It depends on a lot of things like where the company is at in terms of growth and location. Hiring externally helps bring in new viewpoints that are sometimes not seen by those internationally. Internal hires are generally more used to how things are done because that is what they are comfortable with. External candidates will have experiences that are more relatable to future challenges because they have come from a place that has already delt with them and theoretically have a road map of how to navigate them.
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