I am being promoted and will soon manage a team of my own. One of my colleagues who is also a relatively good friend will report into me as part of this change. What are your biggest tips on managing this new dynamic? I appreciate that the shift in power may impact our friendship and will change our working relationship. Any advice for me as I step into this leadership role?

Leadership is like riding a Ship , you will have to learn the art of balancing the journey.

Set professional boundaries and define your expectations and guide your team mates to set the goal.

But keep personal and social collaboration with a sense of professionalism without hurting other’s contribution.

Managing electronic communications is easy as it does not need EQ.

But when you are a people leader you need to keep in mind EQ of your team.

Hope this sounds good , have a good day 🙂

Have an honest conversation - address the elephant in the room now and get ahead of it, because they’re going to be wondering how the dynamic will change as well. Express that you have new responsibilities now, things will shift and change, you still value their friendship but need to be able to work with them within this new dynamic. Make it feel collaborative and fair, then stick to your guns, have the same boundaries for everyone on your team. Best of luck!

Yeah, didnt work for me.

Get them out of your team as soon as possible. You will never win:
- if you are good to them: you’ll be accused of favoritism
- if you are not that nice to them: they’ll resent you
- if you try to tell them to improve: they’ll be angry at you as they’ll think how dare she did it to me

I’ve managed a colleague who ASKED her boss to report to me as we were good friends. Scenario #3 happened and we are no longer friends

It can definitely work, but it depends on how you approach it. First, you need to treat everyone as an adult, not as a peon or as a child. Second, you need to hold everyone accountable for the same standards. Third, you should invite feedback, as in "We are charged with getting to X, so I was thinking we'd approach like this. What are your thoughts?". Accept good ideas and give credit for them when you use them. Finally, when you make a decision, stand by it. "Thanks for the feedback. I've decided that we're going to move forward this way...."
NEVER discuss any other team members with your friend.

Good luck!

Sigh no advice because it’ll almost never work. But rule of thumb, I never become friends with anyone I work with for this very reason. I’m friendly and personable with people but never friends at the job. Good luck

Don't worry, have these conversations up front . Ask them what's the best way to share feedback with them and what they are worried about considering this is the new dynamic of the relationship. Patience will help in the long run. Also share intent, i.e. you want to succeed in the role and that you want to grow the team together. The intent should not be shared as you want to keep the friendship. It's not your choice anymore, it's theirs and friendship is a two way street. Hopefully you guys can navigate this.

Have a convo to ask them how they feel about the change in dynamic. Come up with a solution to set the boundaries with work and personal. It’s easy to blur the line but if you’re both in the same page it will make it easier. I always say that once you cross into the store line/company property line that every decision or convo is business related it’s not personal.

Ive recently moved into a Team Lead role and faced the same issue. Not helped by the fact that the friend in question has some performance issues. I take each day as it comes and set my boundaries from the start (respectfully) and they have respected that I'm doing my job.
A true friend will understand that you can be both professional as their lead/manager and also a friend when appropriate. It's for you to find and instigate the balance.