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Bring strategic rigor to your internship program

August 17, 2010View for printing

Great hiring isn’t an instant process, and many companies would benefit from developing more-structured internship programs, in which success and proof of a good fit are measured over time. For a model of this approach, look to the top consulting firms of the world. Bain, McKinsey and BCG tap only the brightest, most highly accomplished, perfectly polished college and graduate program candidates to interview with their respective companies. Then, only the very best of those best are offered summer internships and positions after graduation.

With a new academic year approaching, now is a good time for companies large and small to carefully consider more strategic internship policies. Here are five suggestions that can help.

By Mary Ellen Slayter

This guest post is by Baron C. Hanson, principal and lead consultant of RedBaron Consulting LLC, a strategy and turnaround management firm based in Charleston, S.C. Follow RedBaron Consulting on Twitter at @redbaronUSA.

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