Our Process
Boyden has a strategic and thorough search process, designed to maximise our efficiency and accuracy in providing the best interim managers available, often within demanding timeframes. It begins with responding to the client’s enquiry in a timely fashion, and carries through to the assignment’s completion and beyond.
Exploratory Meeting
Following an initial conversation with the client to determine whether interim management is the best solution, we arrange an exploratory meeting to discuss the assignment in detail. This includes identifying the client’s goals; the scale, scope and deliverables of the role; as well as cultural fit, budgets and timeframes.
Action items
- Prepare a comprehensive draft of the assignment
- Create a profile of the ideal interim manager
- Clarify the specific goals and objectives of the role
Search
Our dedicated research team immediately begins sourcing candidates from our portfolio of interim managers, an elite group we consider the top 10% in the market, contacting each to ascertain their availability and suitability for the role.
We then compile a list of individuals who will meet with our Partners. We maintain relationships with interim managers across a variety of roles on a continual basis. When a need arises, we meet face-to-face with the most qualified candidates to discuss the client’s needs and assess the candidate’s suitability.
Action items
- Match candidates to the assignment
- Analyse candidate qualifications
- Meet with potential candidates
Selection
Based on our meetings with potential candidates and further analysis of their qualifications, we narrow our search to develop a shortlist of the most suitable candidates for the role.
We then present the CVs of select candidates, along with their rates, availability, and a brief report highlighting their most pertinent skills and experience. Each candidate also prepares a preliminary action plan, which helps the client make a hiring decision based on demonstrated expertise.
The next step is to arrange interviews between candidates and the client. After the interviews have concluded, the client selects the candidate who is the best fit for the assignment, and we agree upon the terms.
Boyden interim management handles all contractual administration and ensures the interim manager can step into the role as soon as possible.
Action items
- Develop shortlist
- Present CVs and action plans
- Arrange interviews
- Final selection
Assignment
Two to three weeks after the start of the assignment, we work with the client and interim manager to develop an action plan for the duration of the assignment. We then provide ongoing support as needed, holding meetings to assess intermediate results and ensuring all deliverables are being met to the client's complete satisfaction.
Evaluation
Boyden continues to be involved at the end of the assignment to ensure a smooth transition as the interim manager departs. This includes one or more post-assignment meetings with both the client and interim manager to allow a complete handover and knowledge transfer. We also:
- Analyse the results against the objectives of the action plan
- Assess the impacts of the interim manager’s actions and the capacity of employees to carry out new initiatives
- Provide recommendations for the future with regard to clients, competition, human resources, products/services, and strategy
These recommendations are based on the interim manager’s observations, practical knowledge of the business and experienced foresight.
Candidate Profile
Role
- General Management
- Finance/Administration
- Human Resources
- Sales/Marketing
- Production/Logistics
- Research and Development
Industry
- Finance
- Industrial
- Healthcare
- Food
- Technology
- Consumer Products
Expertise Example: Finance sector
- Financial control with improved ratios
- Reporting and consolidation to Anglo-Saxon Accounting (ASA) standards
- Information system redesign
- Optimization of cash
- Developing budgets with operational divisions
- Initial public offering
- Debt restructuring
Experience Example: Finance sector
- Crisis management
- Restructuring
- Mergers & acquisitions
- Business start-up/creation
- Diversification (products/services)
- Critical situations
- Special projects