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Business

Which Companies Promote Most From Within?

Source: https://www.reveliolabs.com/news/macro/which-companies-promote-most-from-within/

Every company faces a choice of where to source their management team: from within the company or from outside? The implications of this choice are enormous. Leaders that are groomed internally already know the business and can easily fit within the corporate culture. However, leaders from outside often come with more proven track records.

In the figure below we see how the share of senior employees who were internally promoted has evolved over time, showing a steep increase in the most recent periods.

Given that companies are moving towards promoting internally, we next look at which companies are leading in this trend. The figure below shows the companies with highest and lowest shares of internal promoted senior positions.

Key Takeaways:

  • The share of senior management that were promoted internally has been steadily rising in recent years.
  • Target, Caterpillar, and ExxonMobil have surprisingly high rates of internal mobility. As expected, the US AirForce is also among the highest.
  • Apple, Google, and AWS are among the top tech companies that are falling behind in promoting internally.

To learn more about the data behind this article and what Revelio Labs has to offer, visit https://www.reveliolabs.com/.

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ETR Research

ETR is a primary technology market research firm, capturing real-time evaluations and spending intentions from thousands of enterprise-leading technologists.

For almost 10 years, Global 2000 corporations have trusted ETR’s proprietary technology research to capture real-time market activity. ETR produces market research through standardized surveys and round table discussions, not analyst opinions – our data driven approach quantifies the narrative driving the technology landscape. Marketing, Investor Relations, Corporate Strategy and Corporate Venture Capital teams no longer need to rely on anecdotal evidence to make business decisions. Vendors covered in our surveys gain mindshare among global IT leadership & gain key insights into navigating their competitive landscapes.

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LET US HELP

Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.

DATA PROVIDER SPOTLIGHT

ETR Research

ETR is a primary technology market research firm, capturing real-time evaluations and spending intentions from thousands of enterprise-leading technologists.

For almost 10 years, Global 2000 corporations have trusted ETR’s proprietary technology research to capture real-time market activity. ETR produces market research through standardized surveys and round table discussions, not analyst opinions – our data driven approach quantifies the narrative driving the technology landscape. Marketing, Investor Relations, Corporate Strategy and Corporate Venture Capital teams no longer need to rely on anecdotal evidence to make business decisions. Vendors covered in our surveys gain mindshare among global IT leadership & gain key insights into navigating their competitive landscapes.