526: Making the Case for Your Promotion, with May Busch

Coaching for Leaders

Dave Stachowiak

Education, Business, Management, Self-improvement, Careers

4.8 • 1.6K Ratings

🗓️ 17 May 2021

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

May Busch: How to Get Promoted May Busch is the former Chief Operating Officer of Morgan Stanley Europe. She was promoted 10 times during her 24-year career at Morgan Stanley. Today, she's an executive coach and mentor, helping professionals overcome (often hidden) obstacles, advance to the next level in their careers, and reach their full potential. May is the author of Accelerate: 9 Capabilities to Achieve Success at Any Career Stage and the creator of the How to Get Promoted Course*. In this conversation, May and I discuss the key principles that professionals should consider when advocating for their next promotion. We explore a few of the mistakes that some people rely on — and how to do better through your track record, business case, and future thinking. Plus, May shares several tactics that will help you get visibility on what senior leaders are thinking. Key Points Being a culture carrier is a wonderful place to be in an organization, but it’s not enough for promotion. Threatening to leave can work in some cases, but it’s not laying the groundwork for long-term trust. Your track record should include your accomplishments, experiences, strengths, and skills. Others who are close to you can often help you be more objective on what these are. Ultimately a promotion is a business decision. Help more senior leaders make the business case for why you are the right decision. Perceived risks about you might be fair or not. Regardless, responding in a matter-of-fact manner to concerns is more likely to help you alleviate them. Resources Mentioned Discover What It Really Takes to Get a Promotion*, a free training series by May Busch Accelerate: 9 Capabilities to Achieve Success at Any Career Stage by May Busch Related Episodes Move From Caretaker to Rainmaker, with May Busch (episode 390) How to Work With an Executive Recruiter, with Becky deSouza (episode 406) Craft a Career to Fit Your Strengths, with Scott Anthony Barlow (episode 424) Discover More Activate your free membership for full access to the entire library of interviews since 2011, searchable by topic.

Transcript

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0:00.0	So you're ready for your next promotion, but how do you frame your thinking, the conversations, and the case you make to decision-makers?
0:09.0	In this episode, what works and what doesn't to help you move forward in your career?
0:14.0	This is Coaching for Leaders, Episode 526.
0:18.0	Produced by Innovate Learning, Maximizing Human Potential.
0:25.0	Greetings to you from Orange County, California.
0:30.0	This is Coaching for Leaders, and I'm your host, Dave Stahofiac.
0:35.0	Leaders aren't born. They're made.
0:38.0	And this weekly show helps you discover leadership wisdom through insightful conversations.
0:44.0	There comes a moment, in fact, in most of our careers, there comes many moments where we start thinking about making the case for our next position.
0:53.0	That promotion, and it is something that many of us haven't been taught how to do.
0:58.0	And when we get to that point, we're often wondering, how do we actually frame that conversation effectively and prepare for it well?
1:06.0	Today, I'm so glad to welcome back an expert to the show who's going to help us to really make the case for a promotion, and to do it in a way that is really appropriate, professional, and thoughtful.
1:19.0	I'm so glad to welcome back Mae Bush. She is the former Chief Operating Officer of Morgan Stanley, Europe.
1:26.0	She was promoted 10 times during her 24-year career at Morgan Stanley.
1:31.0	Today, she's an executive coach and mentor, helping professionals overcome the often hidden obstacles, advanced to the next level in their careers, and reach their full potential.
1:41.0	Mae is the author of accelerate nine capabilities to achieve success at any career stage, and the creator of the how to get promoted course.
1:51.0	Mae, so glad to have you back on the show.
1:53.0	Hi, Dave. It is wonderful to be back. Thank you. I love the community you have created, and I love the whole ethos of helping people achieve their full potential as leaders.
2:06.0	This is an important work.
2:08.0	Well, thank you for that, and you are doing so much wonderful work in this way.
2:13.0	Also, our last conversation was so helpful to folks, and this one, I know, is also going to be useful, and that so many of us do hit this point in our careers where we're thinking about the next promotion.
2:23.0	So let's see if we can help some folks get promoted today.
	...

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