1. 1 Version 1 | Internal Use© Ipsos MORI Final Version 1 | Internal Use Only Paste co- brand logo here IMA Membership Audit Quarter 1 2014 January – March 2014 23/06/2014 14-02657-01 Internal_Client use only

2. 2 Version 1 | Internal Use© Ipsos MORI Methodology and Sample

3. 3 Version 1 | Internal Use© Ipsos MORI Methodology and Sample This report presents the findings of the first of four waves in 2014 of the IMA (Interim Management Association) Membership Audit. The study, now in its 9 th year, has been carried out from 2006 on a quarterly basis. IMA members participated in an online survey entering data for each assignment completed between 1 st January and 31 st March 2014. This report is based upon findings from the 17 participating members of the IMA. Fieldwork was carried out from May through to mid June 2014.

4. 4 Version 1 | Internal Use© Ipsos MORI Completed Assignments

5. 5 Version 1 | Internal Use© Ipsos MORI 2014 at a glance Q1 2014 IMA Members completing the survey 17 Cumulated turnover (millions) £24.4 Average margin against revenue 17% Completed assignments280 New assignments started 390 NET started - completed+110 Average length (billable days) 122

6. 6 Version 1 | Internal Use© Ipsos MORI Number of completed assignments The first quarter of 2014, the 17 participating IMA members completed a total of 280 interim assignments. The average number of assignments completed per member has increased to 16 in Q1 2014 from 13 in Q4 2013. The average number of assignments in progress per member has also increased from Q4 2013 – the average this quarter has increased to 63 from 58 in Q4 2013. The overall number of new assignments started in this quarter has also increased to 390 from 339 in Q4 2013. The highest number of new assignments started this quarter has gone up to 80 from 61 in Q4 2013. The net difference between new assignments started (390) and completed (280) is +110 this quarter, up from +44 in Q4 2013. As of 31 th March 2014, the 17 participating IMA members had a total of 1,074 assignments in progress. The highest number of interim managers on assignment on 31 th March 2014 from one member was 200. However, the average length of assignments has dropped this quarter from 153 in Q4 2013 to 122 days in this first quarter (Q1 2014). The gender split has remained stable, with female executives accounting 32% of all the assignments and male executives accounting for 68% (Q4 2013 female executives accounted for 33% and male executives 67%).

7. 7 Version 1 | Internal Use© Ipsos MORI Number of assignments completed in the quarter 6-10 21-25 How many interim management assignments were completed by your company between 1st January and 31st March 2014? 26 or more Highest number of completed assignments by one member = 72 Total number of completed assignments by all members = 280 1-5 11-15 Base: IMA Members completing the survey (17) 16-20

8. 8 Version 1 | Internal Use© Ipsos MORI Number of completed assignments Trend data Number of assignments (actual numbers) Average number of Interim management assignments completed per member in each quarter Base: IMA Members completing the survey each wave

9. 9 Version 1 | Internal Use© Ipsos MORI Total number of assignments in progress by all members = 1,074 Number of assignments in progress in the quarter 11-20 1-10 31-40 41-50 51-100+ Highest number of interim managers on assignment on 31 th March= 200 How many interim managers did you have on assignment on 31st March 2014 Base: IMA Members completing the survey (17) 21-30

10. 10 Version 1 | Internal Use© Ipsos MORI Number of assignments in progress Trend data Average number of interim managers on assignment per member at the end of each quarter Number of assignments (actual numbers) Base: IMA Members completing the survey each wave

11. 11 Version 1 | Internal Use© Ipsos MORI Number of new assignments started in the quarter How many new assignments started between 1st January and 31st March 2014? Total number of assignments started this quarter = 390 Highest number of assignments started this quarter = 80 1-10 11-20 51+ 21-30 Base: IMA Members completing the survey (17) 31-40 41-50

12. 12 Version 1 | Internal Use© Ipsos MORI Number new assignments Trend data Average number of new assignments started per member in each quarter Number of assignments (actual numbers) Base: IMA Members completing the survey each wave

13. 13 Version 1 | Internal Use© Ipsos MORI 301-360 days Length of assignments 61-120 days 60 days or less 241-300 days 121-180 days 181- 240 days What was the length of each assignment in billable days? Over 360 days Average 122 days Base: All assignments completed in Q1 2014 (280)

14. 14 Version 1 | Internal Use© Ipsos MORI Length of assignments trend data Average length of assignments in billable days each quarter Billable days Base: Interim assignments completed in each wave

15. 15 Version 1 | Internal Use© Ipsos MORI Male and female share MaleFemale Is the interim executive male or female? % Base: All assignments completed in Q1 2013 (280)

16. 16 Version 1 | Internal Use© Ipsos MORI Public sector vs. private sector  This quarter we have seen the gap between the private sector and public sector narrow. The private sector accounted for 56% of all completed assignments in Q1 2014, down from 70% in Q4 2013. The public sectors contribution to completed assignments has increased from 30% in Q4 2013 to 44% in Q1 2014.  The Financial Service sector continues to dominate, with 45% of all private sector assignments being from this sector.  The next most prominent sectors are Transport with a 9% share and Retail, also with 9% share this quarter.  This quarter Local Government remains dominant in the public sector with a 48% share. This is followed by the Education sector with 18% and Health sector with 14%.

17. 17 Version 1 | Internal Use© Ipsos MORI Private sector vs. public sector Public sector Private sector Were they working in the public or private sector? % Base: All assignments completed in Q1 2014 (280)

18. 18 Version 1 | Internal Use© Ipsos MORI Private sector Which specific industry within the private sector? Top mentions Base: All assignments completed in Q1 2014 in the private sector (156)

19. 19 Version 1 | Internal Use© Ipsos MORI Public sector Which specific industry within the public sector? Base: All assignments completed in Q1 2014 in the public sector (124) Top mentions

20. 20 Version 1 | Internal Use© Ipsos MORI Job function, reason for assignment  21% of requested assignment functions in this quarter were for Finance, followed by Special projects with 20%, which is down 5 percentage points from Q4 2013 (25%).  The most common reason for an assignment remains Programme/Project Management with 49% of all interim executives hired for this purpose. However, this has dropped substantially from Q4 2013 (from 61%).  The next most common reasons for assignments remains Gap Management (26%) which has gone up considerably from the 12% in Q4 2013

21. 21 Version 1 | Internal Use© Ipsos MORI Job function performed What job function did the executive perform? Top mentions Base: All assignments completed in Q1 2014 (280)

22. 22 Version 1 | Internal Use© Ipsos MORI Reason for assignments What was the reason for this assignment? Top mentions Base: All assignments completed in Q1 2014 (280)

23. 23 Version 1 | Internal Use© Ipsos MORI Location of assignments Where was the interim executive predominantly based for this assignment? Base: 358 Assignments Q1 2014 U.K. 276 Outside the U.K. - Western Europe 2 Central/Eastern Europe - Central/South America - USA/Canada - Africa - Middle East 1 India /Asian subcontinent 1 Asia and the Far East - (*percentage smaller than 0.5%) Base: All assignments completed in Q1 2014 (280)

24. 24 Version 1 | Internal Use© Ipsos MORI Enquiries

25. 25 Version 1 | Internal Use© Ipsos MORI Enquiries An ‘enquiry’ is defined as any contact for an assignment which led to a meeting with a prospective client and putting a shortlist forward.  The average number of enquiries received by each member involved this quarter is 83. This has increased from the previous quarter where the average number was 65.  70% of enquiries came from the private sector this quarter and 30% from the public sector, very similar to ratio seen in the previous three quarters.

26. 26 Version 1 | Internal Use© Ipsos MORI Number of enquiries received General trend data Base: All receiving enquiries in each quarter How many enquiries for assignments did your company receive in each quarter? No. of enquiries

27. 27 Version 1 | Internal Use© Ipsos MORI Enquiries in the private and public sectors Public sectorPrivate sector What percentage of these enquiries came from the public and private sectors? Base: All receiving enquiries % Base: All enquiries received in each wave

28. 28 Version 1 | Internal Use© Ipsos MORI Final Version 1 | Internal Use Only Paste co- brand logo here Thank you Sundus.ali@ipsos.com | 020 3059 4782 23/06/2014 © Ipsos MORIThis work was carried out in accordance with the requirements of the international quality standard for market research, ISO 20252:2006 and with the Ipsos MORI Terms and Conditions which can be found herehere