Getting a promotion to a good position requires all of the following: 1. The company must be growing non-linearly and be strong financially. 2. You must have e

Getting a promotion to a good position requires all of the following: 1. The company must be growing non-linearly and be strong financially. 2. You must have enough value to the company where if you leave you'll be difficult to replace. 3. Management prefers to promote from within. If any one of these is missing, then the positions offered as promotions will be sub-optimal. #1 seems to be in short supply across a large swath of industries, and is the main driver for lack of promotions offered these days.