Search
Close this search box.
Search
Close this search box.

Getting The Most From An Interim Leader

How to take advantage of the interim's expertise to ensure that, when the time is right, the permanent hire hits the ground running. 

During the current pandemic, many organizations have hit the pause button on executive hiring, figuring they would rather bring on new leaders when the business climate is more stable and their balance sheets healthier. When vacancies arise, they are inserting interim leaders into key roles as a means of making sure they have a full team in place to manage the current crisis.

Interims might be appointed from within the organization — a COO to temporarily fill a CEO role, for example — or they might be contracted from outside the organization. As someone who places external executives into interim roles, I may be biased but I believe bringing in an experienced outside leader who can devote full time and energy to a role usually makes the most sense. Internal interims are often doing double duty — their “real” job and their interim one — and frequently are not given the authority to do an interim job well. If they do have authority, they may not want to make hard decisions that could have political repercussions within the organization in the future.

In this article, I’ll share insight about how to make the most of an externally hired interim executive. Most importantly, the interim executive sets the stage for a permanent hire. Organizations can take advantage of the interim’s expertise to ensure that, when the time is right, the permanent hire hits the ground running.

1. Don’t view the interim as a “placeholder.” If you put someone in an interim role with only modest expectations as to what they can accomplish (“Just keep the seat warm!”), you do that person a disservice. Any experienced executive will want to “earn their keep” and be tested. For executives who make their livings doing interim work, their professional ethic will drive them to want to excel in the role. In short, set the bar high in terms of what the interim can achieve.

2. Give them responsibility. There are some organizations that are timid in giving autonomy to someone from the outside. This defeats the purpose of paying an interim executive to join your organization and make a difference during their brief tenure.

3. Don’t just hand them the keys. Before an interim arrives onsite, establish goals for what you want them to achieve during their stint. Try to limit your list to four or fewer key projects or initiatives that need to be prioritized so as not to dilute their focus and effectiveness.

4. Check back in to reprioritize. Once the interim is acclimated to your organization and has a sense of the task at hand, they may have input on the previously established goals and priorities. After two or three weeks, have a formal check-in with the interim to review and, if needed, recalibrate the stated goals of the position.

5. Bring them into crisis management. Executives who do interim work as a career tend to be late-career professionals who have seen many crises and challenges before—they relish these opportunities. They often represent the impartial, wise voice in the room when excruciating decisions are made.

6. Ask the interim to review and redefine the job description. Executive roles are changing. The Covid-19 crisis in particular has forced leaders to take on new and different responsibilities and shed old ones. One basic task an interim can perform is to evaluate and rethink the basic job description of the permanent position. Is it outdated? Do the reporting relationships still make sense? Are there new responsibilities that didn’t exist when the job was last defined?

In addition, the success of an interim may provide a template for the type of person to be hired for the permanent role—what experience, skills and personality traits the next hire should have.

7. Get their help in evaluating the team. Typically part of the standard operating procedures of an interim leader is to provide an objective view of the current team around that executive—the roles themselves and the people who fill those roles.

Executives who do interim work for a living tend to be self-motivated high-achievers. That said, they still need the support of their hiring organization to ensure the conditions are right for them to do their job well.


MORE LIKE THIS

  • Get the CEO Briefing

    Sign up today to get weekly access to the latest issues affecting CEOs in every industry
  • upcoming events

    Roundtable

    Strategic Planning Workshop

    1:00 - 5:00 pm

    Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process

    Executives expressed frustration with their current strategic planning process. Issues include:

    1. Lack of systematic approach (70%)
    2. Laundry lists without prioritization (68%)
    3. Decisions based on personalities rather than facts and information (65%)

     

    Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.  They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.  Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.  This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.  If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.  The additional fee of $695 will be added to your total.

    To sign up, select this option in your registration form. Additional fee of $695 will be added to your total.

    New York, NY: ​​​Chief Executive's Corporate Citizenship Awards 2017

    Women in Leadership Seminar and Peer Discussion

    2:00 - 5:00 pm

    Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations. 

    Limited space available.

    To sign up, select this option in your registration form. Additional fee of $495 will be added to your total.

    Golf Outing

    10:30 - 5:00 pm
    General’s Retreat at Hermitage Golf Course
    Sponsored by UBS

    General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.

    The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.

    To sign up, select this option in your registration form. Additional fee of $295 will be added to your total.