Business Mentoring is the way forward in leadership development

Aligning people with the business strategy is challenging but necessary. Mentoring can be used to support leaders in their people management role. This is what leaders are required to focus on nowadays to succeed and business mentoring can positively contribute to this. Being guided by a mentor along the path is helpful and statistics support this:

• 67% of businesses have reported an increase in their productivity due to business mentoring (Mentorsme, 2020)
• 94% of employees stated that they would have stayed longer at a company if they were offered opportunities to learn and grow (LinkedIn Learning, 2020)
• More than 4 in 10 workers whose companies do not offer the possibility to have a mentor stated that they would consider quitting a job in the past three months (CNBC, 2019).

Fast-changing business conditions put leaders under pressure. In this context, it is not unusual that these leaders sometimes hit the wall. Business Mentoring is an effective way to help leaders getting over the wall in a fast and pragmatic way by learning from a Business Mentor’s experience and wisdom.

Better leadership is directly correlated to better company performance. Studies show that business mentoring drives a company to positive results. 55% of the businesses that actively use business mentoring confirm that mentoring has a positive impact on their performance (Mentorsme, 2020).

A study done by Harvard Business Review in 2015 found that 84% of CEO’s who went through a mentoring program confirmed that they gained experience in their roles much faster thanks to Business Mentoring. Moving Ahead (2017) found that 87% of mentors and mentees feel empowered by their mentoring relationships and have developed greater confidence.