{"id":565,"date":"2010-01-06T19:04:54","date_gmt":"2010-01-06T18:04:54","guid":{"rendered":"https:\/\/news.icebreakerexecutive.com\/?p=271"},"modified":"2010-01-06T19:04:54","modified_gmt":"2010-01-06T18:04:54","slug":"interim-management-qa","status":"publish","type":"post","link":"https:\/\/winningthinking.co.uk\/?p=565","title":{"rendered":"Interim management QA"},"content":{"rendered":"

It is\u00a0near impossible\u00a0to standardize the content of a QA process for interim management, because that depends on the job to be done, e.g. the terms of engagement in an insolvent business are quite different to a business that is solvent. More ensuring they exist maybe with a checklist of sub points. For example – it is amazing how many interims operate without proper or suitable terms (maybe having been bullied by a corporate client?) e.g. inadvertently and unwittingly invalidating the terms of their insurance to support the \u201cwork in hand\u201d.<\/p>\n

If there is one aspect that could be standardized it is more of a completeness checklist to capture the key terms of delivery for example<\/p>\n

    \n
  1. client tcs and cs,<\/li>\n
  2. insurance,<\/li>\n
  3. terms of reference,<\/li>\n
  4. review process,<\/li>\n
  5. solvency checks \u2013 ignorance is no excuse (Alan sugar recently found 85% of businesses requesting cash required an IP, rather than funding \u2013 this is what we find too)<\/li>\n<\/ol>\n

    Turnaround specific aspects<\/p>\n

    An important factor is also not setting out what you are not qualified to do, e.g. turnaround checklist<\/p>\n

      \n
    1. steering clear of IP related advice unless you are an IP<\/li>\n
    2. shadow director issues,<\/li>\n
    3. illegal trading,<\/li>\n
    4. companies act 2006 changes<\/li>\n
    5. insolvency act 1986<\/li>\n<\/ol>\n

      As a working example \u2013 Icebreaker have our own<\/p>\n

        \n
      1. in house legal counsel to support us,<\/li>\n
      2. a working audit checkist we use as a team; which we continually refine,<\/li>\n
      3. along with our terms, that we adjust and refine to suit what we learn<\/li>\n
      4. review processes,<\/li>\n
      5. and formal support from our funding and our IP partners.<\/li>\n<\/ol>\n

        This is driven by experience of turnaround – cos the most complicated challenges that require the most lateral thinking, and correct action – are turnaround.<\/p>\n

        The IIM or the IMA-1 would be reluctant to create this content, cos they could be held to account and sued \/ simply have not got the courage to do so anyway, nor as i suggest before is it possible to create standard content.<\/p>\n

        Enjoy the snow<\/p>\n","protected":false},"excerpt":{"rendered":"

        It is\u00a0near impossible\u00a0to standardize the content of a QA process […]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21,15,1],"tags":[20],"class_list":["post-565","post","type-post","status-publish","format-standard","hentry","category-interim-management","category-management-development","category-uncategorized","tag-interim-management"],"yoast_head":"\nInterim management QA - www.winningthinking.co.uk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/winningthinking.co.uk\/?p=565\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Interim management QA - www.winningthinking.co.uk\" \/>\n<meta property=\"og:description\" content=\"It is\u00a0near impossible\u00a0to standardize the content of a QA process [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/winningthinking.co.uk\/?p=565\" \/>\n<meta property=\"og:site_name\" content=\"www.winningthinking.co.uk\" \/>\n<meta property=\"article:published_time\" content=\"2010-01-06T18:04:54+00:00\" \/>\n<meta name=\"author\" content=\"ionostest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ionostest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/winningthinking.co.uk\\\/?p=565#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/winningthinking.co.uk\\\/?p=565\"},\"author\":{\"name\":\"ionostest\",\"@id\":\"https:\\\/\\\/winningthinking.co.uk\\\/#\\\/schema\\\/person\\\/018fe961d8c94a6bd8f767d89aff5614\"},\"headline\":\"Interim management QA\",\"datePublished\":\"2010-01-06T18:04:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/winningthinking.co.uk\\\/?p=565\"},\"wordCount\":326,\"commentCount\":0,\"keywords\":[\"interim management\"],\"articleSection\":[\"interim management\",\"Management development\",\"Uncategorized\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/winningthinking.co.uk\\\/?p=565#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/winningthinking.co.uk\\\/?p=565\",\"url\":\"https:\\\/\\\/winningthinking.co.uk\\\/?p=565\",\"name\":\"Interim management QA - 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