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Interim management offers 'satisfaction'
Executives holding interim management positions can take "great satisfaction" from delivering operational improvements in short-time frames.
That is according to Colin Whipp, a member of the Institute for Turnaround, who suggested that job fulfilment can be gained by transitional board members in both the public and private sectors.
Speaking to the Financial Times, the former interim chief financial officer at NHS Great Ormond Street explained that delivering value for money for the taxpayer and training up management-level members of staff had given him satisfaction.
These comments add to the continuing debate surrounding the role of interim executives, who have become more in demand during the recession as businesses seek experienced directors on short-term contracts.
Last month, InterimCEO/InterimCFO claimed that transitional managers must be able to operate in an environment in which they have no experience, while Interim Assignment claimed that these types of executives must be adaptable to change.