Internal Promotion Quote by Ben Horowitz
““One good test for determining whether to go with outside experience versus internal promotion is to figure out whether you value inside knowledge or outside knowledge more for the position.””
About This Quote
Source Interview: Business Leadership Podcast, 2022
Choosing between external experience and internal promotion requires assessing which knowledge type better serves the role.
In simple terms: Decide based on whether outside or inside knowledge adds more value.
Prioritize the knowledge that aligns with role needs.
Themes
Mood
Type
When to use this quote
- team building
- leadership decisions
- skill assessment
Key Concepts
Questions to Reflect On
- What benefits does external experience bring?
- When should internal promotion be favored?
Overvaluing internal familiarity can limit fresh perspectives.