It has been said many times, that business success depends on three things: Management, management and management.

However, the reality for most new and younger, technology driven companies is, that management is inexperienced in providing general guidance, developing business plans and sustainable strategies, communicating with venture capital firms, doing market research and finding suitable international partners, negotiating and setting up contracts and several other business related tasks. Main competencies are normally technology based.

Management and business inexperience is the number one reason for company failure, far more often involved than the failure to develop the company technology platform.

Whether the company has developed into a stage where competent business management is badly needed or whether the management has left the company seeking new opportunities, interim management could provide the optimum solution for a shorter or longer period of time.

An experienced interim manager could fill the management gap and

• Drive and focus the development process
• Guide and support the entire staff
• Drive the commercial processes as outlined above
• Help the Board of Directors in selecting the best possible candidate once the interim management period is over.
• Assist the company raising funds for ongoing R&D and other activities