Mentoring Initiatives To Seed the Succession Pipeline and Support Key Talent Goals

Why Mentorship Matters

After years of operating with lean teams, recent trends like the Great Resignation and quiet quitting have severely impacted the leadership pipeline in many organizations. A strategic approach to this challenge is to engage, train, and prepare future leaders early, and implementing a mentorship program can be a valuable tool in cultivating strong leadership now and down the road.

Mentoring initiatives can seed the succession pipeline and support key talent goals. Here are some key benefits.

• Retention: You can’t build a succession plan if people don’t stick around
• Career Development: Mentorship nurtures leadership and soft skills development while helping individuals gain confidence
• Leveraging Capacity: Managers often have limited bandwidth for coaching
• Cross-Training: Career paths are often very linear—people tend to stay within departments, moving from operator to supervisor to team lead to manager
• Cultivating Workplace Culture: Mentorship allows senior staff to demonstrate workplace expectations and sets the tone around communication and collaboration with other employees

Read More about Best Practices For Better Mentorship on Forbes →