I got promoted! Now what…
I got promoted ! Now what…
Business is many things. Achieving results is at the tippy top and an obvious goal of
any organization. The diversity in which companies fills their leadership ranks
varies from company to company. Some approach it externally, seeking successful
individuals who fit the role, responsibilities from outside companies using
assessments, interviews and data to drive their decisions. Others choose to build
their bench internally. Supporting a culture of performance-based requirements
combined with assessment of soft skills to move their employee up the company
ladder.
In either scenario, especially internally, many are faced with challenges.
Promotion to a leadership role based on past performance with gap in skills to actually lead people. A daunting challenge that some companies are not prepared for with systems, training, mentorship, coaching and leadership to advance the skills needed to be successful.
Sadly, others do not have a framework of support, and endure the struggles, and too
often failing this strong performer in their new role.
It’s a catch-22 scenario. The system of rewards for performance in growth and impact
to the bottom line of the company leading to promotions and leadership role is a
pretty good formula to elevate performance. Not a bad carrot. So how can a company
entice those aspiring ambitious performers and work on navigating the soft
skills, executive presence and fortitude of those who want to charge to the top.
Failure to have a performance-based system with leadership development can lead
to a lot of messy things. The top issues being the failure of that leader, and second the
shrapnel of that failure on those they lead. The combination can take a division – a
team back years in desired results.
Introduce executive and leadership coaching. The value of leadership development
coaching, employee engagement coaching and enhancing professional and
executive presence is monumental. Here lies the challenge. Time. Priorities. The
ability to isolate the development plans effectively.
The growing number of organizations that are reaping the rewards of a performance
based promotion system balanced with leadership coaching services is growing.
And so are their results.