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Interim management offers 'flexibility'
Interim management positions offer executives "freedom and flexibility", a staffing management specialist has disclosed.
Linda Stewart, founder of Epoch, suggested that executives with experience in mergers and acquisitions are becoming more popular in the current economic climate and are increasingly filling temporary positions in organisations.
Identifying the skills required to successfully become an interim executive, the human resources expert suggested that directors looking at transitional positions as a career choice must be able to thrive in unstructured organisations.
Speaking to the Boston Herald, Ms Stewart explained that senior executives in their 50s are most in demand because of the experience and market awareness that they can offer businesses.
She said: "It gives [companies] access to deep knowledge and expertise on a variable cost basis with goal-oriented professionals who have no political agenda."
The skills required to become an employable interim executive have been commented upon by a number of recruitment experts over the past couple of weeks.
Samson Jebutu, head of workforce planning at Essex County Council, suggested that public interims must have focus and tenacity, while Interim Assignment claimed that private transitional executives must be quick-working and deadline-focused.
Agreeing with all the previous Charlotte Baker of OdgersInterim also said:
"There is more to recruiting an interim executive than an assessment of their professional or technical skills. Interviewing and selecting prospective interim executives is quite different from interviewing executives for a permanent role."
"Yes you must be able to focus on tasks i.e. whether or not they can deliver to time and budget and whether their work is properly embedded and consequently fruitful for the client, but the most important talent is judgment. Judgment on who will help, who will hinder, what can be achieved with the resources available and when to push and when to move more slowly. Of course this is a consideration in all recruitment but in the interim executives case this needs to be achieved in a couple of weeks if the assignment is to be a success. Flexibility cuts both ways."
Categories: Board & CEO