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Interims – here to stay!” Bill Penney PowerPoint Presentation
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Interims – here to stay!” Bill Penney

Interims – here to stay!” Bill Penney

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Interims – here to stay!” Bill Penney

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  1. Interims – here to stay!”Bill Penney BRITISH COMPUTER SOCIETY - CONSULTANCY SPECIALIST GROUP Tuesday 16th January 2007

  2. Bill Penney • 1988 - 91 Director of Resourcing, P-E International • CBI-Inbucon Temporary Executive Service • 1991 - 94 Questor (interim database for recruitment companies) • 1994 - Ashton Penney Partnership Limited 1998 -2000 Chairman, Interim Management Association 2000 Initiator, Institute of Interim Management 2003 SeniorManagementEurope 2005 AshtonPenney floats on AIM

  3. Evolution of Interim Management • Late 1980’s • Recession, de-layering, privatisation • 5 companies with a market of £20m • “Other people’s cast offs” • Formation of ATIES(Assoc of Temp & Interim Execs Services) • Marketing Co-operative • Code of Practice

  4. Evolution of Interim Management • Mid 1990’s • economy recovering • re-employed executives • interims with track records • Privatisation of the utilities • “provider” market grows

  5. Evolution of Interim Management • 1999 • ATIES becomes Interim Management Association www.interimmanagement.uk.com • “distress purchase” • to strategic investment • Launch of Institute of Interim Management www.ioim.org.uk

  6. Evolution of Interim Management • 2000 - 2005 • IR 35 • Professional Contractors Group • 2003 Employment Agency Act Regulations • “Opt-out” • OGC – S-Cat & Catalist Public sector 33% of all assignments

  7. Evolution of Interim Management • Today • a market of £500m • c.200 companies claim to be “providers” • IMA c.30 members • Differentiate Members from “also rans” • Quality – membership criteria • Marketing and PR for the industry • Industry Champion

  8. Gap Management • - to cover • sudden illness • sacking • maternity • secondment

  9. Project Management Start-ups Flotation Acquisition Turnarounds relocation system changes new markets, products and services

  10. Future Challenge • Interims are almost always “solo” appointments • Large consultancies field teams • Interim teams?