Interim Management - Women Get Ahead

The number of female interim managers is rising. This is one of the most notable trends discernible from our recent six-monthly survey.

The proportion of our candidates who are women has risen steadily over the past few years, to 17%. But across the membership of the Interim Management Association (Source: IMA), which comprises 31 providers of interim management services, the proportion of women is even higher - over 25%, according to the IMA\'s most recent quarterly survey conducted by Ipsos MORI.

Our survey

Our survey found that turnaround management and corporate restructuring continue to account for most interim assignments. But the IMA survey found that while \'business improvement\' is the second most common reason for hiring interims, programme and project management account for 39% of all assignments.

The number of assignments lasting between four and 12 months is steadily rising, with the typical length of assignment being four to six months among our candidates. Similarly, the IMA found that the average length of assignments is 130 billable days - considerably higher than last year.

Across all sectors

Respondents to our survey believe that the public sector, followed by banking, insurance and financial services, are the areas where the use of interim managers will increase the most over the next twelve months.

Anticipated growth in public sector work augurs well for the fees interim management executives can expect to earn while on assignment. While our own survey indicates that daily rates are nudging gently upwards, the IMA survey found that fees tend to be higher in the public sector - around 700 a day in non-departmental government bodies and central government for example, compared to around 600 in banking and finance and 550 in manufacturing and business services.

http://www.impactexecutives.com/our-services/interim-management.html

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