What does the magical quadrangle of the global economy have to do with the boom in interim management?
The head economist of Deutsche Bank, Stefan Schneider, explained very vividly, the magic quadrangle of the global economy at an event organized by the BVMW Rheinhessen-Nahe near Boehringer Ingelheim. The strong global economy, subdued inflation, mega expansionary monetary policy, booming asset markets are driving growth like we haven’t had for a long time. The mood is good. There are political risks, but cannot cloud the consumer and investment climate. Industrial production is running at capacity. Production companies have to reject orders in part because the capacity limit is exhausted and the shortage of skilled workers is becoming more and more noticeable.
This overall positive situation leads to the increased use of interim managers and experts not only in Germany, but worldwide. Through our cooperation with the Interim Management Associations at the DACH area and our worldwide interim management provider Alliance, we have made interim management at companies salonable over the last 10 years. In the meantime, the use of an interim manager in all corporate functions and project management is an integral part of the world. Top managers consciously decide to act internationally as freelance interim managing director, plant manager, HR manager, group controller, sales manager or project manager after a corporate career. The automotive supply industry, mechanical and plant engineering, the electronics industry or the service sector are happy to use interim managers and experts in optimization projects of any kind. We interim management providers advise our clients, which interim manager has up-to-date knowledge and is ready to write the next success story.
Agile project management has long been no stranger to implementers. A structured approach and a know-how transfer that has a lasting effect are quite normal for the interim managers. The success of interim management goes hand in hand with the increasingly complex demands of the digital world. Companies have realized that they are getting quick help here to solve their challenges.