Lateral recruitment is the process of hiring a seasoned professional.
"Expert" for the job that needs to be filled. In some cases, it is a specialized hiring. The expert usually is from another organization which is recognized as the leader in the field whom it would be to your advantage to employ. When hiring laterally, much research needs to be done. Despite the challenges, hiring a seasoned professional and retaining that person for more than two years (a common industry average) can be done effectively. While much attention is paid to grooming, nurturing and integrating young hires, lateral hires are frequently left on their own to find their way despite the expectation that they will quickly become top revenue generators and performers.