Why didn’t I get that promotion?!?

Have you ever asked yourself that question?

Every one of us has, or will at some point in time, witness a colleague receiving a promotion for which it would seem we were just as suitable a candidate.

While we might wonder why this happened, the truly mature person at this point is happy for and congratulates their colleague for their accomplishment.

Too often people feel that when someone moves ahead of them it is because of “who they know” or even something as devious as “they must have pictures.” 🙂 While this may be the case in the rare / exception scenario it really is more likely that the person who was promoted was quite simply more qualified for the expanded role (and higher pay).

What?!?! Some might ask. I work just as hard as they do. And, I’ve been in the job much longer than they have.

Hardly an entitlement for a promotion…

To increase our pay via an expanded role we must increase our value so that it is commensurate with the role we seek.

I’m presently on break (in Puerto Rico) in the middle of a client engagement for which we are defining the core competencies that are required for each role and level within a particular organization.

To keep my mind “in gear” for this project I thought I’d dash out a quick blog-post on the topic.

At a high-level, there are 3 categories of core competencies that one must consider as they move up the corporate ladder, regardless of industry.

  1. Dealing with People
  2. Dealing with Business
  3. Dealing with Self

Now, let’s expand on (list out) the core competencies that one must be especially effective in, at each level of an organization. Some competencies need no further explanation, while others required a bit of commentary.

Here we go…

Individual Contributor

Individual contributor roles can have many levels, from the entry-level associate to lead individual contributor. And, to grow from that entry-level to lead role one must be increasingly effective at the following core competencies.

  • Customer Orientation – Internal/other department or external/paying customer
  • Oral and Written Communication
  • Being a Team Player – Putting the team / organization before self
  • Thoroughness and Completeness
  • Stress Management
  • Technical Acumen – MS Office, business systems, Internet, etc.
  • Diagnostic Information Gathering – The ability to tease information out of a situation to subsequently take the next appropriate steps
  • Analytical Thinking

Then, to rise to the level of lead individual contributor one must demonstrate the following:

  • Initiative – Doing the right things at the right times without being asked or told to do so.
  • Conceptual Thinking – The ability to find effective solutions by taking a holistic, abstract, or theoretical perspective.
  • Managing / Dealing with (the ONLY constant) Change
  • Self Confidence – Faith in one’s own ideas and capability to be successful; willingness to take an independent position in the face of opposition.
  • Interpersonal Awareness – Being aware of, in tune with and handling interpersonal interactions in ways that demonstrate empathy towards others.
  • Entrepreneurial Thinking – Constantly identifying ways and means to do things faster and/or more easily to increase profit (increase revenue and/or decrease cost).
  • Persuasive Communication – The ability to communicate via oral and written means in a way that makes an impact and persuades the intended audience.
  • Personal Credibility – Demonstrated concern that one be perceived as responsible, reliable, and trustworthy.

Team Lead to Manager

The biggest career leap anyone will make is from an individual contributor (managing only one’s self) to that of team lead, supervisor or manager (leading others). To continue moving up the ladder one must increasingly demonstrate the above, as well as show an aptitude for growing in the following areas:

  • Providing Motivational Support – Enhancing others’ commitment to their work.
  • Empowering Others – Conveying confidence when assigning complex / new duties, allowing employees freedom to decide how they will accomplish their tasks.
  • Developing Others – Thoughtfully delegating work and providing the necessary coaching to develop their capabilities.
  • Managing Performance – Taking responsibility for the team’s performance by setting clear goals and expectations, tracking progress, providing feedback and addressing performance problems promptly.
  • Attention to Communication – Ensuring information is passed on to others who should be kept informed.
  • Results Orientation – Focusing on the desired result of the team’s work, setting challenging goals, focusing attention on these goals and meeting or exceeding them.
  • Establishing Focus – Being able to develop and communicate the goals of the team or organization in support of the business’ mission.

Then, to be considered a higher-level leader a person must also demonstrate the following:

  • Decisiveness – The ability to make difficult decisions in a timely manner.
  • Influencing Others – The ability to influence others (gain support for projects, proposals, etc.) outside of their own unit (direct reports).
  • Building Collaborative Relationships – The ability to develop and strengthen partnerships with others inside and outside the organization who can provide information and assistance.
  • Forward Thinking – The ability to anticipate the implications and consequences of situations and taking appropriate action to be prepared for possible contingencies.

Senior Manager to VP

In addition to the above competencies, to be truly effective in the more senior roles in an organization one must demonstrate the following:

  • Strategic Thinking – The ability to analyze the organization’s competitive position by considering market and industry trends, existing and potential customers (internal and external), and strengths and weaknesses as compared to competitors.
  • Fostering Innovation – The ability to develop, sponsor, or support the introduction of new and improved methods, products, procedures, or technologies.

Some might say, “geez, it would seem many of these competencies could apply to most everyone (at every level) in the organization.” That is correct! However, to effectively manage career growth and development, it becomes important to focus on those areas that are most important at each level. Hence, the suggested progression of competencies outlined here.

So, if you ever find yourself asking the question “Why didn’t I get that promotion?” consider the above. And, feel free to politely and professionally ask your manager to provide feedback on any gap areas that you need to consider or competencies that you need to develop to be considered for the next opportunity. From there you can build a plan to grow in the required areas so you’ll be the top candidate for future opportunities.

I’d better stop now as the warm breeze is blowing sand onto the keyboard of my MacBook, as my wife and I sit on the beach…

The Moving Parking Lot

I do not miss the daily commute – especially during rush hour.

However, given the fact that I engage with clients, which involves onsite visits, I occasionally need to get on the dreaded moving parking lot.

Doing so recently, I recalled the fact that, early on in my career, when I was employed by Corporate America, I realized how much time I was wasting in traffic each day, when I could instead be producing…It was at this point that I consciously decided to do my morning commute prior to rush hour.

My particular logistics (home and work) required that I leave my house before 6am, to allow a commute at the speed limit (or better 😉 ), experiencing ZERO stop-and-go.

Not only did this save much time vs. waiting in traffic, it allowed me to get to work WAY BEFORE everyone else, thus getting an early start on my day prior to the many distractions that occur once co-workers are present.

Remember: Time is money. How much is your time worth?

Sitting in traffic, staring at a set of bright-red taillights, for ANY length of time is quite frankly, a complete waste! Not to mention the extra gas being burned doing the stop-and-go. And, of course, the time to deal with the occasional rear-ending we’ll receive from someone behind us who wasn’t paying attention.

To avoid the cost of wasted time and gain the benefits of an early arrival at work, all we need to do is get up a little earlier each day and do the commute before the highway turns into a parking lot.

If you’ve not already realized, the goal of this site is to reinforce (hammer on) the many little things that can contribute to a better life. Some may think that each individual item covered here is silly. They may be right (if each item were to be taken by itself).

The reality: there is NO silver bullet. Said another way, if you add up the SIGNIFICANT results that can be achieved by doing each and every one of the “little things” suggested, you can make a big / HUGE difference in your future.

Only YOU can create the future YOU desire. But, you must take charge and not follow the crowd (or a set of bright-red taillights).

4 Steps to Financial Freedom (For Everyone!)

Have you noticed that the news is often filled with economic doom and gloom?

Well, it just does NOT have to be this way for you and me – if we decide!

During my daily check-in to Yahoo! Finance I came across another great / short article that I thought was worthwhile sharing. It is: 4 Steps to Financial Freedom.

As stated in the beginning of the article:

The American Dream is endangered, doomed or already dead, depending on which economic pessimist you listen to. But prosperity remains very much in reach for people willing to revamp their expectations and adapt to the changing demands of an unruly but still-rewarding economy. ~ Rick Newman

In this article Rick Newman outlines 4 simple steps ordinary people can take to improve their future at a time when many of the old rules about success no longer apply.

In summary, those 4 steps are:

  1. Stay Mobile
  2. Know Your Vulnerabilities
  3. Under-consume and Overproduce
  4. Start Winning the Information War

While Rick covers these 4 points I’ll put some of my own spin on each. Here we go…

I grew up in a small mill-town in Maine, called Millinocket. You can imagine that upon moving there, as a child of 8, it was a challenge to learn how to spell that one 🙂

Even so, it was an absolutely GREAT place to grow up. I could literally walk, ride my bike or snowmobile down our street and, in less than 100 yards, enter the endless wilderness! We only got lost (really good) once, the potential topic of a future post.

I remember one day, as a teenager, my friends and I were loitering at our favorite hang-out spot (the rock at the beginning of the gravel pit road) talking about our future.

The typical dream of a mill-town boy was to get a job at the mill, straight out of high school, like everyone else. And, shortly after, you’d have a nice house, a 4×4 pickup, sports car, dirt bike, snowmobile, a camp on one of the many nearby lakes, and a boat. Who would NOT want that?!?

I wasn’t overly brilliant as a teenager (plenty of people can attest to that 🙂 ) but I did respond to my friends indicating that I was going to take a different route. Ultimately, “many” of them did as well…

Fast forward to 2015…I recently came across An Open Letter to the Citizens of Millinocket, Maine. This letter, which I imagine is a bitter pill to swallow, clearly articulates what the town’s challenges are (now that the mill has closed, yet again) and what needs to be done to revitalize the area to attract investors, jobs and the people to fill them.

Whether the townspeople respond per the crystal clear recommendations, or not, remains to be seen. And, my heart goes out to those who still live there, and are struggling. I truly wish the best for anyone residing in a town or area going through such challenges.

That said, each and every person has a choice.

Stay Mobile

As individuals, in today’s world, we must be willing to move about: to go where the jobs are, if we wish to realize our goals and dreams, and we aren’t able to achieve them where we are – presently.

One of my major goals in life is that of living in a house on a crystal clear lake – in the wilderness. Prior to realizing this goal, we’ve had to live outside of Maine (temporarily 🙂 ), to be where the work is…

Don’t be afraid to move if the future looks bleak, where you are now.

Know Your Vulnerabilities

Can your job or industry be replaced, or significantly changed, by advancing technology?

Consider the question carefully. Many carburetor technicians, factory workers, travel agents, Blockbuster video clerks, vinyl record manufacturers, and so on, thought that would never happen to them.

Make no mistake. EVERY job, in EVERY industry on this planet, will be impacted in some way by advancing technology. We either need to be on top of this, or be run over by it. It is our choice!

The GREAT news is that if you are reading this you have access to the unlimited resources available on the Internet. As such, you have the opportunity to learn new skills, languages, tools and techniques online, and in many cases – ABSOLUTELY FREE!

Lest I leave you hanging, here are just a few concrete examples:

  • I am presently brushing up on my Spanish skills (for our next trip) using Duolingo, a free website (and smartphone app) that provides excellent training on several languages! Much better training than I ever received in school, or via book / audio programs that I’ve paid for.
  • My youngest son built a high-powered gaming computer, from scratch, based on videos available on YouTube and other sites.
  • My oldest son honed his web development skills online at Code Academy. As it’s tagline so clearly states: Learn to code interactively, for free.

Make no mistake, you can find these kinds of resources online for just about anything imaginable.

So, what are you doing today? Lamenting the plight of your town, career or current situation, or are you investing in your future, and that of your family’s?

Under-consume and Overproduce

This site contains a number of articles covering the topic, under the theme: “Raise the Bridge and Lower the Water“.

For the purpose of brevity, I’ll simply reinforce the basic principles to financial freedom:

  • Our net worth does NOT relate to how much we earn. Or, how much we spend. It relates to how much we keep.
    • Net worth = Assets (all the stuff we own, our bank accounts, etc.) – Liabilities (loans/debt)
  • To increase our net worth we must:
    • Spend MUCH less than we earn
    • Carefully invest the surplus
    • Continuously invest in ourselves to increase our value to our current and prospective employers
    • Do more work / provide more service than we are asked (thus, increasing our income)

Start Winning the Information War

My very simple advice here is to IMMEDIATELY CEASE THE INTAKE OF GARBAGE dumped from the media (newspapers, news programs and online). Just don’t read or watch it – period!

The media’s one and only goal is to attract viewers to their eye-candy (or poison) as the case may be. By doing so, they generate advertising dollars. The sweeter they can make the story (also known as sensationalizing) the better.

Instead, focus on (carefully select) positive and constructive content, input and training that serves to propel you along YOUR path to financial freedom and the other goals you have for your life.

I am not, in any way, being facetious about this.

To create and protect our future we must protect our mind from negative influences (garbage) and focus on what we want to bring about in our lives.

In closing, only YOU can create the future YOU desire. But, you must take charge and not follow the crowd.

To do so, ask the question shared in the prior post:

In light of my past experiences, current circumstances, future hopes and dreams, what is the wise thing for me to do? – Andy Stanley