Chance Quote by Richard Branson
“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.”
About This Quote
Source Speech: Virgin Group Annual Meeting, 2018
He promotes internal promotion, believing it inspires staff and rewards passion.
In simple terms: Promote from within to motivate employees.
Reward internal talent.
Themes
Mood
Type
When to use this quote
- corporate training
- team building
- performance reviews
- succession planning
Key Concepts
Questions to Reflect On
- How can you balance internal and external talent?
- What criteria ensure fair promotion?
May limit fresh external ideas.