What are the advantages in hiring nearly half of a company’s managers from outside the organization? (Cisco has 40% external management recruits.) What are the advantages of promoting from within? (GE has 80% internal management recruits.) Which policy do you think is best and why? I think one of the most important advantages that managers from outside the company can bring is new ideas. It helps you acquire competitive intelligence about other firms. New hires can help you identify other potential candidates to “poach” from their firm. While promoting managers from within it increases staff effectiveness. Workers will be
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This note was uploaded on 03/27/2012 for the course ECO 2021 taught by Professor Lonam during the Spring '12 term at Valencia.