How to step up your career this year

step_up_career.top.jpg By Elaine Pofeldt, contributor


(MONEY Magazine) -- Tired of waiting for better days to arrive so that you can ask for a bump up? Maybe it's time to quit being so patient.

In this economy, employers won't be handing out new titles left and right, "but the great news is you can still earn a promotion by demonstrably moving your company toward strategic and financial wins," says Stefanie Smith, principal of New York executive coaching firm Stratex Consulting.

The higher you are on the ladder, the more responsibility you have to take for your progression. This plan can help you prove yourself promotion-worthy within the next six months.

Step 1: Secure your supervisor's support

Arrange a meeting with your boss to make sure he or she is aware of your ambition. "If you don't tell people you want to take on more responsibility, how are they going to know?" notes New York City career coach Roy Cohen, author of "The Wall Street Professional's Survival Guide."

But "rather than focus on your aspirations, frame everything in terms of what your boss wants to accomplish," advises Smith.

Ask what his or her key goals for the year are, and make it clear you want to help achieve them. And, of course, find out if there are any gaps in your résumé. End the meeting by requesting performance feedback every month or two.

Step 2: Execute one of your boss's goals

Over the next few months, step up to lead existing projects --or present new ideas -- relating to the objectives your supervisor laid out. Initiatives that lead to revenue generation or cost savings present the best promise for promotion in any economy, advises Cohen.

But also capitalize on your unique knowledge: If your industry faces potential regulatory challenges, for example, and you know that area inside out, be the first to devise a plan to help the company succeed in a changed environment.

Meanwhile, cultivate relationships in other departments -- and collaborate with your new contacts -- as it will expand your sphere of influence, advises Caroline Ceniza-Levine, a partner in N.Y.C. career coaching firm SixFigureStart.

Step 3: Promote your promotable efforts

Send periodic reports to your manager highlighting how you're moving the needle. "When it's time for your review," says Smith, "your boss will look through those updates."

Also, publicize the victories of your direct reports, as this publicizes your own victories, adds Paul Copcutt of Square Peg Solution, an Ontario personal-branding firm. One of his clients created a local-server blog so that her group could report progress to higher-ups, for example.

Finally, ask colleagues who are happy with your work to e-mail your manager, says Ceniza-Levine. That way your boss will feel even better about giving you a boost.  To top of page

Just the hot list include
Frontline troops push for solar energy
The U.S. Marines are testing renewable energy technologies like solar to reduce costs and casualties associated with fossil fuels. Play
25 Best Places to find rich singles
Looking for Mr. or Ms. Moneybags? Hunt down the perfect mate in these wealthy cities, which are brimming with unattached professionals. More
Fun festivals: Twins to mustard to pirates!
You'll see double in Twinsburg, Ohio, and Ketchup lovers should beware in Middleton, WI. Here's some of the best and strangest town festivals. Play
Overnight Avg Rate Latest Change Last Week
30 yr fixed3.80%3.88%
15 yr fixed3.20%3.23%
5/1 ARM3.84%3.88%
30 yr refi3.82%3.93%
15 yr refi3.20%3.23%
Rate data provided
by Bankrate.com
View rates in your area
 
Find personalized rates:
Index Last Change % Change
Dow 32,627.97 -234.33 -0.71%
Nasdaq 13,215.24 99.07 0.76%
S&P 500 3,913.10 -2.36 -0.06%
Treasuries 1.73 0.00 0.12%
Data as of 6:29am ET
Company Price Change % Change
Ford Motor Co 8.29 0.05 0.61%
Advanced Micro Devic... 54.59 0.70 1.30%
Cisco Systems Inc 47.49 -2.44 -4.89%
General Electric Co 13.00 -0.16 -1.22%
Kraft Heinz Co 27.84 -2.20 -7.32%
Data as of 2:44pm ET

Sections

Bankrupt toy retailer tells bankruptcy court it is looking at possibly reviving the Toys 'R' Us and Babies 'R' Us brands. More

Land O'Lakes CEO Beth Ford charts her career path, from her first job to becoming the first openly gay CEO at a Fortune 500 company in an interview with CNN's Boss Files. More

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.