Transcript Bill Penney's presentation (99 kb)

Interims – here to stay!”
Bill Penney
BRITISH COMPUTER SOCIETY CONSULTANCY SPECIALIST GROUP
Tuesday 16th January 2007
Interim Management
Turnaround Management
InterimEurope
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
Interim Management
Turnaround Management
InterimEurope
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
Interim Management
Turnaround Management
InterimEurope
Evolution of Interim Management
Mid 1990’s
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economy recovering
re-employed executives
interims with track records
Privatisation of the utilities
“provider” market grows
Interim Management
Turnaround Management
InterimEurope
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
Interim Management
Turnaround Management
InterimEurope
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
Interim Management
Turnaround Management
InterimEurope
Evolution of Interim Management
Today
• a market of £500m
• c.200 companies claim to be “providers”
• IMA c.30 members
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Differentiate Members from “also rans”
Quality – membership criteria
Marketing and PR for the industry
Industry Champion
Interim Management
Turnaround Management
InterimEurope
Gap Management
- to cover
sudden illness
sacking
maternity
secondment
Interim Management
Turnaround Management
InterimEurope
Project Management
Start-ups
Flotation
Acquisition
Turnarounds
relocation
system changes
new markets, products and services
Interim Management
Turnaround Management
InterimEurope
Future Challenge
• Interims are almost always “solo” appointments
• Large consultancies field teams
Interim teams?
Interim Management
Turnaround Management
InterimEurope