Interim Management Provides Hope for UK Manufacturing Sector

 


Visitors: 289

Businesses of all types are now exploring the benefits of using Interim management. What was once seen as the exclusive territory of large multi-national companies may turn out to be the saviour of the UK manufacturing sector.

Paul Wilson, Managing Director of Aster Interim Solutions takes up the story, “Interim Managers were once exclusively used by the larger companies to aid in company turnaround or implement business re-structuring but are now being used by companies of all types and sizes from both the public and private sector.

Typical reasons why companies may use interim managers include:-

  • Company turnaround and business restructuring e. g. ‘Company Doctor
  • Introduction of change management
  • To bridge a ‘gap’ to cover for maternity, secondment etc
  • To provide additional resources when companies need it most such as through periods of dramatic growth or the building of company infrastructure
  • As a ‘safe pair of hands’ whilst the replacement of a permanent member of staff is sought following their sudden departure
  • As a project manager to manage a transition e. g.introduction of new business systems etc.

The UK manufacturing sector has been ‘ravaged’ since the 1950s by cheap imports resulting in job losses and the gradual transition of our manufacturing base to lower cost geographical areas. Many of the UK manufacturing companies left are now ‘working smarter not harder’ in an attempt to outwit their competitors.

One of the ways this manifests itself is by the use of specialist interim managers. Whereas Finance and Human Resources have historically been disciplines where companies have used interim managers, businesses are now using interim manufacturing/operations managers to help them in their efforts to implement philosophies such as six sigma and lean manufacturing.

Many UK manufacturing companies are now using interim managers to provide their business with ’manufacturing best practise’. By using the experience of the interim manager companies can become a leaner and fitter business in a shorter period of time than they would otherwise have been achieved.

In addition, the cost of hiring the interim manager is tangible and only temporary. This makes the ’interim’ proposition very attractive for a number of our clients”.

This all goes to demonstrate, perhaps the strategic use of Interim Managers can provide our remaining UK manufacturers with a powerful weapon in their bid to stave off low cost offshore competition.

Paul Wilson Managing Director Aster Interim Solutions Ltd http://www.aster-interim.co.uk

(443)

Article Source:


 
Rate this Article:  0.0/5(0 Ratings)

Related Articles:

Need for maintenance of global standards is stimulating ICT adoption in ..

by: Sachin Thorat (August 19, 2011) 
(Business/Retail)

Need for maintenance of global standards is stimulating ICT adoption in ..

by: Sachin Thorat (August 24, 2011) 
(Business/Marketing)

Interim Management What You Need to Know

by: Diane Forster (June 13, 2012) 
(Business/Careers Employment)

Crisis Opportunities - Interim Management

by: Hans Bool (October 03, 2008) 
(Business/Management)

Interim Human Resources Management Reasons to Be Flexible

by: Clive Sexton (July 10, 2008) 
(Business/Human Resources)

Easy Management of Interim Needs with Quick Money. Same Day Payday.

by: Johny Cash (November 24, 2011) 
(Finance/Loans)

Corruption In Water Management Sector

by: Akram Saqib (July 21, 2008) 
(News/Politics)

Manufacturing Performance Management

by: Elizabeth Morgan (May 24, 2006) 
(Business/Workplace Communication)

Manufacturing Inventory Management Software

by: Alison Cole (July 28, 2006) 
(Computers and Technology/Software)

Sustainable Economic Development in the Chinese Waste Management Sector

by: Steve Went (July 30, 2009) 
(Business)