Leadership Caffeine
JUN 26, 2012 8:10am ET

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Should You Hire Outside Your Industry?

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It’s often politically unpopular and seemingly risky to hire for a key role outside of the boundaries of your firm’s industry. It also might be just the right thing to infuse your team or organization with fresh perspectives and new ideas.

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Comments (1)
Every single one of the benefits you list is NOT best handled by a new hire, these are best handled by senior management defense against myopic thinking -> senior management challenge the status quo -> senior management creative approaches, problem solving -> senior management In fact if senior leadership team, are not taking an active role in addressing these topics, hiring some new person will not change anything. The downsides you missed ... hiring from the outside impedes the promotion ladder and alienates the loyal folks in the trenches doing the work. Injecting less-than-competent mid or senior folks into a system is not exactly a great idea.
Posted by hubbert s | Wednesday, June 27 2012 at 5:52PM ET
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