How Mentorship Shapes the Next Generation of Leaders
Mentorship isn’t just a perk—it’s a game changer for leadership development. Companies that prioritize mentorship see stronger teams, better innovation, and long-term success. In fact, more than 80% of Fortune 500 companies have mentoring programs.
For Doug Flaig, CEO of Stratus Building Solutions, mentorship has been key in his leadership journey. “Mentors helped me see beyond myself, focus on asking the right questions, and solve root issues. They encouraged me while helping me be comfortable with being uncomfortable.”
So, why does mentorship matter? Studies show:
📊 75% of employees in informal mentorships and 97% in formal programs feel their company supports their career growth.
📊 91% of workers with mentors are happy in their jobs.
But mentorship isn’t just about career satisfaction—it builds confidence, leadership skills, and a culture of continuous learning. Strong mentorship programs:
✅ Transfer knowledge from experienced leaders to new professionals.
✅ Develop leadership qualities like strategic thinking and communication.
✅ Boost confidence, helping mentees take risks and lead.
At Stratus Building Solutions, mentorship plays a vital role. Franchisees support each other, ensuring mutual success. At last year’s annual meeting, a 16-year franchisee shared his insights with new franchise owners, demonstrating how mentorship fuels long-term success.
Businesses that invest in mentorship don’t just build strong employees—they shape future leaders and ensure sustained growth and innovation.
Read the full article in Forbes.