“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:

1. If you answer enough small questions, the answer to your big question will present itself
2. There’s a difference between being good at your position and being ready for a leadership position
3. People leaving their roles is a chance to revisit how their position fits into the business’s larger mission

Things 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 leaders

Resources:

• Floyd Coaching
• The Culture Assessment
• Matthew Kelly’s Books
• Floyd Coaching’s Blog

Connect with the Guest:

• Tony Ferraro’s LinkedIn

Connect with the Host & Floyd Coaching:

• Kate Volman’s LinkedIn
• Floyd Coaching on LinkedIn
• Floyd Consulting on Facebook
• Floyd Consulting on Twitter
• Floyd Consulting on YouTube
• Floyd Consulting on Instagram