The Definition of "Interim Management"

"Interim Management" (also sometimes known as "Executive Interim Management") is defined as:

"The engagement of a specialist executive "interim manager" for a discrete assignment to address (usually) short-term challenges within an organisation, without most of the obligations that are usually involved if it were to otherwise engage the same individual on a permanent employment contract" such as:

• redundancy pay (or payment in lieu of redundancy notice at the end of the assignment)
• holiday pay
• sick pay
• provision of resources such as IT, stationery etc.

...and without the administration of:

• redundancy
• PAYE
• national insurance
• career management & development
• etc"

Wikipedia's Definition

So Isn't Executive Interim Management The Same As Consultancy ?

There are similarities yes, but there are some really significant differences between interim management and consultancy.