Earlier this week, Twitter hired a new CEO
Like most companies these days, they promoted from within
If you’re out of the loop on the benefits of promoting from within, here’s a 90-second summary:
Like most companies these days, they promoted from within
If you’re out of the loop on the benefits of promoting from within, here’s a 90-second summary:
It's Effecient
Onboarding new managers hired internally is a much simpler process than a new manager unfamiliar with your organization's systems, culture, and expectations.
This means your team spends less time in limbo, wondering who their new boss will be.
Onboarding new managers hired internally is a much simpler process than a new manager unfamiliar with your organization's systems, culture, and expectations.
This means your team spends less time in limbo, wondering who their new boss will be.
Less Expensive
You can hire 4 internal candidates for the cost of 1 external candidate.
Internal candidates are also more likely to stay.
(If your Development and HR teams aren't working together, now is the time to start.)
You can hire 4 internal candidates for the cost of 1 external candidate.
Internal candidates are also more likely to stay.
(If your Development and HR teams aren't working together, now is the time to start.)
Improves Engagement
Watching colleagues move up can be inspiring and incentivize top performance.
Everyone in your organization will be more engaged if they have a manager invested in their long-term success.
Make this a priority.
Watching colleagues move up can be inspiring and incentivize top performance.
Everyone in your organization will be more engaged if they have a manager invested in their long-term success.
Make this a priority.
Effective Recruiting Tool
Top performers want to work where they are developed and can grow.
People sharing their career success stories online will go a long way for your brand.
Top performers want to work where they are developed and can grow.
People sharing their career success stories online will go a long way for your brand.
Creates Loyalty
Hiring internally will sometimes mean giving someone an opportunity they would never have had otherwise.
This is a big deal and will lead to raving fans in your organization.
Hiring internally will sometimes mean giving someone an opportunity they would never have had otherwise.
This is a big deal and will lead to raving fans in your organization.
Hire Trustworthy Candidates
When you hire internally, you benefit from knowing the character and values of the person you are hiring.
This means avoiding toxic additions that can do years of damage to a culture.
When you hire internally, you benefit from knowing the character and values of the person you are hiring.
This means avoiding toxic additions that can do years of damage to a culture.
Encourages Internal Development
When people are given opportunities to stretch their skillset and use their strengths in new ways, they will be better prepared for potential promotions and perform better in their current role.
Again, make it a priority.
When people are given opportunities to stretch their skillset and use their strengths in new ways, they will be better prepared for potential promotions and perform better in their current role.
Again, make it a priority.
If this isn’t a focus for you yet, here is where I would start:
Connect your HR and Development team together to discuss current talent needs and skill gaps on the current leadership team.
Connect your HR and Development team together to discuss current talent needs and skill gaps on the current leadership team.
Want to talk about developing your current and future managers?
My DMs are open. Let's chat.
My DMs are open. Let's chat.
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