The selection process can be daunting, stressful, and full of uncertainty for candidates at the best of times. But for internal candidates, there is more at stake. Much of what they will experience is linked to emotion i.e. sense of worth, risk, how peers will feel, what if they fail etc.
If unsuccessful, research shows, internal applicants will leave the company within 3 months.
This will be a big loss – internal applicants are often culturally sound high performers who have demonstrated potential. The subsequent cost of replacement is often high, time consuming, and not without risk.
The main reason for not succeeding is the perceived gap between what is required and what exists. This perception (which will influence any final decision) is held by line managers who will often look at the individual concerned through the lens of the role the applicant is in, rather than the future role.
Norman Broadbent plc (LON:NBB) is a leading Professional Services firm offering five interrelated Talent Acquisition & Advisory Services: Board & Leadership/Executive Search, Senior Interim Management, Research & Insight, Leadership Consulting & Assessment, and executive level Recruitment solutions.