CEO and Co-Founder
Raj Tulsiani - CEO & Co-Founder - Green Park
Despite much speculation surrounding Brexit and its effects on the UK talent market, the executive interim industry remains largely unperturbed. Where other areas of the recruitment industry may feel the blow of reduced hiring due to a turbulent economy, interim managers are likely to reap the rewards. In a market downturn, organisations will be looking to reduce overheads by increasing operational efficiency. Those reluctant to make long-term decisions during a period of uncertain financial forecasts will need a short-term solution to continue delivery: enter interims.
The transformation agenda has been an overriding theme of the last few years and UK organisations will need to put their best foot forward to compete in the global marketplace. This will mean ramping up the pace and volume of their transformation projects, where we are already seeing huge demand and an increasing perception of value in the use of skilled interim talent.
This is great news for interim managers, but it does make the role of interim management providers somewhat tricky. Between the exodus of EU talent and the introduction of IR35 into the private sector driving interims to take permanent positions, the gap between interim demand and interim supply will worsen.
Successful providers will be those with collaborative internal cultures that breed innovative approaches to problem-solving as organisations require an increasingly consultative talent partner to manage and deliver their people strategy and overall business objectives.
At Green Park, we have been growing our team, investing in our infrastructure and realigning our organisational design to offer a flexible, cross-functional best team and client-centric approach to our people recruitment and management solutions.
For more information about how Green Park supports talent strategies, visit www.green-park.co.uk
Interim HRD Learning - Deloitte
Brexit has created uncertainty across the whole of Britain these last 2 years. Ultimately a lack of investment impacts all business processes including talent attraction, development and retention. With this likely to continue companies could turn to interims as a way of plugging short-term capability gaps.
Board at Darlington FC & Involvement in Multiple Interim projects at sports and tech firms
I don’t think employers are currently confident enough to hire; instead, they’re shopping to see if the talent is there. Interim is a way of mitigating that uncertainty: if you’re uncertain about your company, or how the economy is going to go, interim is a sensible approach. Employers just aren’t declaring their hand on permanent at the moment.
Executive Director - BIE
It’s almost an impossible question. From BIE, we haven’t seen a ‘deer in headlights’ effect yet. We continue to grow month-on-month. Interim revenue continues to stay strong. We haven’t seen that disabling effect from Brexit. Im very wary that we might hit a brick wall at any point, depending on what happens. Clients are still recruiting, on the interim side projects to continue to get sign off and we continue to see the need for core interim talent.