A Study of Hospitals Found That Outsider CEOs Make Their Organizations More Productive in the Long Run
Harvard Business
MAY 8, 2018
Inside candidates, often groomed by their predecessors, bring firm-, market-, and industry-specific knowledge that outsiders might take years to acquire. Prior studies have two common methodological limitations. But if a new CEO must be found, then recruiters may want to look outside rather than in. Both have advantages.
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