Business Education

Two Rockstars, One Promotion—Here’s How Smart Managers Make the Toughest Call

When two exceptional employees are vying for the same promotion, the decision becomes one of the most challenging yet crucial choices a small business owner can make. Both candidates have proven their worth and demonstrated leadership potential, making the selection process far more complex than simply comparing performance metrics.

The stakes are high: promote the right person, and you strengthen your team’s future; choose poorly, and you risk losing talent and damaging morale.

Rather than relying on gut instinct, successful managers approach this dilemma with a structured framework that looks beyond surface-level achievements to evaluate strategic thinking, cultural fit, growth potential, and the specific needs of the role ahead.

5 Steps to Choose Who to Promote Between Two Star Employees

This is a big decision because when you have two top performers, both of whom appear to be the best fit for the same promotion, you can only go with one. It’s a good problem to have, but it’s still a problem. The wrong choice can sow division, tank morale, or even cause you to lose great talent. So, here’s how to navigate this high-stakes decision with clarity, empathy, and strategic foresight.

1. Define the Role’s True Needs

Before comparing candidates, define what success in the new role truly looks like.

Is it mostly strategic or still hands-on?
Does it require cross-functional collaboration, vision setting, or people management?
Are you looking to scale something that’s already working or lead transformative change?

Once you’re clear on the mission, you can assess which candidate aligns best, not with their past performance, but with the future demands of the role.

2. Look Beyond Metrics

Star employees often have stellar KPIs, but numbers alone don’t make a leader. Consider the following:

Influence: Who do others turn to for guidance or inspiration?
Resilience: Who thrives under pressure, adapts quickly, and keeps others steady?
Initiative: Who goes beyond their job scope to spot and solve problems?

These qualitative traits often separate a high performer from a high-potential leader.

3. Evaluate Cultural Impact

Promotion isn’t just about upward performance—it’s about how someone lifts those around them. Ask yourself:

Who mentors others or champions the team’s growth?
Who models your company’s values when no one’s watching?
Who adds to—not just fits into—your culture?

The ripple effect of a promotion is real. Choose someone whose impact elevates the collective.

4. Consider Timing and Trajectory

Sometimes, both employees are capable, but one may be more ready right now.

Who has the broader skillset today?
Who could thrive even more with time, mentorship, or a different opportunity?

If one star isn’t quite there yet, it doesn’t mean they won’t shine even brighter in the next round. Be transparent and offer a clear growth path.

5. Be Thoughtful, Transparent, and Kind

Whatever your decision, communicate with care. Explain how the choice was made, acknowledge both candidates’ contributions, and outline what’s next. If someone isn’t promoted this time, make sure they’re seen, supported, and set up for success in the future.

Here’s the bottom line. Promotions aren’t rewards for the past—they’re bets on the future. When you choose the right person for the role, not just the one with the best track record, you set your team—and both star employees—up for long-term success.

Want to Accomplish More?

Do you want your company to grow faster and earn more while spending more time with your family doing everything you started your business to do?

We can make that dream a reality. Give us 30 minutes, and we will show you how to get your life back. Skeptical? Good! Put us to the test.

You can call us for your free appointment at 480-636-1720, or, if you prefer, send us an email. You can also visit us at Waters Business Consulting Group to learn more about us and the services we offer. … And don’t forget to check up out on LinkedIn!

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How to Choose the Right Business Bank Account

May 17, 2021 No Comments

The right business bank account can do wonders for any entrepreneur. Whether you’re starting a new venture, are an independent contractor, or just have a side gig, a commercial bank account is generally a very good idea. Not only does it help you separate business transactions from your personal purchases, it can also serve as legal protection. So, read on to learn more about how to choose the right business bank account. Top Business Bank Account Benefits A commercial bank account makes it a cinch to tracking business expenses. You can monitor spending with ease. Plus, it can also be a big help in preventing overspending. What’s more, having a dedicated business account will be a huge time-saver come tax time (which can be every quarter, by the way). Business checking accounts can make it easier to separate business spending from personal spending. If you run a small business, are self-employed or earn money as an independent contractor or gig worker, a business checking account is something you may need. But which one is best for you? Just as with personal checking accounts, choosing a business bank account comes down to finding one that offers the right combination of features, benefits and cost. —Forbes.com Additionally, a business bank account makes your organization look more professional. This, not to mention you can also usually enjoy some personalized and professional services of your own. For instance, having documents notarized for free or a minimal fee. Or, helping you to choose the right business credit card and/or debit card. How to Choose the Right Business Bank Account Unfortunately, choosing the right business bank account can also be a bit intimidating. After all, you want to get the most out of it while paying the least (since practically all commercial accounts charge fees). So, here are a few helpful tips to find the best business bank account: Ask about fees and requirements. There are very few business bank accounts without fees and requirements. But, some financial institutions waive one or more fees if the account continually maintains a certain minimal balance and/or has a number of business transactions. Know not all introductory offers are the same. Some banks offer very tempting introductory offers. Of course, these expire, so you want to make sure you understand the exact terms. Moreover, pay close attention to what occurs thereafter because it might well be a lot more trouble than it’s worth. Do your homework. Of course, you can always get recommendations from other businesses. But, don’t just go on their experiences alone. Take some time to research different banks online and see how they perform with the Better Business Bureau. Commercial customer reviews could also tell you a whole lot about how a bank treats its business customers. Compare and contrast. Obviously, you’ll need to stack your possible options up against one another. While one might charge a bit more in fees, it could offer waivers. Or, you could value having several branches because it’s more conducive to your business’ needs. Be sure to go over the pros and cons of each to decide which is the best overall fit. What other suggestions do you have in selecting a good business bank account? Please share your thoughts and experiences so others can benefit from your unique perspective! Interested in learning more about business? Then just visit Waters Business Consulting Group.

Here are the 3 Biggest Self-Imposed Entrepreneurial Roadblocks

June 27, 2018 No Comments

More often than not, the person in the mirror is the individual who is most to blame for your problems. Usually, lack of success isn’t due to external circumstances or a run of bad luck. Poor decisions are typically the culprit. And, these mostly come from the failure to recognize certain self-imposed roadblocks. How Modern Culture undermines Businesses Now, this doesn’t mean there are never any real externalities which play a significant role. Just take a quick look at modern culture. Practically everything is now on-demand. We live at a time where immediate gratification is normal. But, that’s a dangerous situation. Success is what every business person and entrepreneur desires from the very core of their being. They have a dream, a genius idea and an initial excitement to make it happen. Having a great idea and building a sustainable empire, however, are very different things and many, if not most, fail. To rank among those who succeed you must master certain disciplines to avoid sabotaging your own success. —Entrepreneur.com You first need to instill self-discipline and realize it’s more advantageous to accomplish your biggest goals in small steps. An incremental approach will cause you to think through scenarios and have a more clear understanding. However, just taking it step-by-step might not be enough. 3 Biggest Self-Imposed Entrepreneurial Roadblocks Let’s get back to how too many entrepreneurs sabotage themselves. They put up roadblocks which keep them from realizing their full potential. So, here’s the three most common self-imposed roadblocks you need to recognize and deal with: Not recognizing futility for what it is. If you’ve ever seen the movie “Wargames,” then you know the scene when Dr. Stephen Falken uses the example of tic-tac-toe to illustrate the importance of recognizing futility. But, that’s the exact opposite of what we hear time and time again. You’re not supposed to give up. Keep fighting and find a way. However, there are times when it’s just futile and you can’t win. Remember Einstein said repeating the same thing and expecting different results is the definition of insanity. Seriously doubting your own abilities. This is perhaps the most common self-imposed roadblock. It’s natural to have reservations, even to feel fear and/or doubt. Although, too much doubt is a poison pill. It’s simply paralyzing and ultimately self-defeating to give into unrealistic doubts. Saying “Yes” when “No” is appropriate. We’ve all heard the advice to give things away for free or at little cost. Additionally, to always help others. But, saying “Yes,” can easily obstruct your ability to grow your business. After all, you need to focus on your own business to build it up before you can actually be in a position to help others do the same with their companies. What other self-imposed roadblocks have you overcome? How do you move past your own limitations? Please share your thoughts by commenting and joining the conversation! Interested in learning more about business? Then just visit Waters Business Consulting Group.

Is It Time to Grow? 7 Signs Your Small Business Is Ready for the Next Step

July 2, 2025 No Comments

Running a small business is a thrilling journey – taking it to the next level can be daunting