As with any good mentoring scheme, clear guidance needs to be set so that expectations are aligned and both mentor and mentee benefit.
To fully maximise the relationship, an open and honest dialogue should be established, as the very best mentor/mentee relationships are so much more than developing and focusing on a person's career.
Truly understanding personal objectives are key as not everyone is focused on earning more money or taking on more responsibility – it could be that making a difference to others or a desire to spend more time with the family to achieve a better work-life balance is more important.
Mentoring in the modern world explores personal needs and ambitions, otherwise it would be just career guidance and advice.
Put simply, the word ‘mentoring’ is more emotional than career guidance – so it lends itself to life coaching.
Those that are able to embrace this approach will undoubtedly benefit most from a mentoring relationship.
Chris Morris is head of financial planning policy and engagement at the Chartered Institute for Securities & Investment