Leadership
Hire externally or promote internally? In a labor shortage, the answer is clearIt’s no secret that for many job roles, there’s an acute shortage of talent, right alongside high unemployment. Most companies across the US, Canada, Europe, parts of Asia, and even China have struggled against hiring shortfalls in specific sectors. And it’s not just front-line workers, nor is it limited to a Great Resignation of disaffected millennials—this year, up and down the talent market, overall demand exceeds supply across all demographics and sectors.
Updated July 20, 20224 min read