Aufstiegschancen: „Excel statt Exzellenz“: Drei Faktoren entscheiden, wer es in deutschen Firmen nach ganz oben schafft

In German firms, rising up the ranks is often determined by three key factors: career progression, management versus leadership, and the influence of external talent. Career advancement, or "Kaminkarriere," is common in Germany, with many executives promoted internally through a series of promotions within the same company. However, this model may not be ideal, as those who rise through the ranks may lack exposure to alternative leadership styles or organizational concepts.

Management style, characterized by the focus on administration and control rather than inspiring and innovative leadership, is also a significant factor. Managers who prioritize process control and budget management often struggle to inspire change or encourage innovation. This approach, often referred to as "Excel statt Exzellenz" (emphasizing spreadsheets over excellence), stifles growth and can lead to stagnation.

Finally, the influence of external talent, such as private financiers like Blackstone or KKR, can impact internal promotions. These investors are known to favor external candidates over long-serving executives, as they bring fresh perspectives and ideas that can drive innovation and growth. To improve the situation, companies should reconsider their career paths, open up more opportunities for talent development, and consider external candidates for key positions. This shift could lead to increased diversity, experience, and innovation within German firms.