Who knew that hiring realities and a trip to my home state of Oregon would intersect.
But they did.
You know the deal. You’ve got a candidate or two from inside the firm to consider and candidates from outside that are in the vetting / interview hopper for the job.
You end up – surprise surprise – hiring the outsider. Only later do you come across the statistic from the Center for Creative Leadership that approximately 66% of senior execs hired from the outside fail within 18 months and that the overall failure rate for external hires within 3 years is 40%.… Read the rest