
Within every business lies a network of people who are working to make their employer successful. Because growing business requires more employees, employers need to seek prospective candidates who will align well with their business. Some businesses prefer to promote employees internally; and it can be very beneficial for their company. Keep in mind of three ways a business might want to hire internally. These reasons not only help with the growth of the business but enhance leadership development with their employees.
Strategy- Hiring new employees is needed and inevitable within a growing business. However, most employers strategize and hire internally for upper-level management positions. Within a growing business, hiring new employees will be inevitable, this strategy, to hire candidates internally, saves time, money, and resources that would otherwise be used to train management employees. Upper-level management positions may require some training, but an internal employee will already have exposure and working knowledge of the company and their position. Their natural leadership development will prosper as they begin to train and educate new employees of the business.
Culture- Every business exhibits a work culture that employees are accustomed to. When you promote internally, you are hiring people who are already familiar with that work culture and leadership development is enhanced when employees carry on the traditions of a company. When an internal employee is promoted, they are often influenced by the leadership of their predecessor; and if they wish to follow their predecessor, many of the same traditions will be maintained. For example, if a predecessor hosted a Friday luncheon for all employees, the successor might wish to section off that day for their employees to continue the tradition. This provides other employees a sense of continuity. A promoted employee will take on the reigns of their new position, and lead often employees with a continued, valued work culture.
Future vision and goals- A job or career is a significant part of one's life, spending a full-time work load each week, and establishing relationships with work associates. With leadership development, the long-term employee develops a strong relationship with their employer. They understand and are willing to help accomplish the goals of the company. Out of loyalty, they promote the vision and goals of the company to others especially new hires.
Hiring from within or hiring new faces has various benefits. Hiring external candidates for upper-level management positions will provide a business with fresh ideas. Yet, as mentioned before, hiring candidates internally will save time and resources. To develop employees within your own business, prepare them for promotion and help improve their leadership development so that they can become a continuing asset to your business.
Stephanie Tuia specializes in internet marketing for CMOE.
CMOE has helped thousands of participants around the world with their leadership development. For more information, contact one of our team members by calling (888) 962-6224.
AP - President-elect Barack Obama's proposed tax cuts ran into opposition Thursday from senators in his own party who said they wouldn't do much to stimulate the economy or create jobs. Senators from both parties agreed that Congress should do something to stimulate the economy. But Democratic senators emerging from a private meeting of the Senate Finance Committee criticized business and individual tax cuts in Obama's stimulus plan.
AP - The U.N. Security Council called for an "immediate" and "durable" cease-fire in Gaza in a resolution Thursday night even as fighting between Israel and Hamas raged with early morning airstrikes killing seven Palestinians and pushing the death toll to about 760 in the near two-week conflict.
AP - A key panel unanimously recommended impeachment for Gov. Rod Blagojevich on Thursday, setting up a vote that could make him the first governor to face such fate in Illinois' sordid political history. Blagojevich should lose his job for abusing power, mismanaging government and committing possible criminal acts, including federal allegations he tried to sell off a U.S. Senate seat, the special committee concluded.
AP - Tim Tebow gave Florida the jolt it needed, and the Gators toughed out a second BCS title in three years.
AP - Trying to survive a deepening recession, employers are cutting their work forces to the bone, leaving more Americans unemployed and with dim prospects of finding a new job any time soon.
AP - Less than a month after its first report, a congressional panel overseeing the Treasury Department's $700 billion financial bailout is demanding more answers.
AP - U.S. policy to win in Afghanistan must recognize the poor nation's limitations and its neighborhood, especially its intertwined relationship with U.S. terrorism-fighting ally Pakistan, the top U.S. military commander in the region said Thursday.
AP - Vice President Dick Cheney said Thursday that he sees no reason for President George W. Bush to pre-emptively pardon anyone at the CIA involved in harsh interrogations of suspected terrorists. "I don't have any reason to believe that anybody in the agency did anything illegal," he said.
AP - Prosecutors said Thursday that investigators found 100 signed checks worth $173 million in Bernard Madoff's office desk that he was ready to send out to his closest family and friends at the time of his arrest last month in what is alleged to be largest financial fraud in history.
Reuters - The U.N. Security Council called for an immediate ceasefire in the Gaza Strip but Israeli warplanes launched intermittent attacks on Friday.
Reuters - President-elect Barack Obama warned on Thursday the U.S. economy could stay mired in recession for years without bold action and he urged lawmakers to work day and night to pass a massive stimulus plan.
Reuters - Financial giant Citigroup Inc will support a proposal in Congress to rewrite U.S. bankruptcy law to help troubled mortgage borrowers avoid foreclosure, Chief Executive Vikram Pandit said on Thursday.
Reuters - A legislative committee on Thursday recommended the impeachment of Illinois Gov. Rod Blagojevich, citing widespread abuse of power including allegations he tried to sell the U.S. Senate seat vacated by President-elect Barack Obama.
Reuters - Al Qaeda's operations chief in Pakistan and a top aide are believed to be dead, a U.S. counterterrorism official said on Thursday, in what appeared to be the latest results of a campaign targeting the militant group's leadership.
Reuters - President-elect Barack Obama named Tim Kaine as head of the Democratic Party on Thursday, rewarding an early supporter with a high-profile political post even as he continues to serve as Virginia governor.
Reuters - Europe on Friday looked for a swift restoration of gas supplies, after striking a deal with Moscow on monitoring gas shipments via Ukraine that have been halted by a rancorous pricing dispute with Kiev.
AFP - Israel was under intense pressure Friday to end its two-week-old offensive in the Gaza Strip after the UN Security Council called for an immediate ceasefire as the death toll from the war rose past 760.
AFP - Hopes for a quick resumption of Russian gas supplies to Europe were rising Friday after Russia agreed on the terms for the deployment of monitors in Ukraine.
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