In the army, we do two things every day. We train our soldiers, and then we grow them into leaders, because frankly, we don't hire out. We grow our own leaders.
I really like it that they promote from within.
It's kind of a weird process being pitched by the company you're already with.
There is not a man in power at our Bethlehem steel works today who did not begin at the bottom and work his way up.
Any slots at the senior level, including CEO or other slots, will be filled internally.
I became a sales manager at Digital Equipment, promoted from within the sales team. My peers were less than excited that I had gotten the job, especially one of my male peers who said he just wasn't going to work for a woman.
We are a company that promotes 100% within the company.
In any organization men would move up form the bottom to the top. That develops loyalty, ambition and talent, because there is a chance for promotion.
Obviously, you have to know what you need now and what you will soon need, then hire or promote from within to meet those needs.
There is value in finding a combination of internal people, stretching them and seeing their potential, then marrying that with someone from the outside.
I like to take chances on people, and whenever possible, promote from within - it sends a great message to everyone in the company when someone demonstrates a passion for the job and leadership skills at every step along the way and is rewarded with a leadership role.
We've got a low turnover management group and executive group who've grown up in the business.
Just looking at Onex: We hire almost entirely at the most bottom level and bring them through a nine-year training program. We're probably 70/30 today not requiring an MBA.
I would prefer to grow with the team inside Nintendo rather than taking anyone from outside. It would be a joy for me if someone who was working with me became a big success.
You'd like to transition with continuity, have people in your own organization rise up and continue forward, whether in coaching or personnel or players.