Every company wants the best people to represent their brand, and this is why recruitment departments spend so much energy looking for the perfect person to join the team and head divisions.
However, while headhunting can work sometimes, it is not the only way to find the ideal employees to fill positions, and instead, consider looking within the company for your next perfect senior employee.
The Benefits of Promoting From Within
With these benefits in mind, it’s useful to understand how you can ensure your next big hire is ready for the task.
Sponsor Their Education
Learning new skills is a vital component of being prepared for success. As an existing employee, they will already know the ins and outs of the business. You can also consider offering more significant support by offering to sponsor their education to prepare them for the next stage in their career.
Your chosen employee can complete an MBA Degree Program online, which will give them all the information they need to excel in their new role. It saves you throwing them in at the deep end and gives you and your managers peace of mind that whoever takes over the role understands what’s expected of them.
Give Them More Responsibilities
During the education, you can also ease them into the new role by offering them more responsibilities around the office. You don’t need to give them your desk and jobs just yet, but you can start easing them into their new role by allowing them to engage more with clients, be a part of meetings, and even have a hand in building strategy.
Through these increased responsibilities and ongoing training, they will feel more comfortable when they eventually transition into a more senior role, making the process smooth, seamless, and more efficient. This saves time and energy in training and also allows everyone to get comfortable with the new position your promotee will take on.
Create a Mentor Program
Mentoring is another fantastic way to determine who will receive the next promotion your company offers. Instead of taking the time to study your existing employees, you can start training them from the moment they start at your business.
Entrepreneurs recognise like-minded people, and you can often work this out from their first few weeks at the company. A mentor program will allow them to encounter the realities of what the higher positions demand more readily and ensure that they and the business is prepared should you or someone on your level decides to move on.
The Right People Are Often Right Under Your Nose
It can be tempting to search far and wide for the best performer in your industry, but bringing someone in from the outside can come with bumps in the road.
They may not gel with the company, they may not be willing to adapt to the culture, and they may turn out to be in over their head. By promoting from within, you’ll find someone you know has what it takes to push your business to the next level.
