The research, “CFO Insights: Interim management: the solution in a talent-short market?”,?published by Robert Half Management Resources, shows that 69 per cent of chief financial offers are concerned about a skills drain due to baby boomers leaving their company within the next two years.
The biggest concerns expressed by 200 British CFOs and finance directors across the UK are a loss of legacy knowledge (43 per cent) followed by leadership abilities (20 per cent) and functional skills (18 per cent). Interim management is one way that employers can stop the skills drain, according to the report. “Finance leaders benefit from the cost-effective access to skills offered by interims,” explains Julian McLaren, vice president of enterprise solutions at?Robert Half Management Resources.? “By continuing to capitalise on the readily available and highly trained interim market, businesses can adjust more easily and quickly to workload variations.” Almost all of the CFOs (96 per cent) said that they would consider becoming interim managers as they approach retirement. Almost two-thirds (61 per cent) cited the flexibility offered by interim management as the biggest attraction, while 37 per cent said that they are tempted by the exposure to new companies and sectors.
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
