News: Performance Management
More firms using internal management training 'to fill vacancies'
24 December 2008
Companies are increasingly drawing on internal talent and offering management training rather than searching for candidates outside of their firms, a recruitment consultant asserts.
Sally Toumi, the managing director of Stark Brooks, claims the traditional method of bringing outsiders into these roles has become less popular.
The development of existing employees, which could be undertaken through management training schemes, has begun to replace this, she states.
She continues: "A number of businesses now recognise that there isn't necessarily the right candidate externally and [the process] is about looking at who they have internally."
While acknowledging this policy's increasing popularity, she adds that the companies she believes are "savvy" have been employing this tactic for some time.
The result of this is what Ms Toumi calls a "culture of internal promotion", which she suggests marks out those firms which will grow to be most successful.
In a recent survey by GfK NOP, 81 per cent of those who believe they have an engaged manager do not intend to leave their present employer but, in contrast with this, 44 per cent of those who feel their boss is detached say they will leave the company as soon as the opportunity arises.
