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IMA: Public sector interim demand increasing
Interim management recruitment campaigns in the public sector have surpassed those witnessed in private companies for the first time ever.
That is according to a report commissioned by the Interim Management Association (IMA), which discovered that demand for transitional executives in the second quarter of 2009 was greater in public agencies than private corporations, recruiter.co.uk reported.
In addition, the research, which was conducted by the polling agency Ipsos MORI, revealed that 30 per cent of these temporary executives filled positions in local government, 25 per cent in healthcare and ten per cent in non-departmental bodies.
Paul Botting, chairman of the IMA and managing director of OdgersInterim Commercial, explained that public sector organisations are under immense pressure to provide more public services at a lower cost than ever before.
He told the website: "Delivering even higher levels of quality and service and putting resources to the front-line, which is no mean feat in the depths of a recession; is where independent specialist interim managers come in."
The increasing necessity of interim executives was reiterated by Greg Rayburn of FTI Consulting last week,
He told the Financial Times that interim managers are increasingly being sought by firms that need to obtain money quickly.