You’ve been promoted. Once the initial excitement sets in, you have to come to terms with the fact you may be leaving behind colleagues you started out with, and this may have an impact on your relationships with them. You also have to re-orientate yourself in a new role and set new goals. Here are some advice on how to cope with your new status and to succeed.

Receiving a promotion is highly rewarding - and it is recognition that the management views you as a capable potential leader. With it comes the responsibility of reassessing your goals and objectives for both you and your team. In your new position, your colleagues will look to you for guidance and certain expectations will be placed on you. Whether you have received a promotion within your organisation or have left one company to move to a higher level position within a new company, you will need to come to grips with new expectations.

The move into a new role is an opportunity for you to prove yourself again. If you have been promoted within your organisation, you may be in a position where you have to deal with some bruised egos around you. You may be moving faster than others within your organisation, possibly team members you started out with. Be confident in your new role and look to senior colleagues for advice. But also remember that each of your colleagues develops at his or her own pace and has different personal goals. Be sensitive to others who may be reassessing their performance.

As you develop within your new role, it is important to be aware of your strengths and what you bring to the table. Look at those you work with and assess their strengths and weaknesses, and how you can manage your team to get the best results. Work with your team to set small goals while focussing on the bigger picture. Make sure you communicate goals and objectives to your colleagues and engage in two-way discussions to gather feedback from your team.

Executives are always going to be changing jobs. But the one thing which will remain constant is your network, so make the effort to maintain this as you develop in your new role. It is often through your network that you will find out about updates and even job opportunities.

If you are finding the demands of your new role challenging, you should consider executive coaching. Executive coaching helps individuals realise their own personal development potential. Let your seniors know this is something you are interested in pursuing.

Executive coaching also helps you to build on your interpersonal skills, which becomes increasingly important the further you move up the corporate ladder. The workplace of tomorrow will be made up of as many as five to six generations from a wide range of countries and backgrounds. It is the leaders with the best interpersonal skills who will be most successful in these increasingly diverse working environments. Your clear communication and team building skills will also contribute significantly to whether or not you achieve your business goals.

Take into account the interpersonal dynamics of your team and wider organisation, and consider how these affect your goals and objectives. While you don’t want to get too caught up in the office grapevine, it should provide insight into how well your team is functioning and may sometimes give you an early indication of what and when issues need to be addressed. Keeping your eyes and ears open will keep you in touch with what is going on around you, and will mean you are more prepared to face the challenges that come with leadership.

As you move up the corporate ladder your peers will begin to look to you as a mentor. The best mentors are those who understand what it is like to be the person seeking help and are therefore not afraid to seek help and feedback, from mentors of their own. Organisations are realising the importance of developing their staff, assessing the strengths and weaknesses of their team members, and developing a succession plan for their future leaders. So don't be afraid to seek help if you need it.