28 min listen
To Promote Within or Hire Externally, That is the Question
To Promote Within or Hire Externally, That is the Question
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)
Three Practical Exercises to Improve Your Leadership Today by Lead with Culture