Markets - Promotion Policy - Growth
5 important questions on Markets - Promotion Policy - Growth
What adjustments can be made to accommodate faster growth? What are the 5 strategies
- The firm can devote more attention and resources to its hiring process so a higher proportion of juniors can be promoted to managers
- Allows to maintain the same leverage
- More professional development programs, instead of learning-by-doing
- Senior lateral hires: bringing in experienced professional
- Alter the mix within projects (hire more juniors/less seniors) thus push billing multiple
- Push utilisation rate
What is the problem with having more professional development programs instead of learning by doing?
What is the downside of Senior lateral hires?
- Higher grades + faster learning
- Never study anything twice
- 100% sure, 100% understanding
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What is the downside of altering the mix within the projects?
What is the downside of pushing the utilisation rate?
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
