A promotion can be a double-edged sword. You're given more responsibility and perhaps a raise, but probably also no additional support or training. Fortune offers a crash course on acing (i.e., not blowing) that promotion.Photo by channelship
Congratulations and our sympathies if you've been promoted. It's harder these days to land a promotion (Fortune cites research showing only 7% in the US did so last year), but at the same time, being promoted usually means it's "sink or swim". Only 10% of promoted managers in Fortune 500 companies received any coaching, 42% said they had no clear idea of what the new position entailed, and a third wish they hadn't been promoted.
To help you survive and make the most of this promotion, Fortune's Ask Annie column offers some tips from career coaches on what you should do in those first critical 100 days of the new position, for example:
- Identify a couple of positive changes that you can make immediately
- Solicit ideas from your team members on other ways to meet your organisation's targets
- Get concrete goals and priorities from your higher-ups, and keep in touch with them via progress reports to make sure you're on track
Also, even if you're excited and ramping to go in your new position, make sure you pace yourself so you don't burn out.
Have a success story or cautionary tale about being promoted? Share your comments below.
Just got promoted? How not to blow it [Fortune]