How interim could save your business post-Brexit

Executive Grapevine | Executive Grapevine International Ltd

In a post-Brexit Britain, many businesses and function will have to adapt and evolve to market demands.

One change that could greatly benefit a company would be in the introduction of an interim manager. In a recent blog post on LinkedIn, Simon Brown, a Senior Interim HR Director, explained how you can support your business goals following our departure from the EU with an interim’s help.

He explains: “Many companies until now have put recruitment decisions on the back burner, holding off on filling vacancies or driving forward important business projects.

“So, starting this week pro-active companies will now want to be taking the initiative to move forward, create more certainty for their workforce and take the necessary action to generate stability for their business.”

A selection of his reasons why you should consider the role can be found below;

Filling the void during times of uncertainty

Brown writes: “In times of planned changes/transformation for your business, and uncertainty about the overall economy or what skills you will be hiring for the mid-term future, an experienced interim manager can make things happen quickly whilst giving you time to plan ahead on the back of the "Leave" decision and all that may bring.”

Experience and speed

In the world of interim, managers are often tasked with hitting the ground running. Brown advocates using this experience and taking the pressure off teams within the business.

Cost effective with minimal risk                                  

Brown says: “No employer liability, NI, pensions or bonus to pay. Flexible day-rate payment options, only paying for days/time actually worked. No holiday or sick pay to budget for.

“No payroll costs. Business head count risk reduced during times of uncertainty. Interims hold their own liability insurance.”

Critical Friend

“Interim managers bring with them a toolkit of what to do and quick ways to do it,” notes Brown.

“Equally they can advise on what not to do and the pitfalls to avoid based on similar work they have been involved in with other previous companies. This is valuable experience and provides a useful short term resource to compliment your existing team. They will work with you and also act as a “critical friend“, giving you objective coaching and advice.”