Does the Food & Drink sector need interim management services ...

With the UK Food & Drink market at tipping point, our sector is under the microscope and perhaps this will be the catalyst for change.

As an industry it is unsustainable in its current state; where retail pressure continues to wage war on food manufacturers? margins. The food manufacturers have to cope with increased costs and often a dire need for site investment, they operate in a saturated, competitive landscape with a high proportion of over-leveraged, debt-laden businesses.

Balance this with a positive and striking increase in SME challenger brands making the mark (particularly those with provenance), foreign investors buying up our brands and incredible export opportunities. Surely if ever there was a time the time is now for Interim Managers in Food & Drink to really make a difference and make these businesses transform, turnaround, survive and grow.

From executive board positions through to the factory floor, there is a need to bring external, independent, impartial and fresh talent into these organisations to deliver some form of change.

Whatever the business risk or opportunity, Interim Management can help businesses to reach objectives on time and on budget.

So why is Interim Management not utilised more often as an accessible, low risk and experienced solution in these current and challenging market conditions?

On paper an internal employee may be cheaper ? but are they cost effective? It is highly questionable whether an employee with no prior experience of a project could deliver the same ROI as an Interim Manager, yet the internal option is considered low risk because they know the business.

There are a number of businesses that do not realise how Interim Management could help them achieve their core objectives, businesses that whole heartedly reject using Interim Management as part of their business strategy and those that are just not aware of Interim Management.

Every day I meet clients that at some point may turn to Interim Partners? for Interim Management services. How can we reposition the message to ensure that the ?true value? of Interim Management gets through loud and clear?

Jo Sands is Head of Food & Drink for Interim Partners.

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