The recent Interim Management Association (IMA) survey results by IPSOS MORI and associated press release throws up more questions than answers.
Having been responsible for developing this survey several years ago when I Chaired the IMA, its purpose was to identify trends in the industry, primarily for members but obviously for a wider audience if those trends were interesting.
Having reviewed the latest press release from the IMA I am concerned that this Survey has been hijacked as a PR tool for the Association.
Firstly and perhaps most importantly it is worth looking closely at who the IMA now represents. The absence of data from 13 of the Institute of Interim Management’s top 20 Providers in 2012 might lead you to conclude that this survey is not a truly representative of the whole sector. It is reckless to suggest without any validation that there are 25,000 practicing interim managers in the UK let alone that the market can be valued at £1.5bn. the numbers just dont stack up.
Yes, it might be reasonable to suggest there is a resurgence in the use of Interim Management but everyone in the real world knows how difficult the market remains and how much harder it is to generate genuine Interim Management work as opposed to contracting roles. One example I saw recently was a role for an Interim Finance Assistant £12-£15 per hour.
At Hemming Robeson we have moved into a different market to service those companies that are seeking a senior and strategically led resource to help them manage their business through periods of immense change and challenge.
I hope this approach is much longer term and far more partnership based than many contract based models but in my view it is the future as more and more companies look at innovative and robust ways of using the talents of high performers who can make a real difference to their business during challenging times.