Temporary Solution and Interim Consulting Solutions | IEC LLC
There are many questions asked about the healthcare recruitment market, especially in our current economy. One of those questions is the rise of temporary solutions and Interim Consulting Solutions that people have noticed.
What’s the reason for the increase in temporary solutions and Interim Consulting Solutions in the current market?
Temporary solutions and interim consulting solutions have always been a constant in the recruitment market, however more recently we have seen a significant increase in the number of temporary solutions across all departments of a company, and interim consulting at the executive level.
There are four main reasons for the increase:
1. Candidate Short Market:
Jobs are in high supply. Companies are refining job descriptions relevant to their business needs with an acute focus on what the customer needs and what the patient needs. With a changing economic and digital environment, with even more focus on blockchain and AI, businesses are having to re-evaluate which candidates fit into the refined job description, company expectations and changing company culture.
Candidates are in high demand, therefore expectations to fill a vacancy with 100% fit is at an all-time high. Aptitude and attitude, technical skills, emotional intelligence, diversity of thinking together with value-based leadership are the new benchmarks.
While the perfect candidate is being sourced a temporary solution is being employed for a short time to fill the gap, so expectations are met and businesses continue to meet demands.
2. Uncertainty in An Election Year
With the increasing uncertainty around state and federal elections, businesses are reacting by 'holding fire' on headcount until they understand more about the policy direction that the new government will be taking across the various portfolios such as health, immigration, education and treasury.
This holding pattern has created a stalemate. However, revenue still needs to be generated, customers need to be serviced, targets and budgets need to be met and performance still needs daily focus.
3. Digital Transformation Projects:
An acute focus on digital transformation projects has seen teams and companies implementing new systems and processes. Digital advancements are being implemented across all business functions from HR to Supply Chain.
This digital focus has both opportunities and challenges, such as; having the right product to deliver the outcomes you want, the implementation of the system or process, the ongoing performance and the protection, and cybersecurity concerns. To implement effectively and efficiently with minimal disruption and maximum impact, experts in the specific field are consulting and providing temporary solutions.
4. Executive Consultation:
The USA market is an attractive one. We are innovation leaders, globally.
More and more C-Level Interim Executives are providing solutions at the c-suite and board level to help companies explore new opportunities, start-up in the USA market, enter new markets and provide shareholders with better returns.
So, what does a good temporary solution or interim consultant look like?
With only a short time period to add value, a good temporary solution or Interim Consultant is a subject matter expert, displays a growth mindset and has high emotional intelligence.
A subject matter expert is focused on a particular task or function. They understand what skills to use, what needs to be done to complete tasks effectively, efficiently and with the best outcomes.
Someone with a growth mindset always sees opportunities and they drive motivation and achievement. They never give up even with internal or external factors challenging a project. Learns from mistakes and always puts the effort into a project. They have a deadline and they will achieve it.
With tight deadlines and high expectations, strong emotional intelligence is fast becoming a consistently required need. Our Interim CEOs have high emotional intelligence & have the ability to communicate and be social, influence and engage, listen and interact, be resilient and humble - all key elements to perform and achieve deadlines.
At International Executive Consulting LLC, we always provide the best to our clients to give a bigger boost in their business. To get updated, follow us on social media.