• LinkedIn
  • YouTube
  • Twitter
  • Facebook
  • Google+

Use ‘interim execs’ for hard-to-fill jobs

by on
in Hiring,Human Resources

Struggling to fill a key spot? Want to look great to your boss? Consider hiring an interim executive, says Paul Dinte, president of Dinte Resources Inc., an executive search firm in McLean, Va.

While Dinte has been placing interim executives for 11 years, he says several trends are uniting to create more room for them:

*More financially strapped, high-profile companies are seeking turnaround specialists to make immediate changes.

*Entrepreneurial companies are scrambling for executives with “proven operational expertise” who can get up to speed quickly.

*More senior executives are interested in interim assignments because they are trying to achieve work/life balance, are sampling different organizations and industries or are leery of accepting a permanent job in light of downsizings.

Acting executive appointments also are being used to “test-drive” candidates, mentor an up-and-comer or carry out a special project.

The use of short-term executives tends to peak when the labor market is extremely tight, as it was last fall, and when businesses suspect that the economy is turning around but lack the budget for permanent hires, says John Sturges, managing director of Contract Professionals in New York.

His prediction: More companies will turn to interim chiefs “if this [business] cycle continues.”

Like what you've read? ...Republish it and share great business tips!

Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...

We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.

The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.

" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/7940/use-interim-execs-for-hard-to-fill-jobs "

Leave a Comment