Why does ‘mentorship’ (or whatever you want to call it) matter?

For one, leadership can be a lonely place. It also comes with making big decisions — the ones that affect people, customers and the success of your business. The most successful leaders build the habit of thinking beyond their immediate four walls and know when to access the experience of others.

Whether you call it ‘mentoring’, ‘coaching’ or ‘consulting’, having the right person to support at key moments is what it is all about; how they can help should be about what is needed.

Having a no-nonsense, trusted relationship like this can be transformative, offering invaluable guidance, support, feedback and insight. Getting access to experiences and wisdom, helping navigate challenges, avoiding common pitfalls and making informed decisions can be the things that make the difference. Utilising those who have been there can genuinely help you get there more effectively.

The benefits of mentorship

Even the most experienced business leaders can benefit from mentorship — helping them achieve better results for their employer and shareholders, fellow employees and for themselves.

So, where is the evidence?

Research shows that collaborative problem-solving leads to better outcomes. It is also proven that senior leaders who feel supported are more likely to take calculated risks that often lead to innovation and outperformance. In entrepreneurial businesses, calculated risk-taking is vital to deliver the alpha of performance.

The benefits of a mentor can fall within the categories of:

  • Personal development/growth.
  • Better understanding of the business’ stakeholders (and more positive engagement).
  • Better decision-making through the mentor’s useful experience.
  • Improved job satisfaction.
  • Reduced stress and a better work/home balance.

A carefully selected mentor with a wide breadth of practical experience across industries will both challenge, develop and support a senior business leader.

This is precisely what we do — combining our experience and skills with a no-nonsense approach. We have supported (and continue to support) a number of high-quality people through strategic shifts, execution plan refocusing and their own personal development. Contact us today to find out more about how we can help you and your business.