Want to lose your best specialist? Promote them

On Friday, they’re solving the hardest problems in the department. On Monday, they’re delegating work, giving feedback and making decisions for the whole team. On the Forbes BrandVoice podcast, NEWTON University Group CEO Jiří Koleňák explains how a promotion meant to reward someone can backfire for both the employee and the business.

If the promotion goes badly and there’s no way back to the old job, the company has a management vacancy to fill and may lose an experienced specialist in the process. Koleňák argues that learning to manage people should start before the promotion.

At NEWTON, Business Leadership students get a taste of that responsibility while they’re still studying. They have 24 hours to tackle a management problem, agree on a solution as a team and defend it in front of a panel.

Read the article and listen to the podcast on Forbes.cz (in Czech)