Latest News - Interim Managers Urge Firms To Prioritise Organic Growth
Wednesday Jun 9
Focus on your own business for growth
Interim Managers urge firms to prioritise organic growth
UK firms should concentrate on growing organically rather than through take-overs, according to new research from interim management solutions provider Interim Partners.
The survey of 1,475 interim executives shows that 34% said UK firms should be seeking organic growth, while 31% said managing cash should be prioritised with only 6% of interim managers rating merger and acquisition (M&A) activity as the top priority for UK businesses.
Doug Baird, managing director of Interim Partners, says: “Interims overwhelmingly agree that UK firms should not overstretch themselves now by chasing the allure of transformational M&A deals.
“Interim managers, as much as other senior executives, are attracted by the potential of M&A activity to create radical increases in profitability but they feel the time is not right.”
Source: www.recruiter.co.uk - 2 June 2010
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