Opportunities for advancement: "Excel instead of excellence": Three factors determine who makes it to the top in German companies
Many companies always promote the same types of people and leave the workforce frustrated. Experts explain the key mechanisms - and what needs to change.
Three key factors determine who rises to the top in German firms: career progression, management versus leadership, and openness to change. Internal promotions are common, often resulting in a "Kaminkarriere" where individuals move up internally but lack exposure to alternative organizational structures or leadership concepts. This approach may not adequately prepare leaders for disruptive technologies, global crises, or rapid innovation.
External candidates and career changers are increasingly sought after to bring diverse perspectives and experience, fostering a more dynamic and innovative workforce.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
