- Interim executives
Our interim executives have been in our clients’ shoes as professionals. They have lived executive jobs and challenging roles in technology, industrial, operations, services, growth, transformation, risk management, and commercial settings.
They support organizations in navigating crucial transformations, filling leadership gaps, or getting operational upgrades done. They help our clients meet their most ambitious goals by redefining what’s possible and bringing fresh perspectives to the table. Our interim executives work shoulder-to-shoulder with the management team until they have completed the challenge, or the permanent executive is on board.
Benefits of working with Magnifor's interim executives
Our seasoned interim executives enable our clients to bring new leadership on board to address immediate needs and stay only as long as required. As a result, they will immediately impact your business goals, benefiting from an exceptional depth and breadth of expertise, with no permanent obligation. Such on-demand senior leadership has distinct advantages. We highlight the three most prominent ones:Objectivity. Our interim executives don't seek a long-term career in your organization. They have no hidden agenda; their goal is meeting your goals. As a result, they can bring the most honest and objective perspectives to the table and shake things up in ways that permanent leaders often cannot.
Speed. Magnifor's interim leaders can be deployed fast, often within days, into your organization. They are usually productive and functional within a few days after day one.
Competency. Magnifor's interim executives are highly qualified, having achieved a high level of experience and seniority in their field through various senior roles and assignments. They have the skills, knowledge, and agility to apply this fast and effectively.
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- Growth
We start and finish with your business objectives. We have a razor-sharp focus on achievable growth and its risks and opportunities.
Whether you want to grow your profitable sales, open new segments or territories, launch new products, or increase your margin first, our consultants will undoubtedly be able to support you. After the growth trajectory is set in numbers, we will focus on what is needed to get you there and what are barriers to success. Such roadmaps often include both organic growth paths as programmed acquisitions and business integrations.
We focus on meeting targets with sustainable and inclusive growth. This means growth beyond the short-term financials. It includes conditions to allow people to have fulfilling jobs that stimulate the projected growth while not harming the environment. An equitable work environment must be safe and inclusive, including all workers.
Working with us in a growth trajectory often means putting people first. Diversity & inclusion, and organizational culture are often areas where growth drivers are found and overlooked. While growth, inclusion, and sustainability are often framed as trade-offs we rather think of them being positively intertwined: ‘and’ not ‘or’. We need all three.
The most talented people don’t need you – they chose you. And they chose companies that work on growth beyond the numbers.
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- Transformation
In our approach we use the traditional why (purpose; why it matters), how (process), and what (results) of the transformation.
On top of that, we pay attention to the who (people, roles & responsibilities). Who leads the transformation? Who must transform? And who do we transform for? The last stop is the when & where of the transformation; the roadmap forward, the journey ahead, with clear milestones and deliverables.
Transformation is hard and very different from change. Change looks at how work is done so far and wants to make it cheaper, better, faster, leaner, everything ‘– er’. It has its anchor in the past. The eye looks back and wants to change what is found there.Transformation starts with a vision. The eye looks forward and wants to pull that future vision to today’s reality. Transformation has its anchor in the future. Business interventions are executed to realize that vision.
In doing so, our transformation teams strike a balance between short-term improvement and creating long-term value. Our consultants have an evidenced ability to challenge the status quo and inspire true action and transformation. And, most importantly, have grit, passion, and perseverance, and an unremitting eagerness to contribute to the success of our clients.
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- Risk Leadership
The purpose of risk management must go well beyond basic compliance. The why of risk management should not be managing risks. Instead, it must be about people learning to make better decisions. Doing that requires a focus on the development of people engagement and encouraging companywide analysis of risk and opportunity.
To make a real impact, risk management must be integrated with organizational effectiveness, but little has been done so far to connect these two worlds - and this can, and must change.
We are unique in several ways.
Firstly, we focus on balancing risk and opportunity as the two sides of the coin that underpin uncertainty. Most leaders understand that a core responsibility of leadership is avoiding or mitigating risks that jeopardize organizational goals. At the same time, leaders also know that they must take calculated risks if they want to grasp opportunities and get breakthrough results. Therefore, we must embrace taking the right risks at the right moment to open up the organization to possibility. Effectively balancing these two realities will result in extraordinary success.
Secondly, we bring bottom-up insights to risk and opportunity registers from people across the entire organization. The goal is to move from informed compliance to risk-awareness, engaged compliance, and critical thinking. Ultimately, this leads to an organization regarding those on the frontline as professional partners who identify, and point out risks and opportunities, providing the organization’s leadership sufficient time to be proactive well before threats harm the company, employees, customers, or other stakeholders. It also allows them to seize opportunities well before they slip away, potentially becoming a competitive advantage for rivals.
Thirdly, we support risk managers in moving away from being siloed in solely managing risks from a top-down perspective in isolation from the rest of the organization.
Even with all we know today about leadership and management one of the most untransformed areas of business is risk management.
Currently, we observe leaders interested in having all their employees be de facto risk managers. There is a growing interest in having all employees enabled to monitor the actual level of risk and opportunity rather than rely on a static shot in time of what risk was identified during a risk workshop.
Together with our clients we design & build uncertainty management approaches, ensuring that the right people see risks and opportunities at the right time, enabling teams to act with skill and confidence and extend the boundaries of what is possible in their response strategies.
This is how an organization builds resilience and remains relevant in the decade ahead.
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- Risk leadership Mindset™
Building resilience through a risk and opportunity-aware culture is easier said than done. In Magnifor we like to compare culture with the wind. While it is invisible for everyone, no one escapes the effects that are seen and felt wherever you are. When it is blowing in your direction, it makes the sailing easy. When it is blowing against you, everything is more complicated.
Old school risk management is very technocratic. To continue the metaphor with sailing: it is about knots and tactics. Modern risk leadership develops a crew’s desire to sail challenging journeys into unchartered territories. More and more we are coaching business leaders in how to mobilize all hands and minds on board in sharing what they know about the risk and opportunities related to their future vision, growth aspirations, and business goals.
Culture change will not be achieved through top-down mandate only. At Magnifor, we believe that culture lives in people’s collective hearts and habits and their shared perception of, ‘how things are done around here.’ Because leaders play an essential role in the movement towards a risk culture, we have developed a Risk Leadership Mindset™ model. A mindset that is vital for any leader who wants to pivot teams and organisations towards a risk culture. The attributes of what shapes a Risk Leadership Mindset™ are further explained in the visual below.
Leaders who develop a Risk Leadership Mindset™ will be better able to create radical foresight on risks and opportunities coming their way. They will be prepared to do what all great leaders do; help their teams deal with the increasing complexity and speed of change of our times.I want to know more about Risk Leadership Mindset™
- Risk FOcus™
To stay competitive in a world dominated by uncertainty, our clients have to mitigate risk and grasp opportunities while simultaneously identifying new uncertainties as they surface at all their organizations’ levels. Our proprietary solution Risk Focus™ enables leaders and risk managers to act quickly and with confidence.
Risks don’t rest and opportunities don’t wait. Risk Focus™ allows our clients to be pro-active and capture every uncertainty as it is identified, unfiltered. These are assigned to an owner and managed in a dedicated workflow. Leaders and risk managers can monitor and improve performance with executive dashboards. Ways of working that create competitive agility and help our clients be ahead of their game.Risk Focus™ raises risk awareness, transform our clients’ culture, and produces profound business results.
This cloud-based digital solution supports teams and companies in crowdsourcing risks and opportunities. Having and utilizing a few simple screens in everybody’s pocket will stimulate the sharing of uncertainties, potential issues or simply observed anomalies. It allows each individual to raise their voice and identify uncertainties that might have a potential impact on their organization’s objectives. As some clients shared with us: ‘Risk Focus™ democratizes risk and opportunity insights.’
The real value behind crowdsourcing is the engagement you can create: making sure that people are recognized for their inputs and given feedback of what was appreciated engages them further in the company and its objectives. In crowdsourcing, every voice counts and must have equal weight. Because no one of us is as smart as all of us.
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Read our point-of-view of why risk management must change and ways how to do it
- Risk Management Services
Typically our clients face several challenges today:
- Major projects and strategic initiatives are not being completed on time, on budget and/or are not delivering expected results
- Decision-making processes are not delivering the desired results at the required speed and effectiveness
- Existing Risk Management processes have not resulted in value-creating outcomes
- Customers are making Risk Management programs a requirement for doing business
- Complex strategic shift that will measurably change the organization for customers and employees
Our core services include:
- Creation of Risk Management Plans and associated processes
- Re-alignment of existing Risk Management processes to ISO 31000
- Sourcing or provision of qualified Risk professionals (e.g. Risk Managers, Risk Engineers)
- Qualitative Risk Assessment
- Quantitative Risk Assessment (Cost and Schedule Assessments)
- Predictive Risk Management Modeling
- Technical Assistance and Externalization of Risk Management
- Risk Management Training
- Organizational Consulting
Clients may engage LCG in a modular manner or an end-to-end basis
- pROJECT ASSISTANCE
Our team of consultants and experts has roots in some of the most complex energy projects in the world such as USAN and AKPO in Nigeria, South Pars in Iran, the construction of FPSO’s and offshore platforms or Deepwater Drilling Rigs in Korea and China as well as the design of complex VMI and inbound supply chains for sectors as varied as FMCG, Life Sciences, and Engineering & Manufacturing.
Our engineers are also responsible for the development of giant solar plants (from 30 MW to 200 MW) in challenging environment or remote locations.
We are currently developing projects in West Africa as well as in the Middle-East, Australia and South-East Asia.
We can help your project with:
- Sourcing personnel
- Managing personnel logistics (e.g. mob/demob, accommodation, visas, and insurance)
- Site selection support and logistics for locations anywhere in the world
- Design of organization and procedures (PEP, PMP, PRM)
- Project Control
- Project Procurement, Logistics and Supply-Chain
At LCG we are committed to the highest standards of quality and safety while ensuring the clients needs are met.
- sUPPLY CHAIN AND LOGISTICS
Managing the supply chain and logistics for equipment with specific and unusual constraints can define success for your major project.
Moving heavy and out-of-gauge equipment to remote locations, using routes that have a high amount of uncertainties exponentially increases the risk and complexities facing a successful project.
We have the experience to help you find the most effective solution and implement it.Examples of projects executed by our team:
- End-to-end management of the importation into Nigeria of several giant platforms (e.g. FPSO, Producing Platforms, Deepwater Drillships, Jack-up) from USA, China and Korea
- Management of a logistics base servicing an IOC’s operations with over 200M USD of stored equipment and several supply-boats rotation per day in the Gulf of Guinea
- Import and movement of a giant rig from UAE to Uganda’s Lake Albert involving transport by ocean and both trucking and rail modes of transport to final installation
- Delivery, installation and running of a base camp in northern Niger for the realization of seismic acquisition by an Oil & Gas EPC Contractor. This supported 80 personnel on site, the movement of all equipment and seismic trucks across the desert to the site, construction of a waste treatment center, catering, power supply, security, mob/demob of personnel and equipment, and administration management.
- Management of the urgent airfreight of 60 tons subsea equipment from UK to PHC in Nigeria. Whole operation organize and successfully realized in less than 4 days including custom clearance.
- Supply of emergency equipment from Korea to an Oil platform in the North Sea within 96 hours from request.
- EXECUTIVE LEARNING AND TRAINING
Our Executive Learning team has developed advanced programs allowing organizations to capitalize on our experts knowledge and innovate in their fields. Our certified experts can deliver our trainings anywhere in the world either in your facilities or in world class business locations.
“The rate of learning must be greater than the speed of change ”
Dr Yury Boshyk
The LCG Learning programs have been specifically designed for the energy sector and the foundation of a Risk Leadership Mindset © These ISO 31000 aligned programs deliver a customized learning experience, particularly for IOCs and EPC contractors.
Expanding knowledge of Risk Management processes and practices will create improved outcomes in terms of schedule, cost, quality and value created across an enterprise. Additionally it will enhance employee engagement and leadership skills. Participants will also learn how to integrate effective Risk Management processes into their decision-making, thus creating a true Risk Leadership Mindset throughout the organization.
Who Should Attend
Our programs are designed to benefit emerging, high potential and seasoned leaders who want to enhance key risk management and leadership competencies. Results depend on people and these programs provide leaders who desire to build high performing teams with the tools and knowledge to accomplish these goals.
Our most popular programs are:
- Industrial Project Management
- Introduction to Risk Management
- Introduction to Enterprise Risk Management
- Advanced Project Risk Management
- Quantitative Risk Analysis (Predictive Budget and Schedule Analysis)
- Advance Use of Primavera Risk Analysis (Oracle certified)
- Effective Supply-Chain Management & Risk
- Value creation through a Risk Leadership Mindset
Program Format
Learning styles vary from person to person, and the organizational needs of our clients vary as well.
Therefore we follow a consistent approach that includes pre-program work and assessments that shape the on-site program and when appropriate then offer post-program support to the participants to lock-in the learning from the selected program, which vary from 1 to 3 days in length.In addition the LCG recommends its partner The Negotiation Institute for a complete range of advanced programs.
We also offer regular sessions in Lagos, Washington DC, New York City, London, Mumbai, Hong-Kong and Perth.
The number of participants to each session is limited to 25 to ensure a personalized program.
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Magnifor Consulting - Amsterdam, The Netherlands