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Trade secrets: Interim management

The downturn means huge challenges and tough decisions for managers and staff, from cost-cutting to redundancies. Bringing in expert interim managers could be the answer. Many senior managers with good track records have never had to manage a business in a recession.

Their minds will be on cost-cutting, restructuring, redundancies, supply chain management, margin maintenance, working capital management, and possibly even the need for short-term funding to bring about these changes. These are all areas that require specialist knowledge and expert deployment.

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