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Interim management survey: 2015 insights
With 2016 on the horizon, we surveyed our interim network to offer an insight into their placement activity this year.
Many of the interims we speak to enjoy interim management not just for the professional satisfaction, but also the flexibility it offers to pursue your own interests in between placements.
In 2015, we found that the most common role lasted five to eight months (37 per cent). And, with nearly four out of five (78 per cent) interims completing a maximum of two placements per year, it is clear that being able to take some time out is an important part of this lifestyle.
This is a trend that we have witnessed across the economy. After gaining valuable industry experience, senior professionals are looking for greater control over their working life, which has drawn many from traditional employment to interim roles.
However, interims are often only content when busy. We now see interims pursuing life-long passions that continue to challenge them outside of the office. For example, we have part-time mountain rescuers, people taking the cookery or language courses that they always wanted to do, and an around-the-world sailor on our books!
That said, almost one quarter of interims (22 per cent) run against the grain and are completing between three and four placements per year. For some, the constant challenge of being parachuted into new and exciting environments and solving fresh problems is their raison d’être.
Perhaps it is this unwavering commitment in meeting a challenge head-on that impresses management teams. In fact, nearly three quarters (70 per cent) of our interims say that their assignments are often or always extended.
That hunger for interim talent shows no signs of abating with interim management fast becoming a core part of business strategy. We expect to keep interims busy well into 2016 as delivering change and seeing organisations through periods of significant transformation remains high on the agenda for boardrooms across the country.