Interim management enquiries up by a fifth

The number of enquiries for interim managers increased by 18% in the first quarter of 2012, finds a members’ study by the Interim Management Association (IMA).
Thu, 12 Jul 2012
The number of enquiries for interim managers increased by 18% in the first quarter of 2012, finds a members’ study by the Interim Management Association (IMA).

However, these assignments decreased in length, with an average 152 days, compared with 173 in Q4 2011. Over half (53%) of private sector assignments were in banking & finance, and just under half (48%) of public sector business came from local government.IMA member firms averaged 79 enquiries in the period, the survey also finds.

IMA chair Jason Atkinson says: “The UK’s interim management sector is both established and well respected. In fact it is now worth £1.5bn and this is an industry where Britain leads the world.

The survey also revealed female executives accounted for 31% of all the assignments, up from 24% previously, with Atkinson adding: “Given the vast press surrounding the low levels of women represented in UK boardrooms, following the Lord Davies review, it is positive to see such high numbers of female interims.”

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