We are one of the largest organisations placing senior interim managers in the UK across the private, public and not for profit sectors.
At any given time we will have a broad range of roles, spread across our practices, and we see a high level of loyalty from our candidates because we respect their professionalism and take their development seriously.
Like all Veredus services, our strength is around senior leadership roles in both the public and the private sectors. For instance, when Shelter, the housing and homelessness charity, was looking for an Interim Chief Executive to lead the organisation through a period of change, we were able to put candidates forward from both our database of interim managers and our wider network in the not-for-profit sector. The successful candidate brought enormous experience from former roles as Chair of The Electoral Commission, Director General of the British Red Cross, and Managing Director of the BBC World Service. This was his first interim assignment.
Organisations increasingly see interim managers as a positive part of their overall recruitment strategy and we frequently place people into project management roles, mentoring roles (often very senior practitioners, on a part-time basis) or roles that steer organisations through times of change.
For example, People First, the housing Arms Length Management Organisation (ALMO) in Slough, made a strategic decision to hire an interim Chief Executive, rather than to make a permanent appointment. The end of the national housing subsidy system means ALMOs need to reflect on their future role and with the likely introduction a ‘self-financing’ regime in Slough, the organisation wanted someone to review potential opportunities on a short-term basis.
In the Housing market, we have been observing an increasing demand for interims from the private sector. For example, a number of Housing Associations have recently brought a number of interims in to lead large IT transformations to drive major change and efficiencies
We are also seeing new roles, such as Directors of Transformation, as clients seek individuals with programme management experience to drive major change. Candidates with private-sector sales and marketing expertise, able to develop a keener commercial focus in public services, are also in demand.
In the private sector, clients rely on our ability to provide interims with strong knowledge and specific skills. For example, a client required a Programme Manager to shape the bid for a major outsourcing contract. This role required deep industry expertise alongside the programme management skills. We identified the individual on an interim basis to develop the bid, and this person joined the company on a permanent basis once the contract was awarded.
We are also seeing a significant demand for financial management skills across different professional areas. For one international financial services company we recently recruited a Finance Director to advise on scenario planning and commercial deal structure, then, post-award, a financial services technology guru to shape the transition phase. For a utilities company, we recruited a Finance Director with a Plc background to join the Board in order to strengthen commercial decision-making and lead change.
Why interim management is different
The interim market is different in several key respects.
We tend to be called in at very short notice – often without a formal brief, and with a demanding combination of factors: experience, availability, and the imperative to fit into an existing structure and culture.
The need to respond quickly means the search process relies heavily on the quality of the candidates who we already know.
Interim managers usually need to be over-qualified for the roles they go into. The focus tends to be on creating stability and promoting good management, so their skills and understanding of the business context must be second-to-none.
At Veredus, with over 10,000 experienced, senior professionals in our network, we have access to a large number of very talented people with a wide range of sector and functional specialisms, including senior General Management, Finance, HR, Marketing & Communications, IT, and Procurement.
"Like all Veredus services, our strength is around senior leadership roles in both the public and private sectors."