Promoting the wrong person can take a huge toll on your organization. Passed-over employees will rightly take umbrage, leading to eroded trust and higher turnover. Take your promotions just as seriously, if not more seriously, than your hiring decision. Their impact on your existing operation can be immense. Is this a choice your financial institution is struggling with? Check out this article for more tips to keep in mind in navigating this often difficult and emotionally fueled decision.
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