THE VIEW FROM INDIA
PEOPLE | CEO SUCCESSION
THE VIEW FROM INDIA
Sanjay Shetty , Director of
Professional Search & Selection and Strategic Accounts for Randstad India discusses CEO hiring trends in India While CEO hiring in the west leans towards internal candidates , in India , external candidates are favoured with roughly 65-70 % of hires external and 25-30 % internal , according to Sanjay Shetty , Talent Partner at Randstad India , a leading HR services provider in the country .
However , more organisations in India are now investing in their internal career streaming and succession planning , he says .
Sanjay acknowledges there are disadvantages to hiring externally , and especially today . “ The gestation period has shortened , and the performance threshold is higher , so external candidates really have to hit the ground running , which can be challenging without the social connections and internal network .”
That said , external hires can bring new ideas , fresh perspectives , and no baggage – something many organisations are looking for in the post-pandemic era . “ The pandemic changed the way we work , from increased digitisation to changes in the supply processes to a workfrom-anywhere model , and organisations are looking for leaders who understand this and can get on board with the new world of work ,” says
READ MORE ONLINE
48 November 2022