Final answer:
External hiring for key management roles may be ideal in turnaround situations, when old strategies fail, or in worst-case scenarios to foster innovation and solve entrenched problems.
Step-by-step explanation:
It is ideal for key management slots to be filled from outside the organization in certain circumstances to bring fresh perspectives and drive change. Specifically:
- During turnaround and rapid-growth situations, external hires can provide the new skills and approaches needed to navigate significant change and foster innovation.
- When problems with the old strategy are obvious, a fresh set of eyes from outside can help identify and implement new strategies effectively.
- In a worst-case scenario, sometimes referred to as a "break glass in case of emergency" situation, external hires may be needed to radically reform or rescue an organization.
Approaching problems with a flexible approach is also essential in today's fast-paced and complex business environment to ensure adaptability and sustainability.