London, 27th August 2009
Interim Management versus Management Consulting is a subject that everyone in the world of Interim is aware of. Whether you are an Interim Manager, Management Consultant or specialist recruiter, the relative benefits of each are well known to all.
Many of the reasons for using an Interim Manager over a Management Consultant can be put to one side in this economic situation. Cost is the main area for consideration and it is well known that taking on an Interim Manager to resolve an issue, undertake a turnaround project or manage a change programme, is much more cost effective than using a consultant.
There are many other clear benefits to utilising the skills of an interim manager. These include the personal responsibility of the individual for delivery and the practical and proven solutions that will be implemented. Contrast this to strict and inflexible methodologies often employed by the consultancies.
The major consulting firms will currently be gearing up for the impending new SAO regulations for example that will be hitting UK businesses with a turnover of over £200m or a total balance sheet of more than £2bn. On a smaller scale, this is reminiscent of the SOX regulations that were introduced in 2002, where those with strong finance process or internal audit skills were in demand. Individuals with a tax process engineering background should begin to see an increase in related interim positions as businesses ramp up to deal with the new legislation.
As a specialist provider in interim taxation professionals, we are approaching businesses that may have a need for such skill sets. If you believe you fit this profile then please do not hesitate to contact us.
Mary Driscoll is a Managing Partner at Maven Partners, a specialist finance and tax recruitment business.
+44 (0)207 061 6420