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The recent report from the Regional Observatory of BBVA Research has shed light on the economic outlook that Spain's autonomous communities will face in 2025. With an upward revision of the GDP, Spain is on track for solid growth, although not without challenges. In this context, companies must be prepared to seize growth opportunities and adapt to the new economic realities of each region.
Spain has seen a significant increase in the number of insolvency proceedings and dissolutions during the first half of 2024, particularly among small companies. Factors such as rising interest rates, difficulties in repaying ICO loans taken out during the pandemic, and reduced profit margins have pushed many businesses into complex financial situations. In this context, companies facing insolvency proceedings or restructuring needs are finding Interim Management to be an effective and strategic solution for tackling these challenges.
In the industrial sector, the ability to adapt and respond swiftly to change is crucial for sustaining a competitive advantage. This is where interim management becomes a powerful asset for driving business transformation. By leveraging this approach, companies can engage highly qualified executives and specialists on a temporary basis, bringing in the targeted expertise and skills required to navigate strategic and operational challenges.
Imagine this: your CFO has just announced his early retirement to go grow grapes in France. Or perhaps your company has just acquired another company and is navigating the turbulent waters of integration. In situations like these, where uncertainty feels thicker than a double espresso, interim management is not only useful, it's your corporate lifeline.
It is clear to no one that adaptability and informed strategic decision-making for our companies are crucial for long-term success. This is where the synergy between advisory boards and interim management stands out as an invaluable strategy, especially for CEOs or Boards of Directors looking to expand their managerial capacity and secure a sustainable competitive advantage.
We are pleased to announce that Servitalent has become a partner of Bioga, a cluster that represents and promotes the development of the biotech industry in Galicia.
Today, Interim Management has become a fundamental tool in the business world.
Its adaptability and efficiency in dealing with specific situations make Interim Management an indispensable strategic tool. Whether to temporarily assume a managerial role, face a crisis, manage a business restructuring or carry out a transformation project, Interim Management has become the ideal solution to overcome obstacles and achieve success effectively.
One of the main problems in the Spanish labor market is the hiring of workers over the age of 45, a phenomenon known as ageism, since many professionals who lose their jobs after that age find it very difficult to find another job.
Servitalent presents the English version of the new edition of the Interim Management Hiring Guide 2023.
For almost 10 years, Servitalent has focused on providing Interim Management services with the aim of promoting and disseminating this activity in Spain as a strategic tool that can help companies meet their leadership needs.
