Bosses fail to calculate interim investment

Latest research shows that more than eight out of 10 interim managers believe their organisations are failing to measure the return on investment (ROI).

HR consultancy Chiumento led the research which reveals that, despite the findings, confidence is strong with almost two-thirds of interims believing their number of assignments will increase this year. Accordingly, 53% of believe the market is buoyant while 22% think it is set to grow further. Just 5% believe it will decline.

A further reason for buoyancy in the interim market, said the report, is that 64% of interims believe that organisations are now so lean that they’ve lost key skills and talent. Despite this, 78% of interims say that organisations are still not doing enough to harness the skills and knowledge of the interim, a rise of 5% on 2007.

Graham Bird, director of interim management at Chiumento, commented: "With the use of interims becoming more commonplace, it is concerning that organisations are still failing to leverage the full skills and experience of interim managers, and are also still failing to measure the return on their investment.