Steve Jobs - Courtesy Flickr
There have been many quality posts around the Internet talking about what is better alternate for a Company to make progress during organization's life-cycle. Selection of CEO is the crucial process to make sure company's progress and direction are on the right track.
I believe it's up to the board of Company to decide based on hundreds of complex criteria whether to promote a CEO from internal staff or to hire a new one.
I am not in the management branch but have been experiencing some of such situations closely these days and I believe there are pros and cons in both the cases and which I can sum up in following points. These thoughts are completely based on my experience and could be wrong in certain criteria. Read the rest of this entry »
