It is a corporate axiom that when hiring executive talent, 60 percent should be promoted from within the organization, and 40 percent on-boarded from outside. This ratio provides a mix of institutional loyalty and experience and new approaches and viewpoints. At Kaiser Permanente, the National Organization realized that 65 percent of its executives were recruited externally, indicating that the organization was not focusing on leadership succession management and that it needed to build an internal pipeline of leaders.
- THE BEST PRACTICE INSTITUTE SIX-PHASE SYSTEM TO TALENT MANAGEMENT
- from Best Practices in Talent Management: How the World's Leading Corporations Manage, Develop, and Retain Top Talent
- Publisher: Pfeiffer
- Released: December 2009