Assess and Strengthen Organizational Infrastructure
· Ensure succession planning is in place · Assist with hiring of permanent leadership · Identify internal talent
· Identify gaps and redundancies · Strengthen internal controls and accountability · Refresh policies and procedures
· Establish culture of trust and transparency · Clearly define each team member's role · Evaluate, review and give feedback to team members
· Review existing funding relationships · Identify new grants and sponsorship opportunities · Manage special events
Advantages of Hiring an Interim Executive
Fills in for an executive who leaves suddenly or needs to take an extended leave and keeps day-to-day operations running smoothly.
Provides stability and consistency for staff, board, and constituents.
Offers a chance to replace a departing or underperforming executive for a finite time so that the right executive can be identified.
Deploys quickly in times of crisis and disruption.
Offers significant expertise in handling a variety of transitions.
Assesses the current state of an organization and recommends changes and new policies for an improved future state.
Prepares the way for the incoming executive by making hard decisions, improving processes, and stabilizing funding
Creates a culture that will attract and retain the professional staff member or members that will benefit an organization long-term.
Assures donors and funders that solid, professional leadership is in place during transition.
Provides an outside perspective that helps align the board and staff on the organization's vision moving forward.
What Is an Interim Executive?
An interim executive is an experienced professional who can tackle a challenge or leverage an opportunity. Interim executives jump right in during times of transition, manage the day-to-day, and sustain important initiatives to stabilize the organization and improve the chances of a successful permanent executive search.
Why an Interim Executive?
Because of their extensive experience, an interim executive can deploy quickly so that momentum of the organization is not lost, fundraising stays on track, and program objectives continue to be met during transition times. Interim executives are also skilled at tackling complicated problems that may be hindering the organization's performance.
When Should an Organization Consider an Interim Executive?
If an executive director/chief executive officer, director of development, chief operating officer, director of communications, or director of finance leaves suddenly or needs to take an extended leave, appointing a seasoned interim executive is the best way to ensure the organization continues to move forward. In situations where a departing or underperforming executive needs to be replaced, an interim executive can ease the sense of crisis and disruption and re-establish staff morale. Additionally, an interim executive provides the opportunity to assess needs and rebuild infrastructure while the search for the permanent executive commences.
What Do Organizations in Transition Often Require?
Internal controls and communication
Public relations and marketing
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