Redefining the interim management market

Jonny Waugh, Associate Partner, Executive Interim

The interim and contract market is growing, some may say it is growing at a faster pace than ever, and we are inclined to agree. There are a host of reasons why we are witnessing this boom …from the fallout from Covid, advances in technology, the increase in work-life balance and home-based working plus the ever-present mounting pressures on businesses to reduce costs and increase performance. These are all factors that have redefined the interim management function. Growth in this area is also being driven from both sides; the candidate demand for flexible short-term opportunities and from businesses looking to tap into expertise on an immediate basis.

Senior-level interim and contract work provides a great opportunity for many types of professionals from a wide range of industries. Life as an interim executive is rewarding and flexible, which are two of the biggest draws to the marketplace for professionals that seek contract opportunities. Those that relish pressure, challenge and change are perfect interim and contract positions. These are also the character traits businesses want when they are seeking senior advice and someone to take the helm instantly.

These highly skilled executives and senior managers are increasingly being requested by our clients on an interim basis because they need senior managers instantly, they need people that can help them tackle large projects and instil change within an organisation quickly and effectively.

This is where we come in. We scour the market and tap into our cohort of tried and tested senior executives who are much more than a safe pair of hands, they bring new viewpoints opportunities and instant support. We find the right people that will fit an organisation instantly. We are working with a mix of businesses who are realising the tangible benefits an interim can bring to their organisation, such as Windhoist, Zotefoams and Gordon Timber.

Ultimately, senior professionals on an interim contract can help businesses lay the foundation of change while also bringing something new and positively challenging the status quo. Interims bring the firepower to see a business through to the next stage and the expertise to drive it forward in the short-term with a long-term viewpoint.