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April 9, 2020

Meaningful Mentorship Strategies

At this point, “mentorship” has become a business buzzword akin to “disruption” or “deliverable.” People love to discuss the importance of mentorship, but they’re less keen on doing the nitty-gritty work it takes to develop a successful mentorship ...

Amy Vetter

At this point, “mentorship” has become a business buzzword akin to “disruption” or “deliverable.” People love to discuss the importance of mentorship, but they’re less keen on doing the nitty-gritty work it takes to develop a successful mentorship program in their own workplace. Mentorship shouldn’t be haphazard; it should be systematized, and it should be valuable for team members and firms alike. In order to achieve those goals, both mentors and mentees need to approach the relationship with good faith and earnest effort to make a meaningful professional connection.

There are all sorts of reasons (www.cpapracticeadvisor.com/12176118) why you should consider adding a mentorship program to your workplace, but this article is more interested in the how, specifically how mentors and mentee should view the nature of their role. If you are part of an informal, outside-of-work mentorship relationship, these tips will still be immensely helpful to you. If you’re building a structured mentorship program inside your organization, they could be the difference between success and failure. Whatever the nature of the program you create, it won’t work unless people understand the parameters of being a mentor or mentee.

Whether you’re already participating in mentorship or in the process of creating a program for your firm, remember to keep these characteristics in mind.

For mentors:

Being a mentor in an official capacity is not a role to be taken lightly. The first requirement of a good mentorship program is to find mentors who are willing and eager to be involved and engaged. If you or another leader at the firm doesn’t want to be a part of it, they shouldn’t, because being a half-hearted mentor is often worse than not being one at all. As a mentor, you have to take an active role in providing professional development to your mentees. You have to be there to answer questions, share your story, and provide guidance in times of need.

You also have to be willing to listen. One of the aspects that separates mentorship from simple training or management is that it actively invests in its recipients. You can’t successfully mentor somebody if you don’t take their needs into account. If you don’t solicit feedback from your mentees, you don’t know if you’re providing them any value. While a mentor-mentee relationship is obviously a hierarchical one, it should include plenty of open and honest exchange between parties.

For mentees:

On the surface, being a mentee is a pretty simple gig. You show up, you get some wisdom, and you advance in your career. What could be simpler than that? Showing up may be all that it takes to be a mentee, but it won’t make you a good one. If you aren’t dedicated to receiving mentorship, you won’t get much from the relationship except something to bring up during your yearly review.

The people who get the most out of mentorship programs are those who participate as actively as possible. Don’t be afraid to discuss any number of issues with your mentor, from questions directly related to your job to broader big-picture concerns. You should also be open and vulnerable, even when it’s difficult. Your mentor is somebody who’s there to provide an experienced set of eyes and a steady hand, so you shouldn’t ever be afraid to engage them. Talking about your fears, hopes, and aspirations is what having a mentor is for.

For everyone:

Whether you’re a mentor or mentee, you’ll benefit from approaching the relationship with a positive perspective and the desire to build a meaningful bond. When done right, mentorship programs can provide a kind of value that may not show up on the balance sheet, but will make a huge difference in the lives of both parties.

 

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Amy Vetter is a CPA.CITP, CGMA is an accomplished c-suite executive and board member with deep experience in cloud technology and transformation, creating go-to- market (GTM) strategies to scale businesses nationally and internationally.

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Amy Vetter

Amy Vetter

CPA, CITP, CGMA

Amy Vetter, CPA, CGMA, is the CEO of The B³ Method (Business + Balance = Bliss) Institute, where she empowers accounting professionals to transform their firms through connected leadership and client advisory excellence. With over 25 years of experience, including executive roles at global technology companies, Amy blends deep industry knowledge with mindfulness principles to help practitioners create sustainable success. Her Cherished Advisory Services programs guide firms in developing high-value client relationships that drive growth and profitability. Amy is a best-selling author, sought-after keynote speaker, and host of the Breaking Beliefs podcast. She has been repeatedly recognized as one of the "Top 25 Most Powerful Women in Accounting" and a "Top 100 Most Influential Person in Accounting" by industry publications.