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Interim management demand will rise in Q4
Demand for interim managers is set to increase in the fourth quarter of 2009, according to an industry report.
Source for Consulting has published its Quarterly Trends for Consultancy Buying, which disclosed that the financial services sector is leading a recovery in interim management appointments.
Specifically, the report discovered that many corporations working within this industry are planning to raise their budgets for interim executives until the second quarter of 2010 – some by as much as 50 per cent.
Rupert Dobson, an interim practice expert, told Recruiter that these figures are aligned to the findings of a recently published Interim Management Association survey.
According to the human resources website, this revealed that the first two quarters of 2009 recorded an 11 per cent rise in demand for the services of interim management specialists.
This increase may be attributed to the recession, according to the business recovery expert Vantis, which claimed last month that interim executives can provide organisations with innovative strategies in periods of instability.
Categories: Financial Services