Mentoring Vs Sponsorship in Business
How to find a Sponsor
Mentoring and Sponsorship are both essential for anyone wanting to progress their career – mentoring is the process of preparing people to move up the ladder, where as sponsorship is what actually makes things happen. Sponsorship is far riskier. It requires senior executives to spend their own political capital, and even put their personal credibility on the line
Whilst more women than men now have multiple mentors, the percentage of female senior executives still only lies at 15.7% (a 4% increase from 1998) Why? The Catalyst study of 4,000 MBAs of both sexes, argue that one of the main reasons for this is that men are still more likely than women to have powerful sponsors.
“High-potential women are overmentored and undersponsored, relative to their male peers,” Christine Silva, a Catalyst senior director. “Without sponsorship, women not only are less likely than men to be appointed to top roles, but may also be more reluctant to go for them.”
Five ways to find a sponsor:
1. Build on a mentoring relationship.
2. Identify higher-ups who inspire you.
3. Whenever possible, let a potential sponsor see you in action.
4. Suggest improvements in the way things get done.
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