- Change for the better and sticking to it
- Mentoring future leaders and strategic alignment
Successful people have an intense need for self-determination. They believe they do what they do because they choose to do it – not because they have to do it! The more successful someone is, the more likely this is the case. These two characteristics are connected. When we do what we choose to do, we’re more committed to it and enthusiastic about it. When we do what we are expected to do or even forced to do, we merely are compliant and more apt to go through the motions just to get it done. Our intrinsic motivation is more important than money.
In a weird way, the more we believe our behavior is a result of our own choices, the less likely we are to find behavioral changes desirable. Our brains and perception of ourselves and others can trick us into not making the change we need. Read more on how those behavioral changes are the very keys to our success as leaders.
Check out our new Change Management E Learning training which makes a great pre or post training for in-classroom management and leadership training. It provides just-in-time training with leaders such as Intel co-founder Andy Grove and executive coach Marshall Goldsmith.
More and more organizations are integrating mentoring as part of their leadership development initiatives for some pretty compelling reasons.
1. Mentoring drives recruitment of future talent. While Boomers exit the workforce, another door has opened and almost 80 million millennials are in or entering the workforce. Many of them will become future leaders and are already convinced that having a mentor is their ticket to success. They are looking for employers will provide them that opportunity. As an example, Hinda, a recent MBA graduate from a prestigious eastern school, had four job offers waiting for her when she graduated. The company she ultimately chose offered to pair her with a mentor from the moment she walked in the door and throughout her career.
2. Mentoring contributes to increased retention rate of leadership talent. Almost all successful leaders can attribute their success in whole or in part to the mentors who have supported their growth and development. When leaders feel that someone has a vested interest in their success, they are more likely to tough out the hard times and work through difficult issues.
Bob stood up at our workshop and proudly declared, “I would not be a company leader today if it hadn’t been for my mentor who cared enough to help me get out of my own way and provide me with honest, straightforward, no-bull feedback.”
Read more for the other three reasons mentoring is a low-cost way to train emerging leaders and boost the bottom line.