Wednesday, 15 July 2015 06:57

The Power of Mentoring

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Choosing the right mentor makes all the difference Choosing the right mentor makes all the difference
Have you ever wondered how effective mentoring is?

In this post we will focus on the benefits to the person being mentored.

Mentoring
Mentoring is defined as a long term relationship between a younger individual and a more experienced individual. In traditional cases a persons mentor was considered to be their 'elder' boss. Today, there may be no such age differentiation and no such need for a direct reporting relationship. It only matters that the mentor has more experience in the topic of interest than the person or persons being mentored.

According to Gartner research, 71% of all Fortune 500 companies have formal mentoring programmes. The results of this are significant.
  • 25% of the younger employees who were enrolled in mentoring had a grade-change in salary while only 5% of those who were not involved had similar changes
  • those receiving mentoring were promoted five times more often than those not receiving mentoring
  • the retention rate of poeple involved in mentoring was 72% higher than those not involved
  • those involved experienced higher job satisfaction, engagement and more positive job attitudes
No matter whether your organisation has a formal mentoring programme or not, everyone benefits when it occurs. This is why so many successful individuals get mentoring outside their workplace regardless of whether there is a formal programme or not.

Finding a Mentor
Just as any of the top tennis players at Wimbledon had coaches and mentors, so too do outstanding leaders in other fields. It is best to find someone who has the experience you seek, is willing to have an occasional, but long-term relationship with you to make sure you really progress. The mentor does not need to be a friend, does not need to be in the same organisation and does not need to be older. They must have had the experience you need and must want to help you achieve peak performance.

Mentors and Leadership
  • a mentor demonstrates a key trait of leadership
  • a leader who does not mentor those closest to them will find it hard to progress
  • leaders seek ways to ensure that all are being mentored by appropriate people, and not just through formal programmes
  • leaders make sure the topics being discussed are almost always pertinent to the mission
  • leaders ask for feedback on mentoring they give, and about others who are mentoring
  • leaders set the example to ensure engagement of all
No matter what your situation, you can benefit from a mentor, at work or in outside activities. If you are finding it difficult to achieve something significant, make sure you find a mentor who is willing to give you up to a year (or more) of support. Talk as often or as infrequently as you need to achieve your goals. Thank your mentor and don't be afraid to end the relationship. If it was valuable, you will achieve your goals and then you will probably need mentoring on a different topic. A great mentor will take it is a compliment that you no longer need their help.

You can join our leadership mentoring programmes if you need to accomplish goals with others. Using the power of the internet, the cost is just a fraction of more traditional methods.

We also offer a free mentoring session for people in
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Read 1471 times Last modified on Wednesday, 21 September 2016 06:51

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