A Wonderful Autumn Evening in Shanghai!
As we approach the end of 2024, we had the pleasure of gathering with our clients, business partners, and friends in Shanghai for an unforgettable wine journey through China and Europe.
In today’s fast-paced and often unpredictable business environment, the ability to adapt quickly is not a luxury—it’s a necessity. Nowhere is this more apparent than in China, where rapid market shifts, regulatory changes, and global disruptions demand agile and expert leadership. As foreign small and medium-sized enterprises (SMEs) navigate these challenges, a powerful solution is gaining ground: interim management.
What Is Interim Management?
Interim management refers to the temporary engagement of seasoned executives—typically for 4 to 12 months—to lead a company through a period of change, crisis, or growth. These professionals are not consultants; they roll up their sleeves and take operational responsibility from day one.
Why It Matters in China
For foreign SMEs operating in China, the benefits of interim management are particularly compelling:
1. Speed and Flexibility
Setting up or restructuring a China operation often requires immediate leadership, especially in cases like a sudden market exit, a stalled JV, or a compliance risk. Interim managers can be deployed within days, ensuring continuity and momentum without the lengthy search process of permanent hires.
2. Local Expertise with Global Understanding
Interim managers bring deep cross-cultural competence and local market knowledge, enabling foreign companies to bridge the East-West divide in expectations, leadership style, and regulatory navigation.
3. Cost-Effective Solution
For SMEs that may not yet be ready to invest in a full local leadership team, interim executives offer high-impact solutions without long-term overhead or hidden costs.
4. Crisis and Transition Management
From turnarounds and post-acquisition integration to plant relocation and leadership replacement, interim managers deliver execution—not just advice.
5. Access to Scarce Talent
In China’s competitive talent landscape, interim management allows SMEs to access senior-level professionals they might otherwise struggle to attract or afford permanently.
6. The Market Is Catching Up
While interim management is still more common in Europe and North America, in China the model is also evolving quickly. Increasing economic complexity, stricter compliance standards, and the diversified needs of international SMEs have created fertile ground for interim solutions.
At X-PM China, we’ve witnessed this shift firsthand for the last 20 years. Whether it’s helping a European life sciences company relocate its production site in China, or placing a transformation leader to steer a digital pivot, the demand is growing. Interim managers bring results—not resumes.
A Strategic Ally for SMEs
For foreign SMEs in China, interim management offers more than a temporary fix—it provides strategic flexibility and operational resilience. It allows business owners and global leadership teams to focus on growth while experienced hands manage the complexity on the ground.
If you’re navigating uncertainty or planning your next big step in China, consider interim management not as a fallback—but as a forward-looking strategy.
As we approach the end of 2024, we had the pleasure of gathering with our clients, business partners, and friends in Shanghai for an unforgettable wine journey through China and Europe.
The X-PM China Shanghai team, Yves-Andre Le Boulaire and Ioana Kraft joined X-PM China founder Aldo Salvador for three intense and enriching days in Brussels at the WIL Group - Worldwide Interim Leadership annual conference, featuring among others interactive workshops and an inspiring speech by former European Council President Herman Van Rompuy.
Exciting moments in Shanghai as we hosted our inaugural X-PM China Interim Managers gathering this Monday. With the visit of our CEO and founder, Aldo Salvador, it was an opportune time for some of our most seasoned managers to connect alongside our old and new team members.
The WIL Group held its 2023 Leadership Meeting in Stockholm on 4th to 6th October. Aldo Salvador, Yves-Andre Le Boulaire and Ioana Kraft participated on behalf of X-PM China.
Full house at our X-PM China business breakfast this week ‘Should I Stay or Should I Go - the Situation of European Business in China’ with Joerg Wuttke, European Chamber President Emeritus. One year after the lifting of COVID restrictions, this is still the most pressing question on foreign business leaders’ mind and trying to find an answer faced with economic headwinds and growing geopolitical challenges was never as complex as today.
Early November the X-PM China team took opportunity of the visit of CEO and Founder Aldo Salvador to gather in Shanghai and work together on plans and strategy for 2024. Our team has grown to seven members now based in Shanghai, Beijing and the Greater Bay Area, ready to bring our clients top notch interim and transition management services.