BUS101 Introduction To Business

Climbing the Corporate Ladder

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Table of Contents

Introduction. 3

Discussion. 3

List at least ten ways to climb the corporate ladder and consider job performance, communications skills, and leadership. 3

Consider roadblocks that may prevent one from climbing the corporate ladder. 5

Conclusion. 5

Reference list 6

Introduction

The corporate ladder is mainly a conceptual process in a company in this process career advancement is considered. This process mainly involves from the entry-level positions to the top level of positions like managing director board of directors such other top-level positions as may be prescribed. Individuals can become a corporate ladder through his excellent performance skills and promotions. Climbing be corporate ladder is an inside process involved in the organisation. The climbing process starts from lower to top-level positions and it also helps to achieve the goals and objectives. This process is required for the future accomplishment of goals.

Discussion

List at least ten ways to climb the corporate ladder and consider job performance, communications skills, and leadership

 There are mainly many ways to climb the corporate ladder but it is not an easy process at all. Firstly we need to understand some important terms before climbing a corporate ladder.

• Setting a career objective and goal is necessary before climbing a corporate ladder. It is essential to ascertain the goals and objectives that the ambition of the person and the career objective of the person (Wille et al., 2019). If you are not capable of knowing what you are doing and at what place you are seeing yourself after 5 years you will be unable to climb the corporate ladder.
• So career goals and objectives are necessary to set from the very beginning. Some tips are to be followed: The strength and weakness of a person, the current position of the individual, the weakness of the individual, also the techniques to overcome the weakness and to increase the strength. This type of self-assessment is the vision of future careers and goals.
• It is necessary to keep updated and networked from the beginning to the ending. Also, this networking process involves many information data that are confidential and business-related. So for this reason you need to build your network both online and as a person ( Thams, Bendell & Terjesen 2018). Hard work is also important to climb a corporate ladder doing the job with more than minimal requirements and spending more and more time.
• Good and proper communication is one of the most important to climb a corporate ladder. Communication is that process that involves the top-level employees to the lower-level employees. An organisation will not be able to develop if proper communication is not done with all the coworkers. If proper communication skill is not there in an organisation it will not succeed in future and also not be able to climb a corporate Ladder.
• It is necessary to work as per the job description and also to follow the guideline and rules are given by the top-level department. To climb the corporate ladder not only is enough to work beyond the job description, but to spend more and more time working.
• Employee will also be a person of ability and integrity and also be ready to learn more knowledge (Daz, 2018). Learning is a method by which more and more knowledge is gained and a well educated intelligent employee may create huge revenue and profits for an organisation. A corporate ladder is easily achieved with constant profits in the last few years as a financial position is crucial for an organisation.
• If it is crucial for future growth and development it will be great to move on for a job that has better opportunities and better remuneration (Wille et al., 2019). It is also to keep an eye on the security associated with the remuneration and other facilities offered by the concern. It is also important for climbing a corporate ladder to take every step that is necessary and to become successful.
• Setting performance goals and proper planning is also required to achieve the goals. An employee must have a proper plan and communicate the plans with the manager and if the plans are achieved within the proper time limit it is an easy process to climb a corporate ladder (Zhou, Yan & Sun, 2022).
• As the long term steps are required to future success and growth but same as long term steps are needed to climb a corporate ladder. Some goals give a clear path from both starting and finishing. A long term step is also taken with the combination of many short term steps.
• Achievements of great milestones are also necessary to climb the corporate ladder. It is also required employees must be fully dedicated about their job role and passionate about their work and also required to achieve long term accomplishment.

Consider roadblocks that may prevent one from climbing the corporate ladder.

The barriers in climbing corporate ladders are described below:

Absence of corporate leaders is the most crucial stage that prevents to climb a corporate ladder. The corporate leaders are the ones to appreciate and to promote employee workers for their excellent timely services and also their skill talents ( Thams, Bendell & Terjesen 2018). In absence of corporate leaders did not motivate to achieve further goals and objectives as they cannot say to the workers that they are fabulous and efficient. Also, this creates difficulties to climb the corporate ladder. Lack of courage also creates a barrier and prevents one from climbing the corporate ladder. As many workers and employees deal with crucial information they stop others from achieving the corporate ladder (Lim & Teo, 2019). The majority of employees are afraid to lose their jobs they keep the information to themselves this may be logical but it is also ineffective to climb a corporate ladder. It is not possible to climb a corporate ladder without the proper guidance of senior coaches and mentors. As the growth and development are not possible to achieve proper goals and objectives the coach’s mentors play a vital role in assisting. Their absence surely makes a negative impact to climb the corporate ladder.

Conclusion

So from the above discussion we can say that the corporate ladder is a new strategy for future growth and also to achieve long term accomplishment. This process of climbing a corporate ladder is also associated with many tasks and all the tasks and objectives must be accomplished appropriately within the given time limit. Many barriers are also there in the process of climbing a corporate ladder and that is why all the things must be kept in mind before climbing a corporate ladder. It is also proven that the corporate ladder helps to grow from lower level to the topper level if properly implemented.

References

Daz, E. (2018). Leadership self-efficacy: A study of male and female MBA students in Mexico. Advancing Women in Leadership Journal, 38, 27-34 DOI .https://doi.org/10.21423/awlj-v38.a336

Lim, G., & Teo, J. K. (2019). Climbing the economic ladder: the role of outward foreign direct investment. Journal of Asian Public Policy, 12(3), 312-329. DOI https://doi.org/10.1080/17516234.2018.1449714

 Thams, Y., Bendell, B. L., & Terjesen, S. (2018). Explaining women’s presence on corporate boards: The institutionalization of progressive gender-related policies. Journal of Business Research, 86, 130-140 DOI .https://doi.org/10.1016/j.jbusres.2018.01.043

Wille, B., Hofmans, J., Lievens, F., Back, M. D., & De Fruyt, F. (2019). Climbing the corporate ladder and within-person changes in narcissism: Reciprocal relationships over two decades. Journal of Vocational Behaviour, 115, 103341 DOI .https://doi.org/10.1016/j.jvb.2019.103341

 Zhou, W. C., Yan, D., & Sun, S. L. (2022). Climbing the Ladder: Inward Sourcing as an Upgrading Capability in Global Value Chains. Research Policy, 51(3), 104439.upgrading2022 DOI https://doi.org/10.10la16/j.respol.2021.104439