FAQs
- How long does an Interim Head of Product typically stay at a company?
- Similar to other interim roles such as Interim Chief Product Officer the duration for which an Interim Head of Product stays can vary widely. Generally, it ranges from 3 to 12 months, depending on the company’s needs. For example, they may stay until a permanent Head of Product is hired or until a specific product initiative is completed. The timeframe may be extended if strategic projects or unforeseen challenges arise that require continued leadership.
- What are the benefits of hiring an Interim Head of Product instead of rushing to fill a permanent role?
- Hiring an Interim Head of Product allows a company to maintain momentum and stability during a period of transition. This approach gives the company time to search for the best permanent candidate without sacrificing product quality or strategic initiatives. Additionally, interim leaders bring fresh perspectives and often have extensive experience across different industries, which can add unique value and drive innovation.
- How does an Interim Head of Product integrate quickly into an organisation?
- Interim Heads of Product are highly skilled at integrating swiftly into new teams and environments. They begin by conducting a thorough assessment of the current product landscape, engaging key stakeholders, and understanding the company’s culture and objectives. Their ability to adapt quickly and effectively is a hallmark of their role and they often come prepared with frameworks for rapid team alignment and execution.
- How does IR35 legislation impact hiring an Interim Head of Product in the UK?
- IR35 is a tax legislation affecting contractors, which can impact how an Interim Head of Product is engaged. If a contractor falls within IR35 rules, they may be treated as an employee for tax purposes, meaning the hiring company may need to handle tax and National Insurance contributions differently. Companies often seek legal or financial advice to ensure compliance and may adjust engagement terms based on whether the role is inside or outside IR35.