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Debt Management – More Ways to Save on Gas Consumption
The price of gas continues to climb, and with continued uncertainty in the Middle East, they will probably continue to do so. In California and elsewhere, prices for some grades of gas have now reached the previously unthinkable three dollars a...
Supply chain management 101
Answering the question of what Supply Chain Management is, is as
simple as breaking down the phrase into its component parts.
Supplies are those inputs that a company relies upon to produce
the product that will ultimately reach its customers....
The Definition Of Asset Management
Many of you have probably heard the term "asset management"
Before, but you may not have an idea of what it really is. Asset
management is a broad term. It can be defined as a process that
guides the gaining of assets, along with their use and...
The Seven Keys to Successful Offsite Meeting Management
A large offsite meeting is very much like a stack of dominoes. If one of those dominoes should happen to fall, the entire row simply collapses. Similarly, if you miss one critical detail, your offsite meeting can quickly unravel into complete...
Time Management Prioritized
Self-awareness is important to manage time productively since
our goals are the focus we need to put into practice our plans
to make them work. Prioritizing your plans can reduce your
risks, as well as help manage your time. Time is valuable,...
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Interim Management provides hope for UK Manufacturing Sector
Businesses of all types are now exploring the benefits of Interim management.
What was once seen as the
exclusive territory of large multi-national companies may turn
out to be the saviour of the UK manufacturing sector.
Paul Wilson, Managing Director of Aster Interim Solutions takes
up the story, Interim
Managers were once exclusively used by the larger companies
to aid in company turnaround or implement business
re-structuring but are now being used by
companies of all types and sizes from both the public and
private sector.
Typical reasons why companies may use interim managers
include:- Company turnaround and business restructuring e.g.
'Company Doctor' Introduction of change management To bridge a
'gap' to cover for maternity, secondment etc To provide
additional resources when companies need it most such as through
periods of dramatic growth or the building of company
infrastructure As a 'safe pair of hands' whilst the replacement
of a permanent member of staff is sought following their sudden
departure As a project manager to manage a transition e.g.
introduction of new business systems etc.
The UK manufacturing sector has been 'ravaged' since the 1950s
by cheap imports resulting in job losses and the gradual
transition of our manufacturing
base to lower cost geographical areas. Many of the UK
manufacturing companies left are now 'working
smarter not
harder' in an attempt to outwit their
competitors.
One of the ways this manifests itself is by the use of
specialist Interim
Managers.
Whereas Finance and Human Resources have historically been
disciplines where companies have used interim managers,
businesses are now using interim
manufacturing/operations managers to help them in their efforts
to implement philosophies such as six sigma and lean
manufacturing.
Many UK manufacturing companies are now using Interim Management to
provide their business with
'manufacturing best practise'. By using the experience of the
interim manager companies can become a leaner and fitter
business in a shorter period of time
than they would otherwise have been achieved.
In addition, the cost of hiring the interim manager is tangible
and only temporary. This makes the 'interim' proposition very
attractive for a number of
our clients".
This all goes to demonstrate, perhaps the strategic use of
Interim Managers can provide our remaining UK manufacturers with
a powerful weapon in their bid
to stave off low cost offshore competition.
For further information contact:- Paul Wilson Managing
Director Aster Interim Solutions Ltd www.aster-interim.co.uk
About the author:
None
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