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Mentoring

There may be some members, who would find mentoring a valuable experience.  This can be a more structured mentoring programme (laid out below) or something more informal, such as a meeting or call to support an individual looking to apply for a role, for example.  Whether it is ‘light touch’ or more structured and over a longer period, the same principles should apply. 

What is a Mentor? Someone who can share their experience and give insight as a trusted advisor.  Someone who can facilitate a mentee to find their own solutions.

What is a Mentee? – someone who seeks valuable advice and support from someone more experienced to develop personally or professionally. 

What are the benefits of mentoring for a mentee? 

  • A source of guidance and a different perspective.
  • Provides a safe space to discuss new ideas.
  • Helps with problem solving.
  • Personal reflection outside of the day job.
  • A source of stretch and challenge.
  • Access to new and different information.
  • Develops your network.

What are the benefits of mentoring for a mentor?

  • Refreshes the mentors learning.
  • Satisfaction of helping someone and their development.
  • An opportunity to be challenged and see a different perspective.
  • Opportunity for time out of the day job and to reflect.
  • Satisfaction of improving the sector.

The role of the mentor…

  • Set out your time commitments and availability upfront.
  • Be clear about your experience and where you can or can’t support.  
  • Willing to commit some of your time (to be defined with the mentee /mentor upfront).
  • Ask questions about the mentee to understand them and the challenge they face.
  • Be open and honest and willing to share both the challenges and highlights.
  • Challenge the mentee by asking open and probing questions
  • Recognise that what works for you, may not be applicable for the mentee.
  • Keep the conversations and any outputs from these confidential between yourself and your mentee.
  • Be constructive.

The role of the mentee…

  • Be clear about what you need support on and the outputs you require.
  • Accept that a potential mentor, may not be the right person, don’t fit your challenge to suit a mentor.  Be prepared to seek support elsewhere.
  • The level of time you require from your mentor and if this can be via telephone or in person.
  • The mentee should drive the agenda and arrange the meetings / calls.
  • The mentee should bring the topics and challenged to be discussed.
  • Prepared to be challenged and think of your own solutions – you will not simply be given the right answer
  • Think about how any suggestions may apply to your issue and circumstances, the solutions may be very different.

If you are interested in having a mentor or a ‘light touch’ conversation, please get in contact with RachelWe have a number of Finance Leaders who are happy to support in this area.

 

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