Customer Success
Unlock Future Potential with Improved Mentorship Program Design for Stronger Leadership Development.
Overview
A Fortune 500 client – with $100Bn in assets under management and 7,000 employees – operate in an environment where industry knowledge is scarce, and executive talent must be built within. They asked us to design and manage a high touch mentorship program to develop leaders for tomorrow. We delivered a program purposefully designed to maximize executive time and connect mentors with mentees in a way that has real pipeline impact.
Industry
REIT
Implementation
5 Months
Scope
Future Leaders
Value Driver
Ability to scale a high-touch mentorship program for future leaders.
Introduction
In today’s rapidly changing business world, organizations need to develop effective leaders to ensure their success in the long term. Mentorship programs are an excellent way to develop future leaders, but finding experienced and willing mentors can be a challenge. Peopletree Group was approached by a client to design and manage an effective mentorship program that connects mentees with the right mentors and helps them build the necessary skills and knowledge to become successful leaders. In this case study, we will discuss our approach to designing and managing an effective mentorship program that connects who counts to what counts.
Challenge
In today’s rapidly changing business world, organizations need to develop effective leaders to ensure their success in the long term. Mentorship programs are an excellent way to develop future leaders, but finding experienced and willing mentors can be a challenge. Peopletree Group was approached by a client to design and manage an effective mentorship program that connects mentees with the right mentors and helps them build the necessary skills and knowledge to become successful leaders. In this case study, we will discuss our approach to designing and managing an effective mentorship program that connects who counts to what counts.
Approach
To ensure the success of the mentorship program, we appointed a Peopletree mentorship coach to support the mentor and mentee throughout the six program. The coach prepares both parties for each session, ensuring that they are aligned and prepared for productive discussions. We also recommend including a program sponsor, usually a divisional leader or executive. The sponsor receives updates on progress and helps allocate resources or create opportunities for the mentee throughout the program.
Solution
The first phase of the program focuses on building trust between the mentor and mentee, defining the scope, and setting boundaries around confidentiality and interaction. The second phase is about engaging in structured conversations to explore the concepts and ideas that are essential to the organization’s success. These conversations include what drives effective leadership, understanding how people are motivated and what behaviours make a good leader, exploring scenarios to understand how well the business is equipped to respond to challenges, and the importance of building and leveraging professional networks and connections to create opportunities.
Results and Conclusion
Our mentorship program is designed to connect future leaders with experienced and willing mentors within a structured system that builds on success and facilitates learning from challenges along the way. The mentorship program provides mentees with an opportunity to learn and grow from experienced leaders and create a path for their career development within the organization.
The results of our mentorship program have been significant, with mentees reporting increased job satisfaction, better communication skills, and a clearer understanding of their role within the organization. Additionally, the mentorship program has helped develop a pipeline of future leaders, ensuring the organization’s success in the long term.
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