Professional women are increasingly opting to work as interim managers these days.
For instance, in the case of Network Rail, she was acting HR director and part of the bidding team that helped to take Railtrack out of administration in order to create the new organisation.
- Consider all of your options and take your time in making a decision to become an interim
- Talk to as many other interim managers as you can to get a good ‘feel’ for what the work is like
- Consider what you have to offer and what you want from your career: What benefits would you bring to a client? What are your strengths? What are your requirements? Is there a market for what you have to offer?
- Prepare a business plan
- Meet and register with the main interim management recruitment agencies and ensure that you have a clearly-defined offer of the services that you bring to the table
- Ensure that you have a financial cushion of at least a year’s outgoings before you take the plunge
- Be clear in your own head that you can deal with the uncertainty of the work and cash flow issues – some people simply can’t and permanent employment is a better option for them
- Apply for lots of credit before starting – sort out your mortgage and the like – because it will take two years to build up a credit rating again
- Register for VAT before making any purchases
- Ensure that you have a good network of contacts – join LinkedIn, for example – undertake targeted networking, and start spreading the word about your new role
- You will need to be self-motivated and get on with the job of generating business, even though you may not always feel like it
- Always present yourself as a complete professional
- Be flexible and ready to learn new skills
- Once you are sure interim management is what you want to do, stick at it and don’t give up!
Diane Morris is director of interim recruitment consultancy Russam GMS’ Interim Women business network.