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A QUARTER OF INTERIM MANAGEMENT POSTS FILLED BY WOMEN

A QUARTER OF INTERIM MANAGEMENT POSTS FILLED BY WOMEN

•        Figure far higher than the number of females on boards

•        International Women’s Day: The Interim Management Associationcampaigns for more women to consider an interim career

 

Almost a quarter (24 per cent) of UK managers on short-term contracts are women, almost 10 percentage points more than the number of females on the boards of FTSE 100 companies.

The statistics for fourth quarter (Q4) of 2011 come from the latest Ipsos MORI survey (1) conducted on behalf of the Interim Management Association (IMA), the industry body representing the leading UK companies that recruit interim managers.

On International Women’s Day, the IMA is highlighting how a career in interim management can be a more flexible option than corporate life.

“The number of women in interim management compares very favourably to the number of women on UK boards,” said Anne Beitel, executive committee member of the IMA and director at Executives Online. “Almost one year on from the Lord Davies review, only 14.9 per cent of FTSE 100 board representatives were women (January 2012).”

“However, we need to campaign to get the figures higher. Interim management presents an opportunity for executives to chart their own course they can choose the types of work they take on and the challenges they want to be presented with. And, where corporate life is untenable, becoming independent allows the interim managers to take control of their careers and progress onwards into bigger and better-paid roles.

“In its early days, interim management was often considered to be a male/gap filling role. But, today this has evolved into a solution for executing strategic projects – attracting a wide variety of & lsquo;top flight’ executives (both men and women), who are specialists in their areas. And, today we are seeing increasing numbers of women taking up interim appointments across all functions and roles.”

The Q4 2011 figures for women in interim management are down 7 percentage points from Q3 2011, but Beitel believes this is a temporary blip.

“Over the last couple of years, the number of women working in interim management has hovered at around 30 per cent and we would expect to see fluctuations,” she said.

 

[1] Ipsos MORI IMA Market Audit Q4 – October-December 2011. Fieldwork conducted in January/February 2012 – 24 members responded.

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