Why Mentorship Matters

After years of operating with lean teams, recent trends like the Great Resignation and quiet quitting have severely impacted the leadership pipeline in many organizations. A strategic approach to this challenge is to engage, train, and prepare future leaders early, and implementing a mentorship program can be a valuable tool in cultivating strong leadership now and down the road.

Mentoring initiatives can seed the succession pipeline and support key talent goals. Here are some key benefits.

  • Retention: You can’t build a succession plan if people don’t stick around
  • Career Development: Mentorship nurtures leadership and soft skills development while helping individuals gain confidence
  • Leveraging Capacity: Managers often have limited bandwidth for coaching
  • Cross-Training: Career paths are often very linear—people tend to stay within departments, moving from operator to supervisor to team lead to manager
  • Cultivating Workplace Culture: Mentorship allows senior staff to demonstrate workplace expectations and sets the tone around communication and collaboration with other employees

 

Read More about Best Practices For Better Mentorship on Forbes →