When companies hit problems, management teams are stretched and often turn to advisors for help. This will result in advice which is helpful but doesn’t provide the extra resource that is really needed.
Without extra experienced resource a stretched management team will have little option but to focus on fire fighting. The result is that management do not have sufficient time to deal with their normal job of running the business and if this continues then the business can quickly deteriorate.
Challenging circumstances can also result in gaps in the management team and these gaps can be difficult to full quickly.
Icknield can cover the extra roles required and if necessary assume senior interim roles at short notice.
The Icknield team has undertaken a variety of interim roles:
• Chairman
• Chief Restructuring Officer
• Chief Executive
• Chief Operating Officer
• Finance Director