business leaders boardroom series 2012 · business leaders boardroom series 2012 mentoring and...

Business Leaders Boardroom Series 2012Helping you succeed in 2012

Mentoring and BuSineSS CoaChing

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Business Leaders Boardroom Series 2012


To be successful in business, it is important to always be at the top of your game. And while nobody else knows your business as well as you, sometimes it’s hard to recognise new opportunities or more effective business strategies. An external mentor can help bring new direction, a fresh approach or even extra motivation to your business and can help you make significant improvements and achieve new results.

In this Mentoring and Business coaching webisode, we’ll look at how you can significantly improve your business (and personal) progress with the help of a mentor or coach. We’ll explore what you should consider before approaching a mentor, how to identify the right mentor, as well as how to manage the ongoing relationship in order to achieve the best results. Finally, we will discuss what to expect when the roles are reversed and you become the mentor.



Step 1. What is mentoring?Before you can understand how to be a mentor or how mentoring can benefit you, you must understand what mentoring is.

Coaching involves learning and support through teaching or training to achieve a specific personal or

professional result or goal.

Mentoring is an ongoing relationship of learning, dialogue

and challenge. It involves informal communication, usually

face-to-face, over a sustained period of time.

What do you want from a mentor?

GROWTH EFFICIENCY DIVERSIFICATION

It is also important to understand the reason you want to engage a mentor or coach.

Write down the reasons you are considering a mentor and how you would like a mentor to help you achieve your various goals.

Consider the following:• Howdoyouwantyourbusinesstogrowanddevelop?• Whathaveyoualwayswantedtoachievebutneverfoundthetimeto?• Howwouldyouliketodevelopandimprovepersonally?



Step 2. Mentoring for success

What do you want to achieve from mentoring?

• Professional development• System development (document procedures/processes) • Strategies and succession planning • Performance management• Performance improvement• Business management

What would you like a mentor or coach help you achieve in your business?

How could a mentor help you stretch your goals and targets to help you grow your business?

Think about what areas of your business you would like to improve. What actions have youalwayswantedtoimplementinyourbusinessbutnever?

PRODUCTIVITY

DELIVERY

TEAM

EFFICIENCY CONTROLQUALITY CONTROL

CLIENT FOCUSFEEDBACK

PERFORMANCE MANAGEMENTCOLLABORATION



Step 3. Types of mentoring

ONE ON ONE

PEER MENTORING

PERFORMANCE BOOSTS

(SHORT-TERM)

TEAMDEVELOPMENT

ONLINE/ PHONE BASED

Everybody has different learning styles. Therefore, people like to be mentored differently dependingontheirgoalsandexpectations.Whattypesofmentoringwillsuityou?

Think about:• Whatwouldsuityourpersonaltimetable• Howdoyoulearnbest?



Step 4. Find the right mentorMentors can sometimes come about by accident but finding the right mentor can also be a very calculated process.

• The most important thing is to find the right mentor.

Will you use any of the following to find a mentor?

• Research/Networking• Determineyourbudget• Conductatwo-wayneedsanalysis• Interviewcandidates• Referencecheck• Trialperiod• Agreegoalsandreviewperiod• Agreement/engagement

Remember,thereisnoright or wrong way

Take note of the techniques which most

appeal to you



Step 5. The perfect arrangementTake the time to figure out how you will make a mentoring arrangement work.

In order to make the most out of your mentor it’s important to manage the ongoing relationship closely.

Consider the Following diagram:

TRIAL PERIOD

AGREEDGOALS

AGREEDROLES

PERSONALFIT

REGULARREVIEWS



Step 5. The perfect arrangement cont.

PERSONAL& BUSINESS

SUCCESS

REGULARREVIEWS

OPENCOMMUNICATIONKPI’S

Write down some of the key points that are going to make your mentor arrangment work:



Step 6. Being a good mentor

BIG WHY?

YOUR BRANDMANAGEMENTSTYLE

YOURPROGRAMMEYOUR NICHE

Whatifyouarethementoryourself?Ifyoumanagestaffyoumaynotrealiseitbutyouprobably already are!

Howcanyoubethebestmentorandwhatdoesittaketobeone?



Next steps.

1/ ConductaSWOTanalysisonyourbusiness2/ Completeyourbusinessplan3/ DocumentyourJobSpecification4/ Completeagapanalysis5/ Identify the areas where you may need assistance

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business leaders boardroom series 2012 · business leaders boardroom series 2012 mentoring and...

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