Do you absolutely love the company you work for, but are looking for the next step in your career path? You’re not alone. Studies indicate that individuals who focus on advancing their careers within a company they are committed to are much more likely to succeed than those who “job-hop” from company to company (Harvard Business Review).
Commonly, MBA students are interested in moving into a new role within their current companies. Believe it or not, this transition looks much more like a traditional job search than you would imagine. The key here is to identify your goal, position yourself well through networking, rebranding, and marketing yourself, and execute a flawless application and interview process.
Advantages of Moving Internally
- You are a known entity, and employers may take less of a risk by going with an inside candidate.
- You can sell yourself in-person rather than having to rely on your application materials.
- You understand company culture and know what terms and successes you should highlight when being considered for new roles.
- You may know of opportunities before outside candidates, or you may have internal positions available only to internal candidates like you.
- Your current employer may have a hard time seeing you in something other than your current role. The burden will be on you to start presenting your skills in a way that hiring managers can easily see their relevance to the new role.
- Some companies prefer to fill open positions with external hires, primarily in order to inject fresh, outside thinking into the organization.
- If your current management is afraid of losing you, he or she may not be supportive.
- It can be more difficult to keep your job search confidential.
- You are asking for an MBA-level position, so your employer needs to clearly understand the value of your degree and experience.
As you search internally at your organization for the next career move, use these tips to leverage your degree for a faster promotion.