Transition management glossary
Daily rate, umbrella employment, shared-time executive, fixed fee vs time and materials: industrial transition management terms explained simply, by the firm that practices them every day.
What is transition management?
Transition manager
The role, the status, the typical assignment
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Transition management firm
Role, value added, how it operates
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Daily rate
Definition and how it’s calculated
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Interim management
Definition and difference from a fixed-term executive contract
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Umbrella employment
Status, advantages and limits for a transition manager
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Shared-time executive
How a part-time shared executive works
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Fixed fee vs time & materials
Two billing models, two logics
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Transition management vs interim management
The difference in 2 minutes
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