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Don’t feel defeated! Stay on your target. This is a good opportunity to revisit the topic with your manager and have a candid conversation on what it will take for you. It’s also a good time (if you haven’t already done so) to reach out to a skip level manager and make them aware of of your development/growth plan for visibility, advocacy and feedback. Your manager is not the only one with influence.
Networking in this case in and outside of your normal org chart can help with these positions.
But the candid conversation with your manager and the skip level manager will tell you enough if you need to start applying else where or stay.
If you applied for the role that was just filled and you know a few folks on the hiring committee, see if you can get some feedback on the decision process or interview process.
If you didn’t apply for the role because it wasn’t posted internally or offered internally, making a plan on how to keep up with upcoming job postings are good as well.
100% agree with SVP 1’s comments. Don’t let the new SVP selection deflate you or derail your path. This is a great opportunity to talk with your manager to understand what skills you still need to develop.
It’s also a great idea to finds a sponsor within your organization. As an example, a few years ago I was a Senior Director. I spoke with my manager about my desire to earn a promotion to VP, and like your manager he gave me some great feedback on skills I needed to develop and experience I needed to collect to prepare.
But I didn’t stop there. I reached out to the President of our sister market in my company and asked them to be a mentor. He agreed. After he’d gotten to know me as my mentor for about 6 months, he also became a champion for me in my pursuit of the VP title.
As a sponsor/champion, he talked with his peer (the President of my market) about my desire for promotion and his opinion about my readiness. Which of course was favorable. He also argued in support when my promotion package was in to back up my President.
Having that sponsorship from outside my direct reporting chain was wonderful and really helped streamline the process.
Start looking around and apply to SVP roles. Do not let other people and their opinions deter you. If they can’t see your worth, give yourself the promotion.
Agreed
Ugh. I'm so sorry
Do you have a sense of what your leadership believes your developmental areas are? Have you had a 360 to provide input and perspective on your performance? Have you outright asked leadership what specifically you need to do to get promoted? I know you’re feeling defeated and it’s a tough situation, but if you can get some clarity as to what your path forward is that would be helpful and give you a sense of whether getting promoted here is in fact an option. It also really helps to know what you’re amazing at and as someone else said don’t let other people’s opinion weigh you down. You’ve got this!!!!
You need to leave that environment. The same thing happened to me so I left them hanging while I upskilled elsewhere.