Mentoring for the investment management Industry
Mentoring Benefits for Mentors, Mentees and Your Business
Benefits for your Business
- Enhance your diversity, equity and inclusion programme: mentoring has been shown to significantly impact career development for underrepresented groups, providing them with the support and guidance needed to navigate professional challenges
- Ability to offer your employees access to external mentoring: this is increasingly expected by employees, especially millennials and Gen Zers
- Benefit from knowledge sharing, which can improve processes or offerings and serve as a source of innovation for your business
- Both mentors and mentees will grow from the mentoring experience, benefitting your business in multiple ways: improved internal working relationships; increased emotional intelligence; greater understanding of cultural/background differences between employees
- Employees with mentors are happier in their current job than those without
- Increased employee engagement, retention and well-being
- Increased productivity
Benefits for Mentors
- Improve and enhance your leadership and influence skills
- 'Give back' or 'pay it forward' and help to develop future talent
- Learn from your mentee who may be able to educate you in multiple areas, including trends in technology and social media, or cultural and background differences and challenges
- Increase your emotional intelligence which could improve your relationships in the workplace
- Gain new insights into your job role, career and how other businesses operate or solve issues
- Develop new skills for your CV
- Opportunity to grow your network
Benefits for Mentees
- Access to a mentor who will have experience in an area which is of interest to you/in which you currently work
- Increase your confidence through guidance and support from your mentor
- Ability to set the agenda with your mentor: you decide what you want to get out of the mentoring relationship; you can set objectives that are important to you
- Knowledge sharing
- Working collaboratively with your mentor to achieve your defined objectives
- Access to someone who will listen to you, take time to understand your background and career to-date and help to guide you
- Managing your career and working out where you want to go
- Opportunity to grow your network and contacts
- Gain new insights into your job role, career and how other businesses operate or solve issues