Offered a new position. Stay or go?

Submitted by Robert Lindstrom
in

Hey guys,

I would be grateful for your input on how to deal with this matter.

Shall I stay for my relation with my former boss or leave for a more challenging opportunity? 

At my first real employment I had worked my way up, under 10 years, to a management position and was let of after 3 years as a manager. I was deeply disappointed. I loved the job. To get by I took a position at one of my distributors as a project manager. Due to that the distributors company I worked for for the last two years declared bankruptcy a year ago, I've been working as a consultant for the last year and business has not been good.

Parallel to my consulting I have also reached out to my network. A couple of months ago a former boss of mine asked me if I'd like to join the new firm he'd been working for the last year. He's the best guy and we've been working together for 10 years in my prior position, so we know each other well. I was glad he asked and I've now been working there since he asked.

My dilemma is that I've now been offered another position at another company.

First of all is that I'm not working as a manager right now and it feels like the things I'm working on is at a level I worked at 6-7 years ago, which does not give me a lot of challenge, nor money.

The new position is at a company that has a new investor who's aiming to boost the company to a higher level. I've been contacted by the investor. The opportunities for my career are many, according to the investor. The company is small right now.

 

Pros is that

1. I'll get a 25% pay-raise + bonus. 

2. I'll be starting as a project manager with possibility for my own department.

 

Cons are that

1. I have a great relation with my boss that may be damaged.

2. The company I'm working for right now are expanding heavily and I might have a project manager role in sight here as well, but with less pay and I can't see my own department in sight.  

Submitted by Martin Culbert on Sunday January 12th, 2014 7:41 pm

Let me see if I am reading this correctly.
The new position is at a company where an external investor wants you to come in and make a lot of big changes. He wants you to work in a position you have not held before. There is a "possibility" of becoming a PM and running your own department but no promise (dangle). There are a lot of pitfalls here. 
First the dangle leads me to believe that it is actually a sideways move and that you MIGHT get something later. Only move if the job that exists now is worth it. The dangle is unlikely to come to pass.
If it is a big step up, you are in an even riskier position. A person external to your team wants to put you over them as their boss. They will take out any grievances on YOU.
Best of luck.

Submitted by Todd Puccio on Monday January 13th, 2014 2:43 pm

RobertM :
Listen to the Career Tools cast that came out today.
Think carefully about all the big and little, trade-offs you will have to make.
It might help.  http://www.manager-tools.com/2014/01/choosing-a-company-work-chapter-7-questions
 
I just wanted to address one of your "Cons:"
You said you have a great relationship that might be damaged.
If a great relationship with a supervisor is damaged merely because you go after a better opportunity - and you act professionally otherwise,  I really question how "great" that relationship is.
A good professional manager would be happy to see you move on to bigger and better things.
Just say'in.
TJPuccio

Submitted by Robert Lindstrom on Tuesday January 14th, 2014 7:22 am

Thanks Guys!

I'll take in consideration the "dangle", MFCULBERT. I can´t seem to find a good way of estimating the risk and assed the pitfall's as I would like.

I'm going to listen to the new cast ASAP. The question just turned into a no-brainer, as Mark would say.

Of course a good professional manager would be happy to see me move to a new challenge, as you say, TJPuccio but my concern is that I have only worked here for 2,5 months.

It feel's like I'm leaving them in the lurch.