How To Internally Promote The RIGHT Way (EP 59)

Do you have someone in your team who is a rockstar and you keep going back and forth on if you should promote them to a leadership position or not? Weighing the pros and cons while also secretly worrying that you might be promoting a high-performing team member to their detriment?Well, you aren’t alone and this is the very subject. We’re going to dive into it today. Welcome back to The Biz Doctor Podcast, with your host Lauren Goldstein.Today we’ll talk about how you can internally promote someone the right way to ensure more success, team harmony, and effectiveness. Key takeaways: This is the three-part question you ask anyone before I even consider promoting them into leadership. Spoiler, if they answer no to any part, they get to stay where they are for the time being.Don’t make their job security a factor if they say no. Allow them to accept or reject the promotion without fear.Have them go through a set interview process, similar to if they were an outside applicant to make sure they really are the one for the role.CTAs/ResourcesLooking for support with creating a high performing team that is the perfect fit for you? Let's connect! We are here to support you getting out from under your business with the best team and operations to support you. https://www.goldenkeypartnership.com/-------------------------If you enjoyed this episode and it sparked something in you, please give us a 5 Star rating/review and share this with your friends and fellow business owners. Also, don’t forget to subscribe so you are the first to get notified when our next episode is live and ready for your ears.-------------------------Meet your host. Lauren Goldstein is founder and CEO of the award-winning and globally-recognized business consulting firm, Golden Key Partnership. Her clients lovingly call her “The Biz Doctor” (which also happens to be the way this podcast got its name). Her superpower is helping 7-figure service-based entrepreneurs uncover what is keeping them stuck in the trenches of their business, so that they can have more freedom, profitability, impact, success, happier teams, and can breathe a much needed sigh of relief.She’s been featured in Thrive Global, Huff Post, Authority Magazine and is a trusted expert to fortune 500 companies like Apple, Nike, and AT&T, among others.For more from Lauren, and to learn more about her signature diagnostic framework or how she helps business owners get out from under her business tune visit her website https://www.GoldenKeyPartnership.comYou can also connect with her on instagram (www.instagram.com/itslaurengoldstein) or LinkedIn (www.linkedin.com/in/laurenegoldstein)The Biz Doctor Podcast is produced by Story Studio Network. www.storystudionetwork.com/