Increase in Demand for high impact Interims

Many top level interims report that the recession has led to an increased demand for their capabilities in delivering high impact organisational change. 22% of the interims surveyed said that they did up to 10% more work in 2008 than in 2007, and 9% reported an up to 25% increase in workload.

Nick Robeson, CEO of Alium Partners, said: “High level interim executives have a great deal to offer in the current environment. Many senior managers have not had experience of directing organistions through recession and are struggling with their decision making process at the moment. The best interims are seasoned in leadership through downturns and have the experience and judgement to be able to make the tough, yet measured decisions that are needed to build resilience to survive the recession. Our expectation is that the demand for senior interims will continue to grow throughout the year.”

To help combat the recession, organisations have appointed senior interim executives for a range of strategic change initiatives. The core reasons for hiring interims were:

• Internal change management programmes (39% of interims)

   

• Major new projects (27%)

   

• Enhancing operational performance (17%)

   

• Over half of interims (57%) said that their most recent appointment was for a turnaround situation

   

Last update : 02-09-2009 16:14

Keywords : News, Today, Management Teams Lack Skills to Lead Firms Through Recession

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