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October 18, 2024

The importance of Mentoring for Career Development

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A Gallup (2022) survey of more than 8,000 working adults found that mentors are crucial to shaping the employee experience by fostering commitment and, especially, propelling development. 

But what is a mentor? It is someone who offers advice and guidance to a less experienced person. In a professional environment, they help their mentee succeed by:

  • giving constructive feedback and emotional support,
  • helping them build a professional network, and,
  • guiding them on how to navigate workplace challenges and achieve career goals.

This figure is so beneficial that, although it’s often associated with junior employees, it works for higher levels of leadership as well. According to a survey by HBR (2015), CEOs revealed that mentoring improved their decision-making and company performance. Mentors can help even the most experienced professionals.

Why mentorship matters for career development

If you choose to be a mentee, the viewpoint of a more experienced professional is invaluable. A good mentor will joyfully share what they have learnt so far, including their wins and failures. This information is invaluable for accelerating your career goals, identifying and fixing areas of improvement, and making better decisions.

The mentor can also help you expand your network. They can introduce you to new people, leading to career opportunities, partnerships, or valuable advice. Also, by helping you build these relationships, you learn how to better relate to others and communicate professionally.

Another great benefit would be the valuable feedback that the mentor can provide. They can offer not only constructive criticism and insights but also guidance on how to work on the things that need to be better.

Don’t forget that all the work has to lead to something. Ask your mentor to help you set your career goals, always taking into consideration what it is you want to achieve. Their know-how will help you set realistic time-bound objectives.

The impact of mentorship is supported by data as well. A five-year study by Gartner found that employees with mentors were promoted five times more often than those without. Additionally, these mentees were more likely to receive salary increases; all of these factors contribute to higher job satisfaction and retention rates. This shows what a powerful tool it is for professionals to enhance their careers.

Now that we understand the tangible benefits a mentor can bring, the next step is finding him or her. The one that will support you in your career journey.

How to find the right mentor

To find the right mentor, first ask yourself what kind of support you need; for that, consider where you are in your career and where you want to go next. 

Second, find a person with whom you share interests and who you feel has valuable experience that can nurture you. It can be someone you know: a professor, a manager at work, or someone new who inspires you: alumni or LinkedIn contact.

  • If it’s a professor, you can approach them after class to talk about your career aspirations, listen to their advice and keep developing the relationship.
  • If it’s someone from work, you can help them with a project they are working on to show your skills and interests, and from them develop the goals you want them to help you achieve.
  • If it’s someone new, you can reach out to introduce yourself and ask for help with a specific problem you’re trying to solve.

Third, make sure your prospective person can help you. Check their accessibility, if they are open and available for you. Also, if they have the needed experience to help you in the areas you need. Moreover, it is important to review their ability to provide honest feedback.

Once you’ve found your mentor, the next challenge is developing the relationship for long-term growth and success.

Maintaining the mentor relationship

Building and maintaining a successful mentorship requires nurturing. Be proactive: schedule periodic meetings, share your concerns and ask for feedback. 

Once you’ve reached out to your potential mentors, selected the best suited, and established a relationship, it’s important to set clear goals. Identify where you need their help and agree on a communication schedule.

Let the relationship evolve naturally when a meaningful connection forms. As trust develops, it is easier for both parties to be their most authentic selves and be emotionally involved in each other’s growth. 

Expressing gratitude for their support and time is crucial. A simple thank-you note or an update on your progress can strengthen the bond and show the mentor the value of their guidance.

Remember, mentorship is a two-way street. You may grow and learn, but your mentor will benefit from your fresh viewpoint.

If you want to know more about our Mentoring support, please do not hesitate to contact us.

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