Here’s the scenario: You’ve been promoted in your current unit. You are now mnaging people who used to be your peers - at least one of whom may have also applied for the promotion. How do yo transition from a colleague to a manager? Here are nine suggstions for leading those you used to work alongside.

First, a confession: When I started seeing articles and comments about “dry promotions,” I didn’t know what that was.

In case some of you are in that same boat, here’s a definition:

“A promotion without a salary increase.”

As American businesses seek innovative ways to cut costs in a tightening economy, employers may be enticed to promote employees but withhold a salary increase.

In this episode, I cover reasons why employers offer dry promotions and the upsides and downsides of accepting one. I also provide negotiation tips for getting something, if not pay.

Today, I’m diving into 14 reasons why people fail to prepare themselves for a successful attempt at a promotion. For the purposes of this episode, I’m talking specifically about internal promotions – although many, if not all, of these strategies will apply if you are seeking a higher position with a new company.

Are you effectively managing your career? Today’s topic will help tremendously with your efforts, as I talk about how to position yourself for internal promotions.