It's time to create a business case if you are thinking of applying for a promotion. While you should make a compelling case for the promotion, you must also ensure that you are within the "orange" areas. This way, you'll have a stronger case and a better chance of success.
Justifications for a promotion
To ask for a promotion you must convince your boss. There are three important steps to follow in this process. First, determine the job you are being considered. Second, consider the benefits that a promotion would bring to the company. Third, justify your decision based on the business case. A Director-level promotion cannot be justified by performance- or time-ingrade justifications.
To make your case for promotion, you should have documented evidence that you have achieved your goals and contributed positively to your company. You can keep a list of all your accomplishments and make a presentation for your supervisor.
Sample business case
A business case must be presented to your supervisor in order to get promoted. You should be able to show your supervisor how you have developed your skills and motivated your team. It is also a good idea to record your achievements in order support your case. Here are some tips to help you create a good business case for promotion.
To begin, write an executive summary that sums up each section of the business case. Your executive summary should include your project overview, objectives, plan outline, and problem statement. It should also define the scope of the project. That is, the scope should include the tasks and the final deliverables.
KPIs to include
KPIs (Keyperformance Indicators) can be useful indicators when evaluating a company's overall performance. They show how efficiently a company achieves its objectives. They include employee productivity and customer satisfaction. These metrics may differ from one company to the next depending on their industry and stage.
It is important to select KPIs that are specific to the business and that are SMART. SMART measures are ones that are specific, measurable and attainable. They are also realistic and achievable. Customer satisfaction is a good example of a key KPI. Customers will return more often if they are satisfied. An example of a weak KPI is profit. Profit shows past performance but not future performance.
Executive summary
An executive summary should give a quick overview of your business, market, key players, and goals. It should also describe how you plan on deploying your product. You should also include your financial plans, but the terminology should be different depending on who you are writing it for. To help you get started, a sample or template can be used.
When writing an executive summary, keep in mind that not everyone has time to read the full business case. This means that you need to focus on the essentials. If you are pitching to a senior stakeholder then you should be clear and concise.