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Business

Invaluable Benefits of Mentoring

Richard
Last updated: August 24, 2022 10:38 am
By Richard 6 Min Read
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We all must focus to improve our skills, invest in learning new things on a regular basis, and challenge ourselves in both our personal and professional lives. This obviously necessitates some dedication, and life frequently interferes with our efforts to better ourselves.

Having a mentor, or someone who can help guide, counsel, and teach you through a difficult time or towards a goal, is one way to stay on track.

Mentoring from a mentoring platform has the potential to accelerate our self-improvement, professional advancement, and overall confidence. Given how highly mentorship is regarded and recommended by so many successful people, it’s somewhat surprising that only 37% of professionals have one.

What benefits does mentoring provide?

Mentoring from a mentoring platform has numerous positive effects on both the mentors and the organisations for which they work. The benefits are numerous, ranging from promoting inclusion by exposing people to new ideas to increased opportunities for promotion for both parties.

This article will look at all of the benefits for mentors, mentees, and businesses, as well as a few more specific benefits with research to back them up.

Advantages of mentorship for personal development

  • People who have mentors from a mentoring platform benefit from increased self-confidence, whether it’s the ability to speak up for themselves in difficult situations or to express ideas in meetings with ease. As their mentee’s success validates their abilities, mentors experience an increase in self-confidence, which leads to an increase in confidence.
  • Improved self-awareness: Before discussing your goals with someone you admire, you should conduct thorough self-evaluation of your strengths, weaknesses, and values. As a result, people who receive mentorship from a mentoring platform are more self-aware than those who do not, and self-awareness is extremely beneficial for professional advancement.
  • Exposure to creative ways of thinking: The mentoring process exposes both the mentee and the mentor to new concepts and paradigm-shifting approaches to problem-solving or thinking. This could have a long-lasting innovative effect on both parties.
  • Giving and receiving feedback is essential because it helps us all improve, but we probably don’t ask for it enough. Similarly, managers everywhere struggle to provide honest and useful feedback. Individuals can improve their relationship with criticism through mentoring.

Advantages of mentorship for professional advancement

  • Promotions: Those who receive mentoring from a mentoring platform are five times more likely to receive promotions than those who do not.
  • Job fulfilment: Achieving your goals gives you a sense of accomplishment and fulfilment. Because mentors from a mentoring platform frequently assist mentees in achieving their career goals, job satisfaction naturally rises. People who mentor see their work as more meaningful, and as a result, they report higher levels of job satisfaction and fulfilment than those who do not.
  • Personal network: People who have mentors from a mentoring platform should broaden their personal networks beyond their professional networks. A mentor can introduce you to a wide range of influential and inspiring people who may have an impact on your future career.

Advantages of mentoring for diversity exposure to new and unique perspectives

  • Every interaction with someone from a different background and with a different life experience teaches you something. Having the opportunity to learn with someone else in a safe environment, whether it’s directly about the industry you work in or about society as a whole, can have a significant impact on inclusion.
  • Empathy, cultural competency, and self-awareness: Empathy, self-awareness, and cultural competency will improve if these dialogues are widely held within your organisation, which can promote a more inclusive work environment.
  • Employee engagement and retention: Because mentees and mentors report higher levels of job satisfaction and fulfilment than other employees, mentoring naturally has a positive impact on employee engagement and retention.
  • Recruitment: Many workers, particularly millennials, who have grown accustomed to employers providing mentoring and development opportunities, find mentoring programmes to be an appealing workplace advantage.

Important Takeaways

A good mentor who is from a mentoring platform pushes you out of your comfort zone. They boost your self-esteem and confidence. They provide information and guidance to assist you in overcoming obstacles in your path. They help you with your personal and professional development in ways that would be impossible without them.

Few corporate programmes cover as much ground as mentoring in terms of employee development and fulfilment. Businesses that fail to embrace the benefits of mentorship are passing up a golden opportunity to be more than just a location to be paid.

A mentor can help you in a variety of ways, from imparting knowledge and assisting you in goal setting to providing a third-party perspective. All you have to do is request advice and demonstrate an interest in hearing it. After all, seeking advice from a more experienced individual will always allow you to achieve outstanding commercial results.

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