How to Choose Between Internal Growth and External Offers? A Woman’s Guide
Navigating career growth can be overwhelming, especially when you’re excelling in your current role and attracting enticing offers from the outside market. For many women leaders, this decision is crucial for long-term career success and satisfaction.
In this blog, we’ll explore strategic approaches to evaluate your options and make the best choice for your professional journey. Below are some tactics that many Iron Ladies have applied in such situations to find the right direction for themselves.
5 Ways for Deciding Between Internal Growth and External Opportunities
1. Evaluate Growth Opportunities: Assess the potential growth paths both within your current organisation and externally. Look at the career advancement prospects, leadership roles, and new challenges that each path offers.
Example: If your current organisation offers clear pathways to senior leadership roles and invests in your professional development, it might be worth staying. Conversely, if an external offer presents a unique opportunity to lead a high-impact project, it could be the right move.
2. Assess Your Passion and Strengths: Reflect on your passion for the work and your strengths in the industry. Are you more excited about the projects and challenges in your current role, or do external opportunities align better with your career aspirations and skills?
Example: Identify the tasks that excite you the most and match them against the opportunities available in both your current job and potential new roles. Choose the path that aligns with your long-term career goals and personal interests.
3. Negotiate Within Your Organisation: If you decide to stay, leverage the opportunities you’ve identified outside to negotiate better terms within your current organisation. Highlight market trends and how other companies are valuing similar roles without directly mentioning other offers.
Example: “I’ve been analysing market trends, and I’ve noticed that similar roles in other companies are taking on responsibilities that align closely with my skills. I believe we could benefit from adopting some of these strategies. Could we discuss how I might take on more leadership and perhaps review my role’s compensation accordingly?”
4. Focus on Salary and Role Negotiation: Instead of threatening to leave, focus on negotiating for growth in your designation and salary based on your contributions and the external opportunities you’re aware of.
Example: “I’ve been contributing significantly to our recent successes, and I’m looking to discuss potential growth in my role and compensation to better reflect these contributions.”
5. Utilise External Opportunities: Even if you don’t have a concrete offer, going through the interview process can provide confidence about your market value and help you understand your worth.
Example: Participate in interviews to gauge the market demand for your skills. This insight can bolster your confidence and provide a strong foundation for negotiations with your current employer.
By evaluating growth opportunities, assessing your passions and strengths, and strategically negotiating within your organisation, you can make informed decisions that advance your career.
Ready to conquer your career decisions and advance your professional journey? Equip yourself with the Business War Tactics to navigate complex career dynamics with our Leadership Masterclass Program.
