Promotions Are Usually Based On...

If we’re going to have any real shot at avoiding the cost of a poor promotion, recognizing the right candidate to promote isn’t just a nice idea; it’s something we have to do effectively time after time. Not only will that help capture so much of the profitability that’s far too often lost in the process, but it will serve as a foundation for building the kind of succession plan our organizations need to thrive moving forward!

As we talk with business owners and executives in every industry we serve, Cindy and I are sure to ask about the most significant issues they’re facing with the people they have in leadership roles. And to a person, we hear almost the exact words every time! It goes like this:

“Our industry is really different. We have amazing people who were really great at what they did, so we promoted them. Once they were in supervisor (or manager) roles, they struggled to get the same results from their teams as they could get when they were doing the job themselves. And we haven’t been able to do anything to change that.”

Okay, so the words do vary slightly—but only a little! Regardless of the industry, promotions at work are usually based on mastering the skill set required, a strong work ethic, and a history of being someone the organization has been able to count on. I don’t think there’s anything wrong with that! Each of those things most certainly deserves to be recognized and rewarded. But they don’t necessarily translate directly to determining whether someone can jump in and lead.

Each of those things individually—dependability, work ethic, and technical skills—offer value to our teams. When all three are strong in the same person, coupled with a positive attitude and commitment to the organization, we need to do all we can to ensure that person is part of the team over the long haul! Traditionally, though, the most common (and sometimes only) opportunity for these folks to grow internally has been to move into a supervisory or management role, whether that was something they were genuinely interested in or not. And all too often, that’s led to comments like I just referenced from owners and executives.

If we build a succession plan that utilizes all the strengths our team members have to offer, an effective internal promotion process plays a critical role. However, we need to be sure every (traditional) promotion is based on the proper measurements. While those three skills are essential, we’ll need to focus just as much on those skills historically deemed soft and intangible to realize the most value from that promotion. But that’s not the only way our best team members should be able to advance internally. Hence, the other thing we need to consider is how we can provide opportunities for everyone—even if there’s no desire whatsoever to lead a team…

For more on this, you're welcome to reach out to us directly at [email protected] to get a 45 Day Trial Access to our COMPLETE Leading At The Next Level program or you can check out Wes's recently released book, What's KILLING Your Profitability? (It ALL Boils Down to Leadership!) that was a #1 Best Seller on Amazon!