Senior HR interim market triples

The
use of interim HR directors has more than tripled over the past year, research
into the interim management market shows.

The
percentage of employers using interims that have appointed interim HR directors
has increased from just 4 per cent to 13 per cent.

The
Mori survey of 164 board directors of the UK’s largest 500 companies also
reveals that the majority of respondents believe that interim managers are more
cost effective than management consultants.

Martin
Wood, managing director of BIE Interim Executive, which sponsored the survey,
said the rising numbers of  senior HR
interims appointed reflects the changes many firms are undergoing in the
uncertain economic climate.

"Many
organisations are undergoing massive change which has to take place very
quickly to meet the uncertain market conditions," he said.  

The
UK’s captains of industry are increasingly seizing the opportunity to parachute
top-level resources into positive and negative situations to move things
forward as quickly as possible. In many cases, it is a matter of
survival."

The
study reveals that special project directors are now the most frequently
appointed interim executives (48 per cent), followed by interim finance directors,
with 45 per cent.

The
percentage of interim IT directors and manufacturing/operations directors also
increased slightly to 19 per cent.

www.bieinterim.com

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