It's not uncommon for professional managers, having reached a senior position within an organisation, to find their careers losing momentum. Not surprisingly, there are fewer places at the top of the tree than lower down. Despite their leadership skills and a wealth of experience, there is simply nowhere further to go; they've reached a ceiling and the rewards and satisfaction they get from their work begin to plateau.
Moving to another company might provide fresh impetus – but for how long? Disruption to family life and schooling could easily outweigh the benefits of moving to a new permanent role.
Faced with this conundrum, many professional managers seize the opportunity to forge a more dynamic and stimulating career in Interim Management. A role in which they can be confident their abilities will be fully appreciated and rewarded appropriately.
Flexibility is key and the most successful Interim Managers are often the ones that are not restricted by rate or location. You must also be able to quickly fit in with a diverse range of cultures and working environments.
First class people skills are essential too, as is your ability to grasp situations quickly, engage staff and make an immediate impact.
Critically, you also need to be clear about the specific expertise that you can offer. A generalist Interim often finds it more difficult to find work than someone who is a proven specialist in their particular field, as organisations will usually expect Interim Managers to be able to demonstrate success in a similar role.
Average lengths of assignments handled by Interim Management Solutions are betwen 6 and 12 months at the offset, however a large majority of these contracts are extended with an overall average length between 6 and 18 months.
A career as an interim offers a great deal of challenge and variety, and can also often offer flexible working options, without some of the constraints of permanent employment. In short it allows you to plan your workload around your life – rather than the opposite.
Recently, we have seen an increase in the amount of interim roles becoming permanent. On average, one third of our interim managers who have successfully completed their assignment are offered a permanent position within the company. It is entirely up to the interim manager whether to accept the position or not.
If you are interested in hearing more about Interim Management Solutions' services and why interim management could work for you, contact us for more information.