{"id":3321,"date":"2025-05-06T14:42:00","date_gmt":"2025-05-06T12:42:00","guid":{"rendered":"https:\/\/www.grantalexander.com\/en\/?p=3321"},"modified":"2025-09-05T14:18:22","modified_gmt":"2025-09-05T12:18:22","slug":"opinionway-x-grant-alexander-study-interim-managers-to-the-rescue-of-companies-in-difficulty-les-echos","status":"publish","type":"post","link":"https:\/\/www.grantalexander.com\/en\/our-news\/opinionway-x-grant-alexander-study-interim-managers-to-the-rescue-of-companies-in-difficulty-les-echos\/","title":{"rendered":"OpinionWay x Grant Alexander Study \u2013 \u201cInterim Managers to the Rescue of Companies in Difficulty\u201d \u2013 Les Echos"},"content":{"rendered":"\n
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TURNAROUND \/\/<\/strong> When companies face complex challenges, interim managers bring expertise not only in change management<\/strong> but also in restructuring<\/strong>.<\/p>\n\n\n\n The business world can shift suddenly, plunging companies into deep crises triggered by economic downturns, structural changes, or complex internal transitions, including digital ones. Such shocks can strain cash flow\u2014even for profitable businesses\u2014sometimes leading to insolvency.<\/p>\n\n\n\n \u201cProblems vary greatly between companies,\u201d explains Fr\u00e9d\u00e9ric Rudondy, partner at NIM Europe, specializing in turnaround missions. \u201cBut often, we see poor cash flow management or strategic gaps. Leaders look too often in the rearview mirror instead of anticipating and preparing for what\u2019s ahead.\u201d<\/p>\n\n\n\n Identifying early warning signs and knowing how to surround oneself with the right expertise are two keys to a successful turnaround. \u201cIt\u2019s important to discuss the situation with seasoned professionals,\u201d says Jean-Fran\u00e7ois Gallo\u00fcin, independent corporate director. \u201cBoard members may have stakes, but they don\u2019t have the emotional attachment. They provide a different perspective for the leader.\u201d Free from bias, they can take on the \u201cbad cop\u201d role and alert entrepreneurs when they are in denial.<\/p>\n\n\n\n \u201cLeaders often struggle to acknowledge mistakes or admit challenges; even when they haven\u2019t made an error, situations inevitably become more difficult,\u201d confirms Bernard Tronel, Managing Director at Essensys France, a specialist in interim management.<\/p>\n\n\n\n The entrepreneurial ecosystem\u2014including chambers of commerce, courts, lawyers, accountants, and associations\u2014has long promoted preventive measures<\/strong>, often in collaboration with public authorities. Interim management is part of the solution toolkit, yet it remains underrecognized in French companies<\/strong>: 40% of executives have never heard of it, and only a third understand what it entails, according to a recent OpinionWay study conducted for Grant Alexander, a consulting and HR services group.<\/p>\n\n\n\n […]<\/p>\n\n\n\nA Little-Known Profession<\/h3>\n\n\n\n