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Interim Vs Consultancy

Written by: Henry Peters

Within the industry there appears to be a fine line between the role of an interim and a consultant, which can lead to appointing the wrong resources to meet your requirements. To assist our clients, we have put together an overview of what we think are the differences between the two.

One of the main differences between a "consultant" and an "Interim" is time. Consultants in the main are used for short term specific projects that require particular skills whereas an interim resource is filling a defined role such as filling in for the temporary absence of a key member staff or enabling a project.


Interim

Consultancy

Engagement

  • Immediate Requirement
  • Fixed Term
  • Skills/Resource Gap
  • Take time to negotiate and agree terms
  • Can be very short term and specific

Methodology

  • Experience Based
  • “Implementation” driven
  • Tried and tested solution
  • Involves process of Analysis
  • Standard methodologies
    • GAP Analysis
    • Benchmarking etc.

Skills

  • Specialism within role
  • Select “best available” for role
  • Cross fertilisation from other markets
  • Specific skills requirement
  • Needs to have sector and market expertise

Responsibility

  • Immediate executive responsibility
  • Empowered to make key decisions
  • Purely advisory
  • Client responsibility to execute

Reporting

  • Directly within client organisation
  • Part of the client team
  • Focus on project deliverables
  • Continually look to develop further opportunities

Resource

  • Associate directly delivers project
  • Team approach dependent on operational engagement requirement

We hope this has clarified what we believe are the differences between the two, whether you want an interim or consultant, we are able to help in supporting you to achieve a successful delivery of your projects.

For a discussion on how interim management differs from consultancy and which is the right fit for your business, please get in touch today.

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