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Interim Managers
                                                       Introduction to PiR Resourcing’s Interim
                                                       Management Services
         Are you currently an                          PiR Resourcing have well developed client relationships and a
                                                       brand that is synonymous with delivery and quality across a
        accomplished interim
                                                       range of services. In our experience, when an unexpected or
    manager specialising in the                        critical organisational gap arises, parachuting in an
          life science sector?                         experienced interim manager will ensure strategic and
                                                       operational goals are met.
Are you considering launching
         your interim career?                          The business situations where an interim can add value are
                                                       many; gap management, headcount freeze, business
If you answer ‘yes’ to either of
                                                       turnaround, holding the fort whilst a permanent solution is
          these questions, then                        identified are a few examples.
                 PiR Resourcing
           can advise and assist                       PiR Resourcing’s Interim Management Service works with
                                                       some of the most highly-regarded professional interims in the
         you - whether you are
                                                       life science sector. Our aim is to provide clients with
        an experienced interim                         adaptable, senior level expertise, at short notice, within an
     manager or exploring this                         agreed budget, whilst ensuring business goals remain on track.
        as a new career option.                        Our exclusive focus on the life science sector means we
                                                       understand the key issues and needs of both our candidates
                                                       and clients.
                                                                    The benefits of becoming an interim with PiR
                                                                    Resourcing:
                                                                    G Approachable and supportive in our advice and counsel
 PiR Resourcing operate across a range of                           G Sector/industry knowledge and contacts
 functional roles including:                                        G Rate negotiations handled by PiR Resourcing
                                                                    G Advice on current rates, taking into account market fluctuations
 G Medical including Physicians, Medical Affairs, Medical
                                                                    G Back office/admin support including setting up relevant, robust contracts
   Science Liaison, R&D, Drug Safety and Pharmacovigilance
 G Regulatory Affairs
                                                                      and timely payment of invoices
                                                                    G Receive regular job alerts by signing up via our website
 G Programme/Project Management                                       www.pir-resourcing.com
 G Manufacturing/Operations including Supply Chain and              G Support throughout the lifecycle of an assignment
   Quality Assurance                                                G A personal client testimonial following the successful conclusion of an
 G Product and Brand Management                                       assignment
 G Pricing & Market Access                                          G Networking and sharing market intelligence

 G Health Economics & Outcomes Research (HEOR)                      G Access to expert associates - including financial and legal specialists
                                                                    G Information on networking events addressing industry and professional
 G Senior Commercial roles
                                                                      based topics
Why become an interim manager?                                                  Checklist for new interims
The decision to become a professional interim is not one reached lightly, or    G Talk to an experienced interim in a similar field
without a great deal of thought and research. It can mean trading off           G Visit PiR Resourcing’s Links page www.pir-resourcing.com for advice
financial security and corporate employment but for what is often one of          on providers
the most rewarding periods of your working life. The feedback from our          G Set up a limited company
interims shows that once the decision has been made, you rarely look back       G Find a good accountant
– except to ask why you didn’t do it earlier!                                   G Register for VAT (dependent on anticipated revenue level)
                                                                                G Put professional indemnity insurance (PII) in place (£1m is
The alignment of work/life balance, and the overriding feeling of                 recommended)
achievement and ‘job well done’, are often the key reasons given by             G Keep your network current – using networking tools such as LinkedIn
professional interims for leaving behind the security of that regular,          G Review and join selected specialist networking and business groups
monthly pay cheque and benefits package.                                          e.g. IIM, IMDC, One Nucleus, OBN, BIA
                                                                                G You may wish to consider IIM Membership www.iim.org.uk, a fully
Being in a position to become an interim manager will often depend on             independent professional Institute and incorporated as a not-for-profit
personal circumstances, including your current risk/financial profile (e.g.       organisation limited by guarantee
mortgage or children’s educational commitments), your personality type,         G Consider attending an Interim Management Workshop
enjoyment of corporate life, as well as your attitude towards work/life           www.interim-hub.com
balance.

Being an interim allows you to opt out of employed life, leave behind the
politics and corporate shackles for the variety, freedom and flexibility that




                                                                                “
can exist in a portfolio career. However, financial robustness is often
essential and needs to be carefully evaluated against the ‘feast and famine’
nature of being an interim.
                                                                                     What our clients say about us:
Most experienced interims will confirm that they often work much harder
than they did whilst employed and that their clients can be very                     "We have been astounded at the speed and effectiveness with
demanding. Despite this, in most cases it would take an exceptional                  which you have found candidates - very impressive. Our CEO
permanent opportunity to persuade them to give this up.                              talked to several well known agencies looking for a similar
                                                                                     interim role late last year and they didn't come up with one
In more recent times there is no doubt the market has become tougher for             name. We certainly value your efforts..."
many interim managers and providers. This is driven by the supply/demand             CFO, VC Backed Biotech
curve. The greater number of candidates on the market, and different
channels to access them, has given clients increased choice during a time            "It's been an absolute pleasure, as always, to deal with PiR
when the number of opportunities has also reduced. This has resulted in              Resourcing, both at a professional and personal level. You get
some rates reducing reflecting market dynamics, requiring greater                    so much just right in your dealings with people. Always
flexibility from professional interims and providers. Clients are very aware         professional, always available to answer questions, always
that they are in the driving seat and, given the choice, are able to achieve         providing clear instructions /directions and closing the feedback
close to a 95% match against their requirements. Another trend, driven by            loop. (You) Take care and thought with matching candidate to
clients, is the growth in the transition from interim to permanent roles             client, with a fantastic understanding of the demands of the
which, once again, creates alternatives in a less than certain climate.              role and the sector. I think one of your key strengths is your
                                                                                     'narrow' focus, from the perspective of the target market and



“
                                                                                     the interim candidates. From a client perspective, the fact that
                                                                                     your team is very likely to know the candidates being put
   What our interim managers say about us:                                           forward for roles is a significant advantage."
   “A completely professional, engaging & efficient team. A joy to                   Vice President Human Resources, Speciality Pharma
   work with. I've had the pleasure of working with Carolyn, Nicola &
   Sally this year, and they continue to deliver high quality client
   assignments, which reflects their hard work and the quality of their
   relationship network - simply brilliant!”
   Interim Sales Manager
                                                                                                                                                         ”
                                                                         ”
                                                                     PiR Limited, Registered office: 14B Raleigh House, Compass Point Business Park,
                                                                     St Ives, Cambridgeshire, PE27 5JL, UK
                                                                     Telephone: 0844 8804340 Outside the UK: 00 44 1480 499580
                                                                     Email: resourcing@pir-resourcing.com www.pir-resourcing.com
                                                                     Company Registration: 02802507 Registered in England and Wales

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Candidate Introduction 2012

  • 1. Interim Managers Introduction to PiR Resourcing’s Interim Management Services Are you currently an PiR Resourcing have well developed client relationships and a brand that is synonymous with delivery and quality across a accomplished interim range of services. In our experience, when an unexpected or manager specialising in the critical organisational gap arises, parachuting in an life science sector? experienced interim manager will ensure strategic and operational goals are met. Are you considering launching your interim career? The business situations where an interim can add value are many; gap management, headcount freeze, business If you answer ‘yes’ to either of turnaround, holding the fort whilst a permanent solution is these questions, then identified are a few examples. PiR Resourcing can advise and assist PiR Resourcing’s Interim Management Service works with some of the most highly-regarded professional interims in the you - whether you are life science sector. Our aim is to provide clients with an experienced interim adaptable, senior level expertise, at short notice, within an manager or exploring this agreed budget, whilst ensuring business goals remain on track. as a new career option. Our exclusive focus on the life science sector means we understand the key issues and needs of both our candidates and clients. The benefits of becoming an interim with PiR Resourcing: G Approachable and supportive in our advice and counsel PiR Resourcing operate across a range of G Sector/industry knowledge and contacts functional roles including: G Rate negotiations handled by PiR Resourcing G Advice on current rates, taking into account market fluctuations G Medical including Physicians, Medical Affairs, Medical G Back office/admin support including setting up relevant, robust contracts Science Liaison, R&D, Drug Safety and Pharmacovigilance G Regulatory Affairs and timely payment of invoices G Receive regular job alerts by signing up via our website G Programme/Project Management www.pir-resourcing.com G Manufacturing/Operations including Supply Chain and G Support throughout the lifecycle of an assignment Quality Assurance G A personal client testimonial following the successful conclusion of an G Product and Brand Management assignment G Pricing & Market Access G Networking and sharing market intelligence G Health Economics & Outcomes Research (HEOR) G Access to expert associates - including financial and legal specialists G Information on networking events addressing industry and professional G Senior Commercial roles based topics
  • 2. Why become an interim manager? Checklist for new interims The decision to become a professional interim is not one reached lightly, or G Talk to an experienced interim in a similar field without a great deal of thought and research. It can mean trading off G Visit PiR Resourcing’s Links page www.pir-resourcing.com for advice financial security and corporate employment but for what is often one of on providers the most rewarding periods of your working life. The feedback from our G Set up a limited company interims shows that once the decision has been made, you rarely look back G Find a good accountant – except to ask why you didn’t do it earlier! G Register for VAT (dependent on anticipated revenue level) G Put professional indemnity insurance (PII) in place (£1m is The alignment of work/life balance, and the overriding feeling of recommended) achievement and ‘job well done’, are often the key reasons given by G Keep your network current – using networking tools such as LinkedIn professional interims for leaving behind the security of that regular, G Review and join selected specialist networking and business groups monthly pay cheque and benefits package. e.g. IIM, IMDC, One Nucleus, OBN, BIA G You may wish to consider IIM Membership www.iim.org.uk, a fully Being in a position to become an interim manager will often depend on independent professional Institute and incorporated as a not-for-profit personal circumstances, including your current risk/financial profile (e.g. organisation limited by guarantee mortgage or children’s educational commitments), your personality type, G Consider attending an Interim Management Workshop enjoyment of corporate life, as well as your attitude towards work/life www.interim-hub.com balance. Being an interim allows you to opt out of employed life, leave behind the politics and corporate shackles for the variety, freedom and flexibility that “ can exist in a portfolio career. However, financial robustness is often essential and needs to be carefully evaluated against the ‘feast and famine’ nature of being an interim. What our clients say about us: Most experienced interims will confirm that they often work much harder than they did whilst employed and that their clients can be very "We have been astounded at the speed and effectiveness with demanding. Despite this, in most cases it would take an exceptional which you have found candidates - very impressive. Our CEO permanent opportunity to persuade them to give this up. talked to several well known agencies looking for a similar interim role late last year and they didn't come up with one In more recent times there is no doubt the market has become tougher for name. We certainly value your efforts..." many interim managers and providers. This is driven by the supply/demand CFO, VC Backed Biotech curve. The greater number of candidates on the market, and different channels to access them, has given clients increased choice during a time "It's been an absolute pleasure, as always, to deal with PiR when the number of opportunities has also reduced. This has resulted in Resourcing, both at a professional and personal level. You get some rates reducing reflecting market dynamics, requiring greater so much just right in your dealings with people. Always flexibility from professional interims and providers. Clients are very aware professional, always available to answer questions, always that they are in the driving seat and, given the choice, are able to achieve providing clear instructions /directions and closing the feedback close to a 95% match against their requirements. Another trend, driven by loop. (You) Take care and thought with matching candidate to clients, is the growth in the transition from interim to permanent roles client, with a fantastic understanding of the demands of the which, once again, creates alternatives in a less than certain climate. role and the sector. I think one of your key strengths is your 'narrow' focus, from the perspective of the target market and “ the interim candidates. From a client perspective, the fact that your team is very likely to know the candidates being put What our interim managers say about us: forward for roles is a significant advantage." “A completely professional, engaging & efficient team. A joy to Vice President Human Resources, Speciality Pharma work with. I've had the pleasure of working with Carolyn, Nicola & Sally this year, and they continue to deliver high quality client assignments, which reflects their hard work and the quality of their relationship network - simply brilliant!” Interim Sales Manager ” ” PiR Limited, Registered office: 14B Raleigh House, Compass Point Business Park, St Ives, Cambridgeshire, PE27 5JL, UK Telephone: 0844 8804340 Outside the UK: 00 44 1480 499580 Email: resourcing@pir-resourcing.com www.pir-resourcing.com Company Registration: 02802507 Registered in England and Wales