Conference held at UEMC, with the participation of EFCL and Interim Spain.
Nearly 70 people packed the graduation hall of the Miguel de Cervantes European University (UEMC) last Thursday, March 26, to attend the conference “Interim Management in Family Businesses” (see program), in which they participated Interim Spain (Interim Management Association of Spain) y Family Business of Castile and Leon (EFCL).
The delegate of Interim Spain in Castile and León, Emilio del PradoDel Prado was able to briefly and concisely describe the general principles of interim management, a business strategy tool poised to become the ideal solution for the exceptional situations companies face. He emphasized that a permanent executive from outside the company, known as an "outsider," typically remains with a company for less than two years, leaving both parties feeling frustrated. This situation is normalized by hiring interim managers—professionals with extensive experience in leadership and management—who join the company externally to carry out an executive mission for a specific period and with a concrete objective.
All the concepts introduced by Del Prado were confirmed by the roundtable of interim managers, which reinforced the different values and characteristics of an interim mission. Additionally, the roundtable of companies contracting these services completed the discussion on the suitability of interim management for resolving exceptional situations.
The two round tables, representing supply and demand, showed the audience the enormous growth potential of “interim management” in the context of family businesses, the vast majority of companies in Spain.
The event was closed by Alfonso Jiménez, president of EFCL, who greeted those present and recounted how he turned a difficult situation to manage (absence of a manager) into a success story of “interim management” in his own company.
About the European University Miguel de Cervantes:
La Miguel de Cervantes European University (UEMC) It is a private, independent university with approximately 1.500 students on its Valladolid campus. Since its founding in 2002, it has provided high-quality, student-centered education through personalized attention, small class sizes, and hands-on training in classrooms and laboratories. In the 2012-2013 academic year, it expanded its campus with a new building, increasing its teaching and research infrastructure by 60%.
About the Santander Chair of Family Business:
La Chair of Family Business at the European University Miguel de CervantesIt was launched following an agreement signed with the Family Business Association of Castilla y León and the Family Business Institute of Spain on January 12, 2009. Its objective is to incorporate the study of family businesses into the field of academic and practical training in Business Administration.
About the Spanish Interim Management Association:
Interim Spain, the Spanish Association of Interim ManagementIt is a private, socially responsible initiative, promoted by people who are sensitive to the professional future of Spanish managerial talent.
Interim Spain's mission is to represent and support, on a non-profit basis, highly qualified professionals who have held or currently hold leadership positions in the Spanish business sector, promoting the concept of interim management as an alternative for job creation and as a strategic tool for companies that need to undergo a process of change.
About the Family Business Association of Castile and León:
Family business from Castilla y León It is an association that brings together around one hundred of the most important family businesses in theThe Autonomous Community, leaders in their respective sectors, whose total revenue is equivalent to 17 percent of GDP and employ 7 percent of the employed population of Castilla y León in the private sector.