Entrepreneur Corey Shader explains how mentorship in business can lead to improved productivity, better engagement levels, and more job satisfaction for employees.
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Mentorship in the business world can be beneficial for everyone involved. Self-made entrepreneur Corey Shader explains why this is the case.
No matter what the industry, having a mentor can be great for the productivity of the business as a whole. The entire business benefits when workers feel that they have someone in their corner to encourage and guide them toward growth.
A survey from Change Catalyst reports that 92 percent of people feel that a mentor has been a valuable asset in their career growth.
This same survey concluded that individuals who have an ally in the workplace are twice as likely to feel like they belong in the business. They become satisfied with the culture of their workplace and with their job as a whole.
A business where the employees feel valued and appreciated will often thrive because its employees are motivated to be more productive.
Having a mentor in the business world can lead to great things for the company as a whole. It reduces the burnout and fatigue that sometimes occur among employees who have worked too many hours with little recognition for their hard work.
With burnout and fatigue on the back burner, it opens the door for employees who have mentors to be more productive and innovative, which feeds back into the success of the business.
Shader also explains that it makes employees more likely to stay in their current position.
Because they are satisfied in the workplace and feel a greater sense of belonging to the organization, they are less likely to walk away for a new opportunity. Employee turnover is drastically reduced when mentors are doing the hard work of investing in their mentees.
Mentorship is key to creating a thriving workplace, and it starts with the executives at the top of the company. They need to lead by example to boost productivity, increase happiness, and reduce the stress levels of their employees through this type of program.
Whether the mentor relationship happens in a one-on-one setting or as a group project, it creates tremendous value for the entire business.
Businesses that want to improve their bottom lines and their work environments need to consider starting mentorship programs to bridge the gap between their top-level executives and front-line workers.
Corey Shader explains that when a healthy relationship can develop at this level, the whole business will see greater workplace engagement, higher productivity, and ultimately a better bottom line.
About Corey Shader
Corey Shader is, first and foremost, an entrepreneur who has founded many notable companies, including Insurance Pipeline Inc.
He is based in the sunny city of Fort Lauderdale, Florida, but his business endeavors reach far and wide across the country. Shader is also a business consultant who values being able to bring out the best in others through customer acquisitions, improved processes, and engineered business success.
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