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Can Hiring From Adjacent Sectors Pull Your Company Out of a Slump?

Posted By ivanpw 783 days ago on Business

http://www.smbceo.com - Your CEO retired. Your CTO was just poached by a competitor. Your CFO changed career paths. Whatever the situation, losing tenured management is never easy—and it’s even harder when you’re talking about the C-suite. Great leadership doesn’t grow on trees, and finding a replacement within your industry can amount to finding a needle in a haystack.

photo credit: Sora Shimazaki / Pexels
Upon losing an executive, many companies seek to fill the position as quickly as possible with someone who has industry tenure. They promote from within or seek to poach from a competitor. But in looking for a replacement with specific industry experience, companies limit the scope of their search.…
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