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BUSINESS CONSULTING GROUP, LLC
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Envision Business Strategy, Develop Business Plans and Solve Business Problems
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The Challenge of Replacing Key “C”-level Executives or Upper-level ManagementOccasionally, events will occur from time to time that indicate a need for full or part-time supplemental management expertise. These events could include:
● The temporary or permanent loss of a key executive due to retirement or life events. In response, the business may need a temporary replacement
executive while the permanent replacement is being recruited and employed. ● Starting or growing a business. A new or growing business may need the skills and experience of one or more professional executives on a part-time basis until it can afford and recruit its own full-time management team members. ● Selling or substantially altering the ownership of a business. During a negotiation and management transition period the businesss key stakeholders may prefer to have an independent resource managing operations. ● Bankruptcy workout. Once the decision to liquidate is made many key management positions become vacant yet they need to be filled temporarily to enable a smooth wind-down of operations during the workout period and ensure asset value is not compromised. ● Initiation of a large-scale project. Some projects that are larger in scope than ones normally undertaken or which involve special expertise may require skills and experience that dont exist or are in short supply at the company. We have the required skills and experience available on a per hour or project basis to help companies respond to these events as follows. Executive Rental/Leasing● Temporary or extended executive assistance to operate a company, manage a project, fill in for a sick manager, staff vacant positions or provide
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