How do you know an employee is ready for a promotion?
If your business is going to grow, you’re going to need to promote people to more responsibility.
For some business owners this is a tough decision.
How will you know they’re ready? How long will it take them to get up to speed in their new role? What happens if you’re wrong about them?
All of these questions can keep even the most hardened entrepreneur up at night.
When we advise small business owners on this, we focus on five key things:
- The employees track record to date
- How the employee feels about the new opportunity ...