The world financial collapse and the deepening recession are extremely worrying, but as in previous downturns, the recruitment market will adjust to meet current business demands.

The vital need for ‘EU plc’ will be to continue to innovate and stay competitive – otherwise companies will quickly fall behind. While traditional consultancy will continue, it is likely that Interim Consultancy will grow and play an increasing role in maintaining a competitive edge.

It’s tempting for companies to put recruitment on hold, but no sensible company can afford to wait too long. The current economic crisis is likely to have a dramatic and lasting effect on the recruitment market place. We can expect to see a sustained shift away from permanent employment, towards more flexible arrangements.

Interim Consultancy is an attractive option for several reasons. Many of the consultants have been trained by world class organisations and provide high quality services. Company budgets for traditional consultancy will almost certainly reduce, where Interim Management offers clients a very cost effective solution in many situations.

Importantly, Interim Management has the ability to quickly and efficiently provide well matched candidates to deliver specific needs. The ‘self selection factor’ helps too, i.e. consultants themselves have access to a broad job market and tend to choose ‘best fit’ assignments where their talents add most business benefits.

Overall, the trend toward Interim Management is encouraging, because it provides businesses with essential, high calibre resource for the challenging times ahead.