Interim management: definition

An executive employed on a short-term contract to fill a vacant position: not to be confused with transition management.

Interim management refers to a company employing a senior executive on a fixed-term or temporary work contract to fill a leadership position left vacant, while it recruits a permanent hire or works through a transition period. The executive is then a regular employee of the company, with a standard subordination relationship.

The difference from transition management

This is the most common point of confusion. A transition manager is generally not a regular employee of the client company: they operate on assignment, through a company or umbrella-employment status, with a specific transformation mandate, not just to “hold the position.” Interim management, by contrast, reproduces the framework of standard employment, simply for a limited duration.

When to choose one or the other

  • Interim management: the position simply needs to be filled until a permanent hire is completed, with no particular transformation stakes
  • Transition management: the situation calls for a clear change mandate, restructuring, turnaround, post-acquisition integration, setting up a new organization

In practice, the two terms are sometimes used interchangeably in everyday language, MT-Transition positions its assignments around the second case: a transformation mandate with a measurable objective.

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