Tag Archive for: mentor

Voice of Experience: Beth Renner, National Director of Philanthropic Services, Wells Fargo Private Bank

Beth Renner featured
As a mentor, Beth Renner knows that women often need to find their voice—and when they do, it can be a powerful booster charge to their career.

As she recounts, she was recently working with a long-term mentee who had finally applied for a position. When Renner had asked why she had hesitated, the mentee said she believed she didn’t have the entire skill set, but as they walked through the skill set and experience, it became clear that the position was a perfect fit. “Sometimes the biggest challenge is the messages we tell ourselves.”

Finding the Ideal Niche to Blend Personal and Professional Interests

Renner’s clear confident voice has brought her a 28-year career in the financial services industry, during which she has essentially touched every part of a financial services company. She started on the retail bank side as a personal banker; then was a credit officer with a small business lender; went into the fiduciary side as a private banker and trust manager, where she subsequently oversaw the fiduciary investment and brokerage side; and for the past eight years has worked in philanthropic services, where she currently has $26 billion in charitable assets under management for clients.

“The lifeblood of our business is the advice we provide our clients around their donations and assisting nonprofits in making sure they are sustainable,” Renner explains. Having always been personally involved in charitable work with both her time and treasure, the chance to marry that in her professional life is the achievement of which she’s most proud.

“For me it’s not about achieving a certification or designation, but about what I do every day, and I’ve really found a home for myself in this area that allows me to align my personal and professional values,” she says.

A Sea Change in the Philanthropic World

As the country prepares for an impending generational “wealth transfer,” Renner finds several themes consistently emerging. First, as a matriarch or patriarch who is naturally at the maturing point is engaging in legacy planning, they are asking how they can ensure that their values will be represented. The goal is to engage multiple generations from the family in their philanthropic pursuits.

Others are wrestling with the question of how much to leave their kids and wondering how to engage philanthropy as a tool to stave off entitlement.

“Donors are viewing themselves as an investor in these causes more than ever before, and we are adjusting the advice we provide them to create a more disciplined process.” To that end, she has helped develop a series of philanthropic planning modules that they are currently honing through focus groups, and she looks forward to rolling them out. “It’s a pleasure to be able to work more deliberately on these issues and adjust our business to how our clients are telling us they need counsel.”

Renner has become attuned to the absolute value of listening with intention and mindfulness which is helping inform this new initiative. When her father passed away shortly after she turned 50, she hit a point of reflection. “It causes you to look at things differently, and one of the things that has stuck with me is the art of listening and how it helps you understand others and yourself. Being mindful means that if I’m in a situation where I’m listening to clients or my team and find myself having an internal reaction, it spurs me to dig deeper to figure out where it’s coming from.”

Finding a Mentor Helps Your Career Path

One thing Renner learned from her mentor early on in her career was to focus on developing transferrable skills. For example, you don’t just want to be an expert in credit analysis, but you need to know how to solve complex problems. “In any position, consider what skills you can learn that you don’t yet have or want to cultivate,” she says.

And today she encourages women to be intentional about mentoring other women. “Don’t wait to be asked; when you see someone with potential, proactively reach out to them,” she suggests. That’s because we all are a collection of our past experiences and to give someone that gift of your accumulated knowledge will allow them to make progress faster.

She takes that outlook to her work on Wells Fargo’s Women’s Team Member Network, a diversity and inclusion employee resource group she finds valuable for its focus on broadening everyone’s lens around diversity and how to foster and develop it.

Her outside philanthropic pursuits are a perfect match for her professional life: She is absolutely passionate about the American Red Cross, and is the national chair of the women’s giving group called the Tiffany Circle. The group has flourished in five different countries, and in her role she helps develop the strategy around mobilizing this women’s segment. “A lot of the work I do at Wells Fargo helps the Red Cross with their fundraising and stewardship because I can share national trends and the emerging role that women are playing in philanthropy,” Renner says.

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6 Ways to Mentor Others to Change their Trajectory and Yours!

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women working mentoring
In all great ‘mentor-mentee’ relationships, both lives are changed for the better.

As a mentor, not only can you share your experience to benefit another, you also gain from their unique perspectives and insights that differ to yours. Mentoring is a two-way street where, if maximized, can contribute to both you and your mentee’s growth and success in surprising ways.
If you desire to create successful mentoring relationships, here are six essential “do’s” and “don’ts”:

Tip 1: Don’t advise

Considering the traditional meaning of mentor is “advisor,” shouldn’t the one thing a mentor definitely be doing, is giving advice? Sharing your experiences and making suggestions is not a bad thing, but a truly empowering mentor knows that what creates more than giving someone an answer, is asking them questions. Asking questions allows you to invite the unique leadership capacities of another to come to the fore, rather than mirroring yours.

What if it was never about getting someone to do it your way? Even when someone comes to you for advice, ask them simple questions like, “What do you know about this?” “What are you aware of that’s required here?” and begin empowering them to find their own way.

Tip 2: Do Inspire

Inspiring others is ten thousand times more effective than advising them. By you not holding yourself back from being successful, being committed to never giving in and never giving up – and going for it with the speed, perseverance and determination you do – you become an inspiration for others to go as well.

Inspiring rather than advising also helps you avoid the trap of trying to get people to become more than they are willing to be. Most times, you want more for other people than they want for themselves. Trying to be the motor for people that don’t want to go takes a lot of energy and doesn’t lead anywhere.

Put your energy towards those you know can and will go further. Ask yourself: What unstoppable greatness can I choose to be to inspire others? Who can receive my contribution? Who is willing to be successful? Asking these questions will make you aware of those who can go and those who can’t and where you can make the greatest difference.

Tip 3: Don’t set goals

Particularly in a business mentoring relationship, the expectation is for the person you mentor to succeed by setting goals and attaining them with your help. The danger of setting goals however, is clearly indicated in the origin of the word, meaning “gaol” (a limit or boundary). With goals, your sights are fixed on an outcome. You become hyper-focused and invested in that result, excluding any new information that potentially threatens it – even if it would mean a change for the better.

Do set targets

Instead of identifying fixed goals, create broader targets of what you would like to achieve. Unlike goals, Targets are movable and more flexible. You can shoot at them numerous times and you can adapt and change them. As you create a project or run a business, you have to be open to constant change and re-evaluating your targets to match the next level of where you want to go.
Ask yourself every day: What is my target? Is it still relevant, or do I need to change it? Adaptability is a highly desired and required leadership skill. By setting targets in your mentoring relationships, you will increase your ability to use adaptability to create greater than expected.

Tip 4: Don’t visualize

Visualizing is great, but it has one big limitation: your mind. When you visualize, you can only see as far as your brain’s capacity to visualize things. It cannot go beyond that. And there is much more available than what your mind can come up with!

Tip 5:Do actualize

Actualizing is not just about visualizing or talking about what you desire, but making it show up in physical reality. Trajectory change occurs when you actualize beyond what you can visualize, and it starts with a question. Ask: What can I truly create that is far greater than I can imagine? What steps can I take today so that what I am asking for can come to fruition? What action is required for this to actualize?

A question takes you beyond your mind and imagination. It takes you beyond definitions – definitions of success, of what is possible for you, your business, or another person. Definition by definition alone is a limitation. If you don’t define your future, your success, your capacities – there are no limits to what you can achieve.

Don’t forget to allow mentoring to be easy! Successful mentoring should not be all about what you do, but about what you choose to be in the world and with others that creates the future you would like to see.

Guest Contributions are not necessarily representative of theglasshammer.com’s views. We have no formal or informal connection with our guest contributors.

About the author

Susanna Mittermaier is a psychologist, psychotherapist and author of the #1 international bestselling book, “Pragmatic Psychology: Practical Tools for Being Crazy Happy.”  A sought after public speaker, Susanna has been featured in magazines such as TV soap, Women’s Weekly, Empowerment Channel Voice America, Om Times, Motherpedia, Newstalk New Zealand and Holistic Bliss. Susanna offers a new paradigm of therapy called Pragmatic Psychology and is known for her ability to transform people’s problems and difficulties into possibilities and powerful choices. Follow on Twitter @AccessSusanna.

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Mentoring Professional Women at Work while Navigating Sexual Politics

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women working mentoring

By Cindy Krischer Goodman

The number of male managers who are uncomfortable mentoring women has more than tripled in 2018, with one in six male managers now hesitant to mentor a woman, a recent survey by the LeanIn.Org and SurveyMonkey found.

The survey results, considered a backlash from the wave of sexual harassment allegations known as the #MeToo movement, have sparked #MentorHer, a new campaign by LeanIn.Org. Sheryl Sandberg, COO of Facebook and founder of the nonprofit LeanIn.Org is calling for male managers to commit to mentoring women as a crucial component for equality in the workplace.

“We are at a pivotal moment,” Sandberg’s LeanIn.Org has announced. The #MentorHer campaign comes as the world celebrates International Women’s Day, a global celebration in March to celebrate the achievements of women. This year’s theme is a call to press forward and progress gender parity, a message Sandberg’s campaign embraces.

So far, Sandberg’s #MentorHer campaign has the backing of more than 38 prominent leaders and CEOs, including Disney’s Bob Iger, General Motors’ Mary Barra and Netflix’s Reed Hastings, who have committed to mentor women within their organizations.

The #MentorHer campaign is call to action to keep progress moving forward in advancing women to leadership positions. In a study on men who mentor women , The Harvard Business Review found receiving mentorship from senior males can increase compensation and career progress satisfaction for women, particularly for those working in male-dominated industries.

Why is Mentoring Important?

Maria Bailey, CEO of BSM Media, a 20-year-old social media and marketing firm, received mentoring from a half dozen male business leaders during her career. The mentoring, she said, helped her rise within the corporate environment of large public companies, and later succeed as a business owner.

“The best mentorships are based on shared values and professional chemistry,” Bailey said,

“Some men may be afraid now, but that will weed out people whose intention is not as strong in creating a mutually beneficial mentoring relationship. If a man really wants to help a woman grow her business or grow in her career, he will do that because great leaders are fearless leaders.”

Business executive Erin Knight, founder of a LeanIn Circle in Miami, said mentoring programs formed by corporations embolden female employees to become leaders but need protocols in place to encourage participation for both the mentor and the mentored. She comments, “I believe this will allow men to feel more comfortable participating.” At the same time, she said, “Women should continue to conduct themselves in a professional manner and seek the support of both males and females who share the same degree of integrity and professionalism.”

LeanIn.Org’s new survey findings on male hesitation to mentor females come as women already are underrepresented in most organizations, especially at senior levels. If fewer men mentor women, fewer women will rise to leadership, according to the organization’s findings.

On its website, LeanIn suggests men find at least one woman to mentor. Once identified, the organization advises the mentor to take give women specific input on the skills they need to build, give women skills-based feedback to improve their performances, put women’s names forward for stretch assignments, advocate for and open doors for women, and include women in opportunities to build valuable relationships.

Mentoring is on the Rise

Corporate mentoring is on the rise with about 71 percent of Fortune 500 companies offer mentoring programs to their employees, according to a study of workplace mentoring programs by Chronus, provider of talent and career development software. The study found the mentoring programs led to salary grade changes, higher retention rates and more promotions for the mentee and the mentor.

The benefits of mentoring are clear but evidence documented over the last ten years suggests sponsorship can be even more important because it entails people advocating for you as well as offering advice. Workplace experts consistently find mentorship and sponsorship play a key role in promotions and raises, stretch assignments and flexibility.

Unfortunately, women are 54% less likely to have a sponsor and 24% less likely to get advice from senior leaders, according to Lean In research.

The nonprofit has concluded that we all benefit when a colleague shows us the ropes and sponsors us for new opportunities; particularly when they’re more senior, as men often are.

What Stops Men from Mentoring Women?

The 2018 Lean In survey found half of male managers are “uncomfortable” working alone with a woman. According to a story we wrote in theglasshammer.com in 2013, the Center for Talent Innovation report named The Sponsor Effect, states that “senior men shy away from mentoring or sponsoring junior women because of assumptions about what that relationship entails. “

In a Harvard Business Review blog post, Sylvia Ann Hewlett, founding president and CEO of the Center for Talent Innovation, writes, “However, fear of being even suspected of an illicit sexual liaison causes 64 percent of senior men to pull back from one-on-one contact with junior women; conversely, for the same reason, 50 percent of junior women are hesitant to have one-on-one contact with senior men.”

How Can We Help Men Get Involved?

Adam Grant, an organizational psychologist, Wharton professor and business book author, has a few ideas. In his LinkedIn article titled Men Are Afraid to Mentor Women, Grant said men should hold themselves (and each other) accountable for parity, such as including women in meal outings. He also suggests men avoid running from discomfort and talk to women about what makes them comfortable or uncomfortable. Lastly, he advises men to mentor women in small groups if they are terrified of one-on-one.

Richard Outram, CEO of Financial Acumen, a financial consulting and leadership development firm, said he has and will continue to mentor women. Outram, a former executive at Burger King Corp, Sunglass Hut International, PRC LLC and PricewaterhouseCoopers, believes men who understand the value of the male/female mentoring relationships will continue as well. He states, “It’s eye-opening at times to put yourself in a female’s shoes. Women and men are wired in different ways and we can learn from each other.”

Outram said while some men may be reluctant in the wake of the #MeToo movement, more corporations are making diversity a priority and comments,

“A lot of companies are putting structure and accountability around mentorships to ensure they continue to happen,” He continues, “I won’t say it’s critical for a female to have a male mentor to get to the C-suite. There are female superstars who have made it on their own. But there are a ton of egos in the workplace, so you want a mentor who will help you through the challenges and do it with the right mindset.”

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How to Mentor Millennials

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millennials-featuredGuest contributed by Sarah Landrum

Having a successful protégé reflects well on you and adds to the progress of professional women everywhere. So mentally brace yourself for the mentor/mentee relationship.

Remember what it was like to be an inexperienced person? Once you are mentally prepared to start molding a successful protégé, you must then prepare yourself for the patience it will take to get started.

Whether or not you had a mentor when you were younger, you can still relate to the feeling of being the new person in the office. As someone who has now been in the grind for years, you may have a tough time knowing where to start with your mentee. Well, think back.

When you were the new person, what qualities did you appreciate in your colleagues? Most likely, you wanted to work with those who:

  • Were patient with you
  • Answered your questions
  • Never treated you in a condescending way
  • Offered their assistance when they sensed conflict or concerns
  • Took a genuine interest in your work and well-being
  • Helped you to reach your goals
  • Took notice of things you did well, and made helpful suggestions on things they saw that could be improved

Now that you’re on the other side of the mentor/mentee relationship, you can make good use of these memories.

With your mentee, discuss expectations — both yours and theirs. Set goals. Pay attention to their progress. Give feedback. Be supportive. Offer advice, but also listen. And, most importantly, take a genuine interest in their work and well-being.

Appreciate Generational Differences

More than likely, your near-future mentees are going to be millennials. Like every generation, millennials have their own set of concerns, indignations, interests, goals and talents.
Millennials are generally tech-savvy, environmentally conscious, insistent upon equal rights, adventurous, innovative and generally more interested in finding meaningful work than the largest paycheck or the best job security they can get.

However, despite the differences between millennials and non-millennials, all of the millennial-specific qualities can be channeled toward the greater good of a business. It’s up to you, as a mentor, to find the benefits these qualities have to offer, and to guide your mentees to apply them correctly.

Parting Thoughts

No matter who your mentee is — man or woman, intern or new hire, millennial or baby boomer — it’s up to you to help them succeed. The best way to do this is to understand what it means to be a mentor. It takes patience, dedication and a genuine investment in their progress.

If you decide to take on the role of the mentor, embrace the qualities that make you uniquely successful and help your mentee to do the same. And, as you learn and grow alongside your protégé, know that you’re doing your part for the advancement of professional women.

(The views and opinions of Guest Contributors are not necessarily those of theglasshammer.com)

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Reverse and Peer Mentoring – How Can It Help Your Career

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mentorsBy Nicki Gilmour, Executive Coach and Organizational Pyschologist

If you are managing a team, chances are that the team is already diverse. It may be made up of mixed age groups as well as perhaps having other social identity differences such as gender, ethnicity, nationality, LGBT status etc.

So, have you thought about breaking out of the traditional structure of looking for or being a senior person mentoring a junior person? Instead have you thought about getting a peer mentor or even a reverse mentor? A reverse mentor can be a junior level person mentoring a senior person or can be someone who is reverse to you (gay/straight for example).

The point of the interaction (at least in my opinion) is to learn things that you normally do not have access to. Experiences differ, so create a space where you can hear about them. It will make you a better leader, manager and probably person but only if you can listen without prejudice or judgement. Open your mind, heart and ears!

If you are interested in hiring an executive coach to help you navigate your career contact nicki@glasshammer2.wpengine.com to discuss further

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