The decision to become a professional interim is not one reached lightly, or without a great deal of thought and research. For most of you it represents a major career crossroads and one that suits some, but certainly not all. For those who make a successful transition, it can be one of the most rewarding periods of your working life, and one from which you rarely look back. It will often depend on personal circumstances including your current risk/financial profile (eg: mortgage and/or school fee commitments), your personality type, enjoyment of corporate life as well as the work/life balance drivers.
‘Interimming’ allows you to opt out of corporate life, leave behind the politics for the variety, freedom and flexibility that can exist in a portfolio career. However, financial robustness is often essential and needs to be carefully evaluated, against the ‘feast and famine’ nature of being an interim. Most experienced interim managers will confirm that they work much harder than they did whilst being employed and that their clients can be very demanding. A member of PiR’s Interim Management Practice will happily advise aspiring interims on the rewards and the potential pitfalls of becoming a professional interim.
It’s worth commenting that on occasion PiR has experienced clients seeking to engage an interim who would consider transitioning across to a permanent role. The concept of this model could be attractive to both parties. It enables the client and candidate to assess each other in advance of making a more permanent commitment and avoids a time consuming and costly search process. However, this will naturally deselect career interims for whom a permanent role is not of interest. PiR’s role in this is to manage the expectations of both parties to avoid misunderstanding and disappointment.