The rent-a-manager reality
Even PMEs are offering their services in the gig economy, in a new trend known as transition management
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WHEN we think about freelancers, it is usually the GrabCar driver, the Foodpanda deliveryman or the creative designer that comes to mind. But increasingly, more professionals, managers and executives (PMEs) - be it by choice or by necessity - are taking the leap to offer their services on demand.
Enter transition managers, who are "rented" out to companies during a time of need, for example to help them tide over a crisis or to roll out a restructuring programme. These highly skilled managers lend their specific expertise to work as part of the company for a particular period and then move on, just like every other freelancer out there.
It is one of the latest developments in the gig economy, a trend where full-time employees are replaced by independent contract workers, thanks to technology disruptions and dismal economic conditions.
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