How can you ensure that mentoring experiences in your company will bring about the desired result: protégés who are well-prepared to take the next step in their careers — wherever that step might lead them? Several factors determine whether a mentoring experience will be successful:
- The family and the company’s approach to the process.
- Selection of the right person to serve as the mentor.
- The mentor’s own competencies.
- The parameters of the mentoring relationship.
- The protégé’s readiness to learn, to become gradually more self-reliant and to accept constructive criticism.
Featured on the cover of Family Business Magazine’s July/August 2015 issue are the family owners of Gordon Food Service, a “little family business” that has grown from a butter-and-egg delivery service to an enterprise with revenues of more than $10 billion. Also included in this issue: advice on engaging the next generation, forming an advisory board, and making your family meetings a success.
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