NPD Professionals & Interim Management: A Perfect Match
16 January 2015
Interim management has become extremely popular within the food manufacturing sector. It's easy to see why: the harsh economic climate of the past few years has put a premium on permanent jobs, and made contract work increasingly common.EMAIL3
When I began my career as an NPD recruiter in 2004, there was just a fair-sized handful of interim product & process development professionals up and down the country, covering everything from gap management to specific creative “blue-sky” projects.
However, by the end of 2014 it certainly felt like significant numbers of NPD professionals had ripped up their monthly pay slips and hit the road for the excitement and change of interim management. There are ramifications of this on the permanent market. A talent-competitive sector becomes even more competitive. It seems that product development and interim management are best placed, as the majority of the product developers that I’ve met have stressed the importance of frequent moves and gaining exposure to different products and retail accounts. Of course, interim isn’t for everyone, but on the face of it, certainly satisfies the need for change with some product developers.
Overall, demand for interim management is currently very high, and the UK has the most established version of this industry in the world (currently worth at an estimated £1.5billion.) This has grown by 96% since 2006, with roughly 15,000 interims operating in the UK today.
And remember: Steve Jobs was once an interim manager, and it seemed to work out pretty well for him.
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