The rent-a-manager reality
Even PMEs are offering their services in the gig economy, in a new trend known as transition management
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
