Money Matters: Mentoring – the key to professional success for everyone | News, Sports, Jobs


Would you like to increase your chances of career advancement? Join the mentorship! one to learn found that mentors were six times more likely to be promoted than their non-supervising peers and mentees were five times more likely to be promoted than their non-supervising peers.

Mentoring not only benefits the mentee, but also the mentor and the entire organization. Let’s take a look at why you should consider getting involved in mentoring, no matter the stage of your career.

Benefits for the mentee

Mentoring offers the obvious benefit of expanding your professional network – crucial in a world where knowing people really helps you navigate the career ladder! But how else can mentoring help an eager professional grow?

First of all, mentors can help you overcome (and avoid) obstacles in your career. With a practiced eye for spotting industry trends, mentors can help you make productive career decisions that best align with your goals. And if you’re stuck at a career roadblock, chances are mentors have had some failures under their belt and can help you overcome yours.

Likewise, mentors can help you identify development goals. As states: “Beginners in the workforce may lack self-confidence and may not have a good understanding of their professional strengths and weaknesses. Mentors can also be helpful in identifying critical skills for the mentee’s potential future roles.” Mentors may identify professional blind spots that give you a more complete picture of how best to develop your potential.

Another important benefit of mentoring is that it can help you develop and refine your leadership philosophy. Working life will test you ethically and morally, and finding the best response can be difficult in many cases. A good mentor can be a sounding board to help you overcome dilemmas and refine your thinking about scenarios you might face. These discussions can help you become more confident when faced with difficult decisions.

Benefits for the mentor

Mentoring is not just for mentees – mentors also benefit from it. Mentoring provides a great opportunity for self-reflection and motivation to keep up with industry trends. Here are some other ways you can benefit from being a mentor.

First, being a mentor adds to your qualifications. You already have a pretty solid resume and adding mentoring experience shows that you have valuable knowledge to share and that you value building professional relationships.

In addition, you can learn from your mentee’s background and insights. If they’re from a different industry, it can help broaden your perspective. If they are younger, they may have some knowledge and skills that you are still working on.

Finally, mentoring can bring a satisfying sense of accomplishment that is really important in your career.

“Knowing that you’ve made a positive impact on someone’s life or career can give you a good feeling,” the editors of “If you received mentoring early in your career, mentoring can provide an opportunity to pass that on. And one day you can inspire your mentee to do the same for someone else.”

Benefits for your organization

The benefits of mentoring spread outward from the mentor-mentee relationship to the entire organization.

“When you participate in an employer mentoring program, you use your knowledge and experience to empower their employees,” it says “When these employees understand the expectations of their roles and develop positive work habits, they can become more efficient and productive. In addition to positive business outcomes, these skills can develop a positive culture and more effective collaboration.”

A strong culture makes all the difference to your company’s success, and mentoring can help you get there. Being a mentor builds better leaders, and mentoring helps mentees become better team players. Mentoring programs promote a culture of learning that helps all employees to continuously achieve their full potential. Conclusion: Mentoring isn’t just about advancing a person’s career – it’s about multiplying individual success in a way that benefits everyone.

Peter Ord is the founder of GuideCXa customer implementation and onboarding project platform based in Lehi, Utah.


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