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M&A Article - July-August 2009

Unlike consultants, interim managers can implement change.

However, given the current set-up of the profession, do companies really know what expertise they’re hiring?


In theory, you might assume that the condition of the economy makes this an ideal time for interim managers. The reality is proving somewhat different. ‘We’ve seen a few recessions come and go,’ says Charles Russam, chairman of interim management provider Russam GMS. ‘The broad truth is that when business goes down, interim goes down. That’s because there is less volume and so people don’t spend money. Instead, they fire people, and that means they don’t take on consultants, interims or contractors.’

Read the full article that appeared in the July/August issue of M&A including comments from Dermot Hilll by taking the ‘Download’ option.


01 September 2009
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