It is always a happy day when someone at the company is doing so well that we can give them more responsibility. We try to promote from within as much as we can, but you also have to realize that’s not always possible. You might require a skillset that doesn’t exist in your company currently.
Blumberg, Matt and Hanny Hindi. “Chapter Thirteen: Promoting.” Startup CEO: A Field Guide to Scaling up Your Business. Wiley, 2013. 119-124. Print.
Blank, Steve. “Job Titles That Can Sink Your Startup.” Blog post. SteveBlank.com, 13 September 2010.
Horowitz, Ben. “Titles and Promotions.” Blog post. Ben’s Blog. Andreesen Horowitz, 16 March 2011.
Bijan Sabet. “Getting Promoted Too Quickly.” Bijan Sabet blog. Blog post. December 19, 2011.
“Hiring and Management: How Smart Leaders Build Great Teams” Kauffman Founders School eBook.
Blumberg, Matt and Hanny Hindi. “Chapter Twelve: Compensation.” Startup CEO: A Field Guide to Scaling up Your Business. Wiley, 2013. 111-118. Print.
Questions for You
What is my company’s mindset around promotions?
What kind of checkpoints can I implement to avoid promoting people beyond their capabilities?
How do I set up my employees for success in management if that’s their career goal?
How can I promote people and develop roles without forcing people into management?
Tools and exercises
Cody, Steve. “6 Tips for Creating an Effective Management Training Program.” Inc.com Article. January 20, 2015.