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.
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.
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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