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Interim managers 'enjoying more varied roles'
The role of the interim manager is evolving as organisations become more aware of the benefits such executives can bring to their business.
This is according to the Wall Street Journal, which reported that an increasing number of companies across Europe are now appointing interims for long-term projects.
Deborah Stevenson, an interim manager with 12 years' experience, explained how the position has changed since she entered the industry.
She told the newspaper: "Interim managers used to be hired mainly for emergency turnaround situations. Now it is a more varied, general role."
Jaap Schaveling, a Dutch researcher who has studied the industry, suggested that the old-fashioned view of interims as managers for emergencies is no longer accurate.
"This role has turned into being efficient in just one aspect of the organisation, rather than trying to change it as a whole," he commented.
Recent data from the Interim Management Association revealed that interim appointments in the UK increased by 24 per cent year-on-year during the third quarter of 2009.