individual divisions and Strategic Business Units

/in /by

ITW(Illinois Tool Works) places a lot of faith in its employees by promoting from within. The CEOs have all risen through the ranks, and ITW is able to attract young talent by promising rapid promotions to leadership positions within individual divisions and Strategic Business Units (SBUs). What type of manager is most likely to get promoted, and why?

5. Historically, ITW has relied on acquisitions to gain access to innovations, but today the firm is turning inward, expecting innovations to come from existing divisions. What needs to happen with ITW’s culture and management style to facilitate internal innovation?