They attribute the high failure rate of outside hires to several barriers to making a successful transition, notably the following: Executives from outside the company are not as familiar with the organizational structure and the existence of informal networks of information and communication. Outside hires are not familiar with the corporate culture and therefore have greater difficulty assimilating. New people are unknown to the organization and therefore do not have the same credibility as someone who is promoted from within. A long tradition of hiring from within makes it difficult for
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