What if I told you the fastest way to develop rising talent within your organization is also the most affordable?
What if I told you it was also a critical factor in pushing back the lethargy and inertia that caused once great organizations to lose their way?
What if hidden strategy also created greater fulfillment in and engagement from your best people?
How would greater creativity and initiative, faster training, and fewer mistakes impact your bottom line?
Would you believe me if I told you that you don’t have to spend an extra dime to do it?
And what would happen if you could altogether remove the generational and divisional gaps (or chasms) within your organization?
Does it sound too good to be true?
You can achieve all of this and more through mentoring and coaching.
Wait a minute
Now you may be thinking, “Wait a minute, Scott. You said this wasn’t going to cost any money, and I know great coaches aren’t free.”
If so, you have a point. Over $1,000,000,000 will be spent on personal coaching this year. That’s one billion dollars, much of it spent by businesses hoping to help their employees become more effective, develop their leadership skills, and work well with others.
I’m a strong proponent of coaching. I believe every single person can move toward their goals faster with a coach. That’s why I spend every day matching organizations with the right coach for their specific needs and training coaches and consultants to make a massive impact when they work with an ROI that is more than 10x what they charge.
You have a distinct advantage
But if you have more than one employee (yourself), you have a distinct advantage. And that advantage grows exponentially with every new employee you add.
What is this advantage? You don’t have to look outside your organization for a coach. You don’t have to pay anyone to come in and help. You already have an entire pool of mentors and coaches to choose from within your organization. And it’s a win for everyone.If you have more than one employee (yourself), you have a distinct advantage. You already have an entire pool of mentors and coaches to choose from within your organization. And it's a win for everyone. Click To Tweet
- For the mentor: They get a chance to pour into someone else’s life. Few endeavors in life are as fulfilling as making someone else’s life better, allowing them to learn from your experiences and avoid making the same mistakes you made. They also get the added confidence of knowing you trust them to mentor others.
- For the mentee: They get a chance to learn from someone who has been there and done that, someone they admire, someone who isn’t assessing them on their performance but is deeply committed to their improvement. They get to learn faster and avoid some of the more painful learning experiences life and work have to offer.
- For you: You get a more engaged and inspired mentor and mentee. You get a more effective organization. You get more creative problem-solving, greater commitment, and higher collaboration.
It doesn’t cost anything, but it’s not free
If it doesn’t cost anything, and it’s a win for everyone, then why isn’t everyone doing it?
Great question! If you figured it out, let me know!
Just kidding. We all know why. It’s because we are distracted by the whirlwind of our daily grind. We have meetings to attend, tasks to complete, objectives to reach. Very few slow down enough to recognize the latent potential throughout their organization, let alone create a structure to tap that potential.
It’s hard work fighting inertia. But, creating the space and time for mentoring and coaching to take effect requires saying no to pressing matters and important endeavors.
And so we all cruise on.
And then we wonder why our people are bored, why they leave for other organizations, or, somewhat ironically, why our most faithful, long-time employees and leaders leave to become coaches.
So, while you don’t need to go out and spend any money, it will cost you something. You’re going to need to spend the time to create a structure, set aside the time for the mentoring and coaching to take place, and put in the effort to get traction and momentum working for you instead of against you.
And if you do, you’ll discover the rather remarkable power of mentor and coaching to secure your future success as individuals and as an organization!
Securing your future success
In this series, I will share with you five ways you can secure the future success of your organization with mentoring and coaching.
- Creating a high-quality orientation experience through relationships
- Building an internal mentoring culture that defines who you are and how you work as an organization
- Leveraging peer mentoring to create more significant growth for everyone involved.
- Relieve pressure and improve creativity through coaching outside the line of command
- Break down the “us and them” barrier that creeps in and surrounds senior leadership by involving them in the process as well.
Together, these five strategies will allow you to create a world-class mentoring and coaching program – one that will reinvigorate your organization and restore and retain your competitive edge and ensure that you’ll continue to innovate and lead the market well into the future!