Research estimates that a company can lose over $1,000,000 in lost opportunity costs by a missing senior executive. That can severely impact the organization and set them back several months or even years. However, there is a remedy and that is an interim executive.
A company that suddenly finds itself without an executive in charge is in trouble. Because if there is no one to continue fulfilling the responsibilities of the lost COO, CEO or CFO, that business becomes unstable. And inevitably, instability leads to loss – financial loss.
The financial savings an interim executive brings to your company can not only save you from loss, but help you grow. By reducing risk and turnover, as well as, increasing time flexibility, companies can save thousands, if not millions, of dollars.