Tag: interim management


Jun

18

2019
Brief History on Supply Chain Management for Interim Management Teams

Brief History on Supply Chain Management for Interim Management Teams

Over the past 200 years, the way the supply chain works has changed dramatically thanks to interim management teams. If you are on an interim management team, understanding how to manage your companies supply chain is a fundamental step in having a successful company. Supply chain management is basically how all the goods and resources your company requires, move through the various steps of production,...

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Jun

15

2019
How to Market as an Interim Executive

How to Market as an Interim Executive

The first step to becoming an interim executive is to obviously be hired, but to get to that point, you have to get chosen out of the hundreds of other executives. The successful interim executive is one who is able to separate themselves from the rest of the pack. Companies don’t want to see the same information that you typically find in a resume. Instead,...

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Jun

14

2019
The Art of Budgeting After Strategy

The Art of Budgeting After Strategy

Budgeting is oftentimes the first thing tackled in a business plan when in fact it should be the other way round. Budgeting should come after strategic and marketing planning. People often talk about creating a revision plan in an existing business. They want to make significant changes, remarket their products to customers, and radically transform its structure and operations. But when the process begins, the...

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Jun

13

2019
Interim Executives in Private Equity Firms

Interim Executives in Private Equity Firms

Over the years, interim management has become increasingly common in large and small businesses worldwide. Interim executives are being used as a cornerstone in business development within the United States and many European countries.   It has been a proven and highly used model in Europe for decades. Most data on interim work comes from associations based in Europe. But given the shift in the...

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Jun

12

2019
Interim Management Advice on Finding a Co-Founder

Interim Management Advice on Finding a Co-Founder

Interim management advice on key areas to look for in a potential co-founder for your business idea. Venture capitalists, interim management leaders, and startup accelerators are more likely to bet on budding companies with more than one founder. The reason they avoid solo founders is because the numbers are against them. Nine in ten startups are bound to fail because of anything ranging from lack...

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Jun

12

2019
Interim Executive Advice: Your Company Needs an Operations Manual

Interim Executive Advice: Your Company Needs an Operations Manual

An operations manual can bring order to an organization and drastically improve workflow. So the next time an interim executive steps in, they can hit the ground running. An operations manual is essentially a system that can run your business. If your business is a chaos of tasks and people with no coordination at the heart of it, you’ve got a problem which an interim executive...

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Jun

11

2019
Increase Sales with Top Tips for Getting More Referrals

Increase Sales with Top Tips for Getting More Referrals

Referrals are the most powerful marketing tools for a business to increase sales. Step up your game with these great tips for referrals. Because your time is limited, and you will want to start narrowing your efforts at some point, put in place some basic due diligence on each source, just as you would with most other things. As you start to experience lead generation...

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Jun

10

2019
How Interim Executives Write Business Plans

How Interim Executives Write Business Plans

Interim executives often find themselves helping small businesses by creating a business plan that defines goals and helps achieve them. Not every profitable small business starts off with a business plan.  Because the idea, structure, and market change so much in the initial days, entrepreneurs just keep going with the flow without one. But as the business begins to grow, enters new markets and attracts...

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Jun

10

2019
5 Recommendations for Building a Solid Budget

5 Recommendations for Building a Solid Budget

A budget is one of the most important documents in a business. Which is why it’s imperative you create one that can withstand changes in the environment. Set realistic budget expectations If you don’t plan to make changes in your business, don’t increase the numbers in your budget. Justify each expense in relation to its profitability and long-term versatility. So make plans and strategies to...

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Jun

09

2019
Part-Time CMO: Always a Marketing Strategy Before Tactics

Part-Time CMO: Always a Marketing Strategy Before Tactics

Tactics, marketing strategy; tactics, strategy. This teeter totter is a struggle, and many CEOs go back and forth with the day-to-day of business. In marketing, this push and pull are particularly relevant. Marketing is usually born into a company through tactics, and it takes a while before strategy is ever discussed. Marketing starts with, “We need more leads; what can we do?” It ends with,...

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