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Interim management sector 'showed resilience in 2010'
The Interim Management Association (IMA) has applauded the industry for its resilience, despite reporting a slowdown in new assignments last year.
Data from the organisation's annual market summary shows the number of new projects dropped by 25 per cent as the sector responded to political and economic uncertainty in 2010.
Compiled by Ipsos Mori, the figures also suggest that the gap between private and public sector demand continued to narrow last year, with an average ratio of 52 to 48.
When the survey began in 2006, private sector demand accounted for 70 per cent of interim assignments.
Commenting on the findings, IMA chair James Atkinson said the market has proved "relatively resilient" in the face of significant upheaval.
"Particular industries have shown a marked increase in use - manufacturing in the private sector and health in the public sector," he added.
Vice-chair of the IMA Raj Tulsiani recently spoke to Recruiter about the need to overhaul procurement frameworks in the public sector and provide more opportunities for small businesses.
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Categories: Public Sector