How to Avoid Overlooking Your Best Leadership Candidates

When it comes to finding your next generation of leaders, it pays to start by looking within your organization. The best candidates for executive and senior manager roles are often the ones that already know your organization, its culture, and its key goals and strategies. Internal promotion carries numerous benefits for organizations, from time and money savings to improved employee retention and engagement. 

In this article, we review cross-industry benchmarking data on the prevalence of internal promotion to leadership positions, explain why it’s important to track internal promotions, and provide guidance for how to think holistically about leadership promotion decisions.

This article was first published in partnership with Human Resource Executive. 

Click here to view the article on hrexecutive.com.