Impact Executives Reveal Results From Survey of Interim Managers

The Outlook is More Positive, but it's Certainly Not Back to `Business as Usual.'

LONDON, October 4, 2010 - Impact Executives (www.impactexecutives.com/), announce the
results of their most recent survey of interim managers
(www.impactexecutives.com/), who reflect the current state of the
economy.

Findings indicate we're in for a long hard slog, with no imminent
prospect of a return to easy growth. As such, maturity and experience seem to
be increasingly prized: the proportion of interims over the age of 55
continues to grow steadily, while this year three per cent of respondents
were over 65 - an age bracket the survey has not previously captured. It is
encouraging too that while last year the number of interims on assignment was
fewer than those not on assignment, this year the balance has shifted again,
with 55 per cent working and 45 per cent not.

Turnarounds are at the same level as last year, but the number of
business restructurings has fallen, with business growth taking up the slack.
This is encouraging; while companies are at pains to get their strategy
right, a tight focus on costs is being balanced with investment in activities
designed to foster growth.

While the falling day rate is partly to do with the fact that companies
are tightening their purse strings, it could also indicate a shift among some
firms to payment by results.

When looking ahead, downsizing has reared its ugly head for the first
time in many a year as a primary reason for organisations needing interim
managers over the next six to 12 months - a view no doubt linked to imminent
dramatic cutbacks in the public sector.

Also, unsurprisingly, respondents felt the public sector was likely to
yield significantly less work this year than it has in the past - a view
informed by the significant cost savings announced by the Government.
However, at Impact Executives, we believe that once the dust has settled,
demand for experienced interim executives (who never shy away from a
challenge) will rise again.

Christine de Largy, Managing Director of Impact Executives
(www.impactexecutives.com/) stated "These results do not set out to
shock or buck the trend but reiterate our continued message that things are
heading in a positive direction, just at a slow steady pace. We have also
noted that in interim appointments, maturity and expertise will be important
differentiators in cost reduction or profit improvement."

About Impact Executives

Impact Executives (www.impactexecutives.com/) is a leading interim
management provider to organisations of every size in the UK and globally.
Originally formed as a specialist practice within PA Consulting Group, over
the past 20 years Impact Executives has helped more than 2000 companies.
These include more than two-thirds of the FTSE 250 - find the very best
executive interim management talent.

With offices covering the UK, continental Europe, Asia Pacific and
Australia, Impact Executives is part of the global services consultancy
Harvey Nash Group plc, giving clients and interim managers the confidence
that we have the resources, expertise and focus to deliver results - fast.

    For more information contact:
    Christine de Largy
    Impact Executives
    13 Bruton Street, London, W1J 6QA
    +44(0)20-7314-2012
    christine.delargy@impactexectives.com
    www.impactexecutives.com

For more information contact: Christine de Largy, Impact Executives, 13 Bruton Street, London, W1J 6QA, +44(0)20-7314-2012, christine.delargy at impactexectives.com