The Role of Intern Manager During Periods of Change Within the Company (Essay Sample)

An interim manager acts as a temporary leader during periods of change or transition within the company. Typically, employers hire or appoint interim managers in order to fill a position on short notice. Companies may look for external candidates for an interim management position if there are no internal employees that meet the qualifications. The interim manager may fill the role for up to 18 months or longer depending on the company's needs. Working in the role of interim manager can be beneficial for advancing your career and can sometimes lead to a permanent managerial position.
Managers are task busy; there is no doubt about that! Not only are they responsible for overseeing their departments, team members, targets, budgets, scaling up, (or down), advocating on behalf of their teams for resource allocation and conflict resolution. But should they also be expected to have a role in training their employees. For those of you who work in organizations that have a training department, are you thinking to yourselves, isn’t that the role of the training team? Is it, though conducting or performing their role? Let’s take a quick step back to reflect on an interesting statistic: Gallup’sreport is an exhaustive breakdown of data accrued from employees across 155 countries. Researchers found that, globally, just 15%, or slightly over a sixth, of workers were actively engaged in their jobs. This figure varies considerably across countries and regions but never exceeds 40%. The cost to the global economy in lost productivity, an estimated at $7 trillion annually say the experts at Gallup. This is enormous! Employees that are disengaged waste valuable resources while contributing little to the company's objectives. The fact is that of its staff detached no business can afford to have 85 percent. One of the managers' responsibilities to employees and the company is to maintain engagement. To do so, companies must equip managers with the tools they need to boost employee engagement on all levels. One of the most successful of these strategies is training.
By indorsing employee utilisation and acceptance, an interim manager will play an important role in safeguarding projects (change initiatives) on time and on budget achieve their objectives. For the human aspects of change this person will be accountable, such as vicissitudes to occupational procedures, technology, systems as well as job roles and structural constructions. The main task that optimise worker adoption and utilisation will be to develop and implement change administration approaches and programs while dropping obstruction. The interim manager's goal is to upsurge worker acceptance, final utilisation, and skill with the vicissitudes that drop them. Benefit worth cohort, realisation, ROI, and the accomplishment of results and as a result of these developments products will all rally while the variation manager may or may not have guiding errands, in order to prosper, this person will need to cooperate with several others in the business.
The interim manager in gratifying their everyday tasks as change backers by acting as a trainer will contribution top leaders and directors. As over transitions they assist their shortest reports, the adjustment manager may deliver direct support and coaching to all levels of bosses and managers. Plan teams from the change manager's assistance will also benefit in into their project planning combining change management activities. Interim managers are the independent financial bodies appointed by the institution which is going public. The companies generally appoint more than one lead managers who can manage a big number of IPOs. These managers are also called as Book Consecutively Chief Manager or Co-Book Running Lead Managers.
Their main role of interim managers includes initiating the processing of IPO, helping the company in roadshows, creating the draft offer documents, and getting the drafts documents approved by stock exchanges and SEBI. These lead managers also help the company to list shares at stock market. Interim managers are also known as investment bankers. Interim managers provide a bridge between the end of the old management team and the beginning of a new one. They have the ability to fill the void in the workforce until the operations are reined in. For this reason, organisations can appoint interim managers to fill gaps and keep things running smoothly w