And Little has admitted Warriors have received global interest for the post as the league season comes to an end.
"There is no fixed timeframe over the appointment because we don't want to rush into it and make the wrong decision," he said.
"Clearly there are decisions that are made easier if we get somebody in sooner and I would envisage us cutting down the huge list we have at the moment by the end of this week.
"The Board of Directors and people who are involved with rugby, who we will acquire the services of, will see us create a short list and then go through the interview process.
"We have had over 20 high quality applicants and, of that number, I am happy to say that eight or nine have got Premiership coaching experience, eight or nine have international experience.
"We have had some interest from the Championship and five or six others from outside the country, we also have a World Cup winner.
"It is an impressive list and they have all bought into what Sixways is all about and the project here," he added.
"We often use the term sleeping giant, but it has been used again by an agent today when he wanted to put a name on the list.
"A lot of people are prepared to drop what they are currently doing and maybe move halfway around the world to take on this project from the Championship and getting us back into the Guinness Premiership.
"We genuinely feel that relegation is a blip for us, we still stand by our goals and objective of where we want to be in five years time. We believe this could be the start of something very exciting."