Lead Your Team for Female Entrepreneurs

So, you’re thinking about promoting someone in your business. How do you know if it’s really time – if they’re really ready? CEOs need some kind of litmus test to use when they’re considering promoting someone. Here’s the test! What you’ll find in this episode: You should have a clear job description for this person’s…

Ep #122: How to Know If You Should Promote Them

So, you’re thinking about promoting someone in your business. How do you know if it’s really time – if they’re really ready? CEOs need some kind of litmus test to use when they’re considering promoting someone. Here’s the test!

What you’ll find in this episode:

  1. You should have a clear job description for this person’s current role – clear goals, and some sort of measurement process that you’re following to tell you if this person is performing well in their current job.
  2. Define the new role – a clear job description, the key objectives, and day-to-day responsibilities.
  3. Interview that person against the new job description.
  4. Have them do a project as a test.
  5. The final hurdle – they must have a track record of consistent success.
  6. Pay them based on the role they’re going into, not based on what they’re making now.
  7. Who you promote speaks volumes about who you are and what you value.

Featured on the Show and Other Notes:

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