Reported by Recruiter, a survey by Russan GMS has highlighted that interim roles appear to be falling. It seems that ‘gap filling’ is becoming less popular with companies instead choosing to hire interim managers for special projects.
The survey of 12,000 interim managers showed that the market fell by 6% in the six months between June and December 2011. It showed that interim managers are increasingly choosing to call themselves, ‘change managers’. This reflects the change in companies hiring of interim managers. “Fewer businesses are recruiting interims for traditional ‘gap filling’ roles. Instead, they are being hired for assignments focused on business transformation.”
Speaking to Recruiter, Charles Russam, chairman of Russam GMS, says: “Interim management has come of age. Companies are now hiring interims more strategically – to run special projects such as post-merger integration or change programmes. Gap filling projects still have their place, but more interims are working with CEOs to deliver change and modernise and progress businesses. Interestingly, around 5% now classify themselves as change managers – it has become a new job discipline. Companies have also recognised that the benefits interims can bring in terms of coaching and developing internal teams.”
Interim Management still appears to be dominated by males and this was highlighted by the survey. Not only is it male dominated but it also showed a 13.5% pay divide between men and women. To attract a greater number of women to the industry, Charles Russam has created a women’s business network, Interim Women.
