Benefits of mentoring

Benefits of having a formal mentoring program (which can be implemented informally as well) are overwhelming. They range from knowledge management, transfer and retention; ideas exchange to development of employees and future leaders. Having said that, the most important ingredient for mentoring to be successful is willingness of both parties to participate. You can’t and shouldn’t force it, but rather …

When possible, promote from within

When possible, promote from within as this keeps employees motivated and it shows there’s room for growth and opportunities. Organizations should also focus on mentoring employees by helping them discover their strengths. Additionally, promoting from within will greatly aid in creation of the culture of collaboration, effort, commitment and the overall success. Having said that it is important to note …

Building effective advisory boards

Effective and valuable advisory boards much have a purpose and provide measurable contributions to the top management teams and organizations as a whole. While in some companies certain folks are invited to join boards simply because of their name and popularity (which can be beneficial) in most instances you want members to contribute. Contributions of effective advisory boards can vary, …

Leadership styles

Most of us are familiar with or have at least heard of the 6 overarching leadership styles: Authoritarian Paternalistic Leadership Democratic Laissez-faire Transactional Transformational And while each of them have their followers I have to say that none of them is “head and shoulders” above the rest and here’s why. Leadership styles or approaches, even strategy depend on the environment …

Never stop learning

Learning is essential and as such should never stop. Do what you can to broaden your horizons each and every day; learn something new and don’t forget to contribute to your respective areas and professions as well. Educate yourself formally and informally, get involved (attend conferences, seminars; read books, journals, websites…) and expand your experiences. Do all of this with …