Contractor management skills in high demand, reveals new survey
Contractors working in management will be pleased to learn that new research has revealed that it will be a good year for the sector.
The report, carried out by the Interim Management Association (IMA), has indicated stabilised growth for the sector, revealing that interim managers will continue to form a crucial part of the UK’s labour force during the year ahead.
The latest Ipsos MORI report found that during the third quarter of 2013, joint turnover by IMA members’ firms stood at £42m – an increase of 29% compared to the first quarter.
Jason Atkinson, chairman of the IMA and managing director at Russam Interim, said, “The second quarter of 2013 saw a real uplift in all areas, and at the time I commented on how positive this was for the industry. These third quarter results continue the overall growth trend, and – when compared with the statistics reported between 2008-2012 – I believe we are beginning to see signs of real recovery and development within the sector.
“Whilst we haven’t seen any big spikes for this third quarter, I think it represents the changing pattern of interim recruitment. These industry specialists are brought in during the first quarter to work in, often complex, business scenarios. Assignment lengths are increasing and they are being afforded time to drive the activity and to deliver results.”
The survey also shows that more interim managers are now female, with 36% being woman. This is the highest figure recorded since 2010, with numbers continuing to rise.
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