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To Promote Within or Hire Externally, That is the Question

To Promote Within or Hire Externally, That is the Question

FromLead with Culture


To Promote Within or Hire Externally, That is the Question

FromLead with Culture

ratings:
Length:
20 minutes
Released:
Oct 24, 2023
Format:
Podcast episode

Description

“You have to be constantly growing your people. On the other hand, you have to make decisions that are based on the mission and in some ways be people blind.”A tough question leaders often grapple with is whether to promote someone within their organization or hire external talent when a role opens up. The answer affects the business’s operation and culture, so there’s a lot hanging in the balance.In this episode, Tony Ferraro, Senior Executive Coach at Floyd Consulting, guides you through how to arrive at an ideal answer to this nuanced question. Listen in to learn key leadership tips to help you manage significant organizational changes confidently.In this episode, you’ll learn:If you answer enough small questions, the answer to your big question will present itselfThere’s a difference between being good at your position and being ready for a leadership positionPeople leaving their roles is a chance to revisit how their position fits into the business’s larger missionThings to listen for:[02:30] Understanding how a role fits your mission[04:22] Why you should ignore the org chart[08:08] The importance of topgrading[10:06] Overcoming the biggest mistake in hiring[13:19] Training team members to become leadersResources:Floyd CoachingThe Culture AssessmentMatthew Kelly’s BooksFloyd Coaching’s BlogConnect with the Guest:Tony Ferraro’s LinkedInConnect with the Host & Floyd Coaching:Kate Volman’s LinkedInFloyd Coaching on LinkedInFloyd Consulting on FacebookFloyd Consulting on TwitterFloyd Consulting on YouTubeFloyd Consulting on Instagram
Released:
Oct 24, 2023
Format:
Podcast episode

Titles in the series (69)

A company can only become the best version of itself to the extent that its people are becoming better versions of themselves. What’s the key to making that happen? Building dynamic cultures so people love coming to work and accomplishing great things together. Hosted by Kate Volman, CEO of Floyd Coaching, Lead with Culture is a show dedicated to exploring how great leaders create workplaces where people can thrive both personally and professionally. Conversations are inspired by Matthew Kelly's bestselling books The Dream Manager, The Culture Solution, and Off Balance. Guests include incredible leaders as well as Floyd executive coaches sharing stories and providing insights into real strategies used to attract and retain great talent, execute effectively, become better coaches, build teams and grow businesses. Whether you're a CEO, HR executive, manager, or simply part of a team, this show will help you become a better leader.