Will my new manager be an external hire?
4
32
100
resolved Sep 8
Resolved
NO

I work as a team leader in a fintech company with 20k+ employees. My team is a mixture of finance SMEs and data analysts working on a significant amount of legacy issues. My manager has moved to another team and the company is sourcing a replacement. I am unsure if this will be someone from within the company or not. Do you think my new manager will come from an internal application or external?

I have no transparency on candidates in the pipeline but AMA and I can give any information I have in the comments.

Updates from comments:

Advantages of external:

  • wider pool of talent to chose from

  • brings in fresh ideas from prior work experience

  • larger external network

Disadvantages of external:

  • slower ramp up time

  • less internal network

  • more difficult to establish credibility

Currently most other managers in this company grew up within the firm.

Close date updated to 2022-09-08 5:38 pm

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Context not sufficient, what are the advantages of external vs internal

@Hendrik What are the historical numbers for the company of external vs internal for that position/level/in general

bought Ṁ5 of NO

@Hendrik here are a few considerations I can imagine off the top of my head

Advantages of external:

  • wider pool of talent to chose from

  • brings in fresh ideas from prior work experience

  • larger external network

Disadvantages of external:

  • slower ramp up time

  • less internal network

  • more difficult to establish credibility

predicted NO

@Hendrik I have no transparency on historical numbers either

predicted NO

@anon471957205719 Currently most other managers in this company grew up within the firm