Talking about a company rather than an interim management firm
The classic organization of a firm most often consists of a sum of almost watertight internal silos that are separated by sector of activity or partner, with the only thing that is shared by brand, address and, more generally, costs.
The Interim Management Company (EMT), or “interim management”, on the other hand, aims to multiply synergies and internal information sharing in order to be able to cope with technological revolutions and carry out the digital transformation necessary to better serve customers. And this for all sectors of activity: Supply Chain, retail, pharmaceutical, engineering, …
As an interim management firm in Paris, WAYDEN was built from the beginning on the basis of a conviction: the organization in a company is the best way to structure oneself to meet the imperatives of evolution and transformation of the interim management professions.
In addition to its managers, who all come from the business world, this also involves putting the customer experience at the center of the company’s operation and doing everything possible to guarantee the uniformity of the quality of processing and execution of management missions.
Ranking of interim management companies and firms
WAYDEN had already distinguished itself in 2017 by doubling its turnover and joining the 2017 Ranking of the best Interim Management Firms in the “Strong Reputation Level 1” selection.
In 2018, WAYDEN progressed again by joining the “Excellent Level 2” selection of the Leaders League rankings.
Why launch an interim management mission?
There are many contexts that may require the intervention of a management consulting firm. Managerial deficiencies, recruitment, transformation project, strong growth, launch, crisis situation, restructuring, recovery, strengthening, etc.
In all these transition situations, the most flexible, safe and effective solution is to call on the contribution of highly qualified, even oversized, external skills to pass the milestones with high energy and emotional consumption. In other words, use management specialists who can manage the transition quickly and efficiently.
Large groups, start-ups, mid-sized companies or even subsidiaries, if you have never used interim management, it is time to think about it. This is the impetus you need to carry out your change management successfully.
What does this transition mission consist of?
For a good transition, it is necessary to identify and treat the crystallization points as a priority with the help of seasoned and experienced managers, who can be found in all the company’s functions. They have moved from a logic of status to a logic of contribution to become leaders 4.0.
All of them have multi-sector experience, backgrounds or advanced operational and managerial skills, and there are many advantages to entrusting them with an interim management mission.
Their objective is to intervene in critical phases by bringing a fresh and enlightened perspective. The right interim manager can work in a general management, a financial department, an industrial department or a human resources department.
More than just senior executives, interim managers are leaders 4.0. They are the new resources that organizations now rely on to facilitate, streamline, support and accelerate transformation projects, regardless of the sector of activity.
According to the FNMT Barometer (Xerfi – April 2018), crisis management and turnaround missions continue to erode steadily – with 5 points lost in 2017/2016, representing 9% of the total number of missions – undermining the stereotypical image of exceptional interventions that has long stuck to Interim Management.
Project management and change management are now the spearheads of interim management with 61% of the number of missions carried out.
Our interim managers, men and women, autonomous, contributive, lead strategic phases of projects for companies.
Knowing how to make themselves heard, immediately operational, they relieve the domestic teams through their commitment and re-energize the subjects.
Interim management, which was only a few years ago a limited time recourse, whether for a temporary absence of a manager or for an ultimate turnaround mission, is becoming a managerial practice in its own right… And this is just the beginning.
WAYDEN, a ‘pure player’ in interim management
WAYDEN, based in Paris, is the ‘pure player’ interim management firm that proudly displays its premium positioning resolutely focused on efficiency. Its leaders understand the realities of those who are now their customers, having known them themselves. They therefore deal with the needs entrusted to them with pragmatism and method, following a rigorous process, labelled Bureau Veritas.
Finally, located at the crossroads of today’s decision-makers and the next generation of senior executives, WAYDEN’s associate directors understand the requirements of today’s decision-makers faced with the issues, tools and challenges of tomorrow.
As a leader in interim management, WAYDEN is growing and structuring itself quickly. 2018 will have seen the arrival of 3 new Associate Directors, including one person to specifically take charge of the HR Department as well as Manager relations, and will strengthen its back office.
Our company is also undergoing a reorganization in terms of tools, since we have an ERP that further streamlines and lightens our methodology.
The interim management market is becoming more and more important when it comes to transforming a company. Having access to the right profile, at the right time, to replace a very specific management function at short notice is all the work of WAYDEN. We seek to combine skills, leadership, expertise, experience, adaptability and efficiency in the placement of our managers.
A competitive, volatile and complex field, interim management requires responsiveness, instinct, agility, flexibility, speed and a huge network. WAYDEN has developed an effective, fast and clear response to your temporary operating problems.