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Apple is a good example of a company that uses its own internal funds to research, develop, and bring to market new products like the iPad, iPhone, and iPod.
Corporate Culture
The shared values, beliefs, attitudes, and behaviors that characterize members of an organization and define its nature.
Internal Candidates
Individuals within an organization who are considered for available positions or promotions.
Succession Planning
A strategic process for identifying and preparing suitable employees through mentorship and training to replace key players within an organization as they retire, leave, or move on to other opportunities.
HR Planning
The systematic process of forecasting both the future demand for and supply of employees, and the deployment of those individuals within an organization.
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