Managing Expectations Around Lateral Move Promotions

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A UK Transfer Pricing Partner reached out this week to say thanks to our team for delivering an exceptional TP Senior Manager that has joined their team.

As the conversation evolved, we got to talking about current expectation levels at the more senior end of the market.

Expectations around "promoting up" to secure a move. Expectations around what people will be required to do in the new role. Expectations about further promotion pathways and timelines.

We concluded that oftentimes, there is a significant gap between these expectations and the reality presented via an interview.

Interviews aren't always the best way of assessing ability and likely future performance, but by and large, they are still, and will continue to be, part and parcel of any job search.

So, here's a free tip. If you are a professional services Senior Manager and you've applied for a Director role, you can bet your house on the fact that you will be asked, and be expected to be very, very convincing in your response, about how you go to market to win work and what strategies have you successfully used to win additional work from existing clients or win new clients.

If you cannot answer this question with authority and a demonstrated track-record of success with evidenced examples, you are not operating at the expected level required for a Director level role.

You need to be already operating and thinking like an owner of the business. Not an employee who receives work, but an owner who generates new mandates and is creating a self-sufficient work pipeline.

Having members on our team who have worked for over 15 years in Big 4 professional services, we spend a lot of time supporting and coaching senior Transfer Pricing professionals who are preparing business cases for promotion and for critical interviews for new roles that require demonstrated evidence and positioning of a value proposition.

If you want to take advantage of that when exploring your next move, please reach out at: al@tpi-search.com for a confidential conversation.

“I worked with some of the TPI Search team when I was in professional services myself. I learned a lot from them technically and believe that this deep knowledge of the day to day practicalities of working in Transfer Pricing, allow them to understand the needs of an employer when hiring a transfer pricing professional but also allows them to better match the jobs to the job seeker’s requirements. The team are extremely personable and go out of their way to find suitable opportunities that both sides are happy with. I highly recommend the team at TPI Search for employers and employees seeking TP opportunities.”

European Head of Transfer Pricing, Major listed multinational US groupUK

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