In today’s competitive global market, talent is the most important asset an organization has. Employees are the face, the voice, and the overall personality of an organization. Through them, a company communicates with potential and current customers, achieves sales, and grows.
One of the most important strategies in your business development should be a mentoring program because it applies in a variety of ways to developing your talent. Here are 3 reasons to make mentoring part of your business development strategy:
- Mentoring is a great tool for onboarding new employees that you’ve invested money in recruiting by linking them with a mentor who takes a personal interest in their career and can help them with the challenges in their career.
- Successor plans should always include a mentoring program because it deepens the development of the mentoree by exposing them to the experience and knowledge of the company’s experts.
- With baby boomers retiring, companies are losing the expertise that these individuals have at an alarming rate. Mentoring allows a company to institutionalize that knowledge to the younger generation that is responsible for the company’s future success.
So when thinking about business development, think about mentoring as a partner for your future success.