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Succession Planning: Internal Growth for Internal Employees

Internal growth is a positive process for existing employees. However, the candidate pool is more limited and does not always posses the necessary skills. Is it possible to spend money trying to recruit internally - only to be forced to then go outside at a higher cost? Should internal growth always be the first step to the hiring process? Why or why not?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M9278647

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