What is Gap Management
Companies use gap management in order to bridge critical or unexpected staffing gaps where a permanent manager cannot be found fast enough. Companies resort to gap management as a contingency plan for the occurrence of any of the four D’s (Death, Departure, Disability or Disagreement), when the company needs a senior position filled fast in order not to lose money just by being in business. Traditional search firms can take six months or more to fill a sudden vacancy at senior level and this means a lot of potential losses for the company both monetary and in reputation.