Interim management is the temporary provision of management resources and skills. Interim management can be seen as the short-term assignment of a proven heavyweight interim executive manager to manage a period of transition, crisis or change within an organization. In this situation, a permanent role may be unnecessary or impossible to find on short notice. Additionally, there may be nobody internally who is suitable for, or available to take up, the position in question.
When businesses are going through a period of transition it’s important to have trustworthy, experienced executives on board to help make the process run smoothly. That’s where interim managers can be a valuable addition to the team.
Although businesses in the West have been using interim management for decades, the concept of hiring an interim manager in China is relatively new. With China’s economy being in a state of change and with various challenges facing the Chinese manufacturing sector, experienced interim managers in China may be exactly what many businesses need to get through a crisis.
A few weeks ago I wrote an article which focused on the bad habits of leaders which should be avoided, as I thought this was just as important as modeling ourselves on the best. Due to the popularity of this article I produced an Infographic, using Visme, that you can download and share. Read More
Despite positive developments in the movement to provide formal instruction incoding for kids in major American cities like New York, San Francisco, and Chicago, most schools still don’t offer such courses. Read More
When you have the cash — at retirement, for example — but can’t come up with a good business idea to put your money into, every business idea that comes around will always sound cool. But then . . . you invest in it and watch your cash quickly burn to ashes. Read More
The Organisation for Economic Cooperation and Developmentreleased its twice yearly Economic Outlook on Monday, and it makes for pretty gloomy reading.
Angel Gurria, the OECD’s secretary general spoke in Paris on Monday morning, and he reflected the OECD’s generally pessimistic tone. Read More
And according to marketing-software maker HubSpot, there are certain words salespeople should use to boost their chances of closing more deals.
Using the 13 words below can help you significantly sell more and make a boatload of money. Read More
As the heat continues to blister during this summer in New York, I think back to the first time I ever bought an air conditioner: fresh out of college. It was a daunting investment, but well worth the quality-of-life improvement. I stumbled through a few consumer report roundups online, asked the advice of friends and coworkers, and eventually found myself at a local hardware store, where the owner enlightened me to the complex world of BTUs, replaceable filters, and square footage calculations. Within 30 minutes I had a giant box on a dolly and 300 more points on my recently opened credit card. Read More
One of Google’s self-driving cars hit a bus in Mountain View earlier this month, marking the first accident in which one of the company’s robotic vehicles appears to be have been at fault.
While Google’s self-driving cars have been in various fender benders over the years, the accidents have until now always been the fault of other drivers or of the human drivers who occasionally take control of the Google cars, according to the company’s previous self-driving car reports. Read More
The active ingredient in marijuana cuts tumor growth in common lung cancer in half and significantly reduces the ability of the cancer to spread, say researchers at Harvard University who tested the chemical in both lab and mouse studies. They say this is the first set of experiments to show that the compound, Delta-tetrahydrocannabinol (THC), inhibits EGF-induced growth and migration in epidermal growth factor receptor (EGFR) expressing non-small cell lung cancer cell lines. Lung cancers that over-express EGFR are usually highly aggressive and resistant to chemotherapy. Read More