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Webinar Series: The Differences Between Mentoring and Sponsorship Shane Nelson Vice President, Editor, DiversityInc Best Practices

The Differences Between Mentoring and Sponsorship Webinar · A Mentor? Mentoring is a relationship between two people with the goal of professional and personal development. The "mentor"

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Page 1: The Differences Between Mentoring and Sponsorship Webinar · A Mentor? Mentoring is a relationship between two people with the goal of professional and personal development. The "mentor"

Webinar Series:The Differences Between Mentoring and

Sponsorship

Shane NelsonVice President, Editor, DiversityInc Best Practices

Page 2: The Differences Between Mentoring and Sponsorship Webinar · A Mentor? Mentoring is a relationship between two people with the goal of professional and personal development. The "mentor"

© DiversityInc. Reproduction Prohibited.

Encourage Your Colleagues to Sign Up to DIBP2

• Use testimonials from employees that access DIBP.

• Promote DIBP to employee resource groups.

• Encourage talent-development leaders to use and educate employees about access to DIBP.

• Include message about DIBP or include links to career advice content on company intranet.

Page 3: The Differences Between Mentoring and Sponsorship Webinar · A Mentor? Mentoring is a relationship between two people with the goal of professional and personal development. The "mentor"

© DiversityInc. Reproduction Prohibited.

Meet Today’s Panelists3

Randy Cobb, Director, Diversity & Inclusion, Southern Company

Matthew Hanzlik, Program Manager, Diversity & Inclusion, Nielsen

Page 4: The Differences Between Mentoring and Sponsorship Webinar · A Mentor? Mentoring is a relationship between two people with the goal of professional and personal development. The "mentor"

The Differences BetweenMentoring and Sponsorship

Randy CobbDirector

Diversity and Inclusion

Page 5: The Differences Between Mentoring and Sponsorship Webinar · A Mentor? Mentoring is a relationship between two people with the goal of professional and personal development. The "mentor"

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Page 6: The Differences Between Mentoring and Sponsorship Webinar · A Mentor? Mentoring is a relationship between two people with the goal of professional and personal development. The "mentor"

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Page 7: The Differences Between Mentoring and Sponsorship Webinar · A Mentor? Mentoring is a relationship between two people with the goal of professional and personal development. The "mentor"

Who Is My Career Manager?

YOU ARE!• Work with your manager • Determine ‘your’ career path• Identify ‘your’ goals• Assess ‘your’ skills• Where do you need help

Then you will understand when you need a mentor, a sponsor or both of them!

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Page 8: The Differences Between Mentoring and Sponsorship Webinar · A Mentor? Mentoring is a relationship between two people with the goal of professional and personal development. The "mentor"

A Mentor?

Mentoring is a relationship between two people with the goal of professional and personal development. The "mentor" is usually an experienced individual who shares knowledge, experience, and advice with a less experienced person, or "mentee.”

“One good mentor can be more informative than a college education and more valuable than a decades income”. Author Sean Stephenson

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Page 9: The Differences Between Mentoring and Sponsorship Webinar · A Mentor? Mentoring is a relationship between two people with the goal of professional and personal development. The "mentor"

Benefits of a Mentor

• Improves employee satisfaction and retention• Enriches new-employee initiation• More appealing to recruits• Helps to develop self confidence• Trains your leaders• And the best part is, it's free

Mentoring helps you "figure out what you want to do with your life … who are the people who will help you get there … and how do you connect with them."

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Page 10: The Differences Between Mentoring and Sponsorship Webinar · A Mentor? Mentoring is a relationship between two people with the goal of professional and personal development. The "mentor"

Successful Mentoring

• Promotes a greater sense of motivation and direction

• Aids in expanding your professional network

• Helps to establish allies• Facilitates in finding

opportunities • Improves interpersonal

communications

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Page 11: The Differences Between Mentoring and Sponsorship Webinar · A Mentor? Mentoring is a relationship between two people with the goal of professional and personal development. The "mentor"

A Sponsor?

Chief role is to develop you as a leader• A mentor can guide you to the right

doors, but a sponsor will help you knock them down—and even knock them down for you

• Sponsors make you visible to leaders

• They connect you to career opportunities

• Advise you if you encounter trouble

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Page 12: The Differences Between Mentoring and Sponsorship Webinar · A Mentor? Mentoring is a relationship between two people with the goal of professional and personal development. The "mentor"

What Do I Look for in a Sponsor?

• A sponsor who is well-respected in the company

• Publicly supports YOU• Is confident in you and

values your contributions• Has the power to change

your career and become a strategic ally

In the end, it’s a sponsor's clout, not style, that will turbocharge your career.

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Page 13: The Differences Between Mentoring and Sponsorship Webinar · A Mentor? Mentoring is a relationship between two people with the goal of professional and personal development. The "mentor"

Quick Reference

Mentor SponsorMore strategic Promotes your Leadership

Formal planning Increases exposure/visibility

Relationship driven Is your advocate

Involves diversity Supports you with upper management

Broader insights Opens doors and creates opportunities

Develops your leadership Has confidence in You

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Page 14: The Differences Between Mentoring and Sponsorship Webinar · A Mentor? Mentoring is a relationship between two people with the goal of professional and personal development. The "mentor"

Southern Company Gas

• Mentoring– Informal– Group– Formal– Specialized engagement programs

• Sponsorship– Individualized – Succession Planning– Specialized program

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Page 15: The Differences Between Mentoring and Sponsorship Webinar · A Mentor? Mentoring is a relationship between two people with the goal of professional and personal development. The "mentor"

THANK YOU

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Page 16: The Differences Between Mentoring and Sponsorship Webinar · A Mentor? Mentoring is a relationship between two people with the goal of professional and personal development. The "mentor"

This artwork was created using Nielsen data.Copyright © 2018 The Nielsen Company (US), LLC. Confidential and proprietary. Do not distribute.

MENTORING, COACHING & SPONSORSHIP AT NIELSENDiversityInc Best Practice Webinar

Matthew HanzlikTuesday, April 24, 2018

Page 17: The Differences Between Mentoring and Sponsorship Webinar · A Mentor? Mentoring is a relationship between two people with the goal of professional and personal development. The "mentor"

17This artwork was created using Nielsen data.Copyright © 2017 The Nielsen Company (US), LLC. Confidential and proprietary. Do not distribute.

WATCH BUY LISTEN

THE SCIENCE BEHIND WHAT’S NEXT

Page 18: The Differences Between Mentoring and Sponsorship Webinar · A Mentor? Mentoring is a relationship between two people with the goal of professional and personal development. The "mentor"

18This artwork was created using Nielsen data.Copyright © 2017 The Nielsen Company (US), LLC. Confidential and proprietary. Do not distribute.

“Diversity and Inclusion are crucial to our growth, strength and ability to innovate”Nielsen CEO Mitch Barns

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RetentionCareer & Leadership DevelopmentAccountabilityStrategic

Approach Education

To infuse diversity and inclusion into everything we do

Client CommunityOur communities around the world know who we are, trust us to be the source for unbiased information, and are proud to be a part of our panels.

Our clients and the FMCG and media industries see Nielsen as the definitive source for measurement and insights, especially for diverse consumers and

audiences.

AssociateOur associates consistently experience an inclusive culture that respects their skills,

abilities, experiences and cultural backgrounds while leveraging difference

to achieve superior results.

Focus

Mission

OUR APPROACH TO DIVERSITY & INCLUSION

Visibility Access OpportunityBe Yourself, Make a Difference, Grow with Us

Supplier Diversity

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MENTORING COACHING

HOW DO WE DEVELOP & ACCELERATE TALENT?TRAINING

Skill-buildingDevelop Awareness, Knowledge & Skill

AdviceTransfer Skills & Perspective

EnablementChange Mindsets, Beliefs and Behaviors

AdvocacyChampion & Open Doors

Increase knowledge, awareness & skill

Structured for the group

Topics are based on role, team agenda and participants’ gaps

Transfer mentor’s experience & knowledge

Structured for the individual

Topics are based on mentor’s experience & mentee's gaps

Enhance performance with mindset, perspective and behavior change

Structured for the individual

Topics emerge from challenges in the coachee’s real world

SPONSORING

Advocate for the individual & create differentiated experiences

Structured for the pair

Experience based on sponsor’s position & protégé’s needs

Source: Adapted from Center for Creative Leadership

Development relationships will flex through elements as needed

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HOW DO WE DEVELOP & ACCELERATE TALENT?

COACHING

MENTORING

TRAINING

SPONSORSHIP

Senior Leader Sponsorship Program

Diverse Leadership NetworkmyCoachCoaching workshops

ERG Mentorship NetworksBusiness Mentorship Programs

Unconscious biasWorking in an inclusive environment Driving innovation through diversity

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NIELSEN DIVERSE LEADERSHIP NETWORK

IDENTIFY DEVELOP ACCELERATE ENGAGE & RETAIN EXPAND

Identify high-performing, top

talent with leadership potential

Develop associates for greater success

in role and readiness for larger

roles

Accelerate career moves up and

across the business

Engage and retain associates during and after program

Expand impact beyond

graduation with alumni program

● 15-month ‘mini MBA’ with a fully diverse participant roster● Mid-career high performers, high potentials

Strengthen Nielsen’s Leadership pipeline with talent that represents the diversity of the clients, communities and markets we measure & serve

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15 MONTH ‘MINI-MBA’ WITH COACHING

EXPERIENTIAL LEARNING

EXECUTIVE EDUCATION

FACULTY WORKSHOPS

COACHINGNETWORKING

Case Studies

Business Impact

Projects

Community

Impact Projects

Business Acumen

Leadership

Competencies

Learning Cohorts

Organizational

Priorities

Leadership

Experience

Two-Way Visibility

1:1 Coaching with

Sr. Leader

Professional

External Coach

Coaching to Foster

Change

150+ Participants,

Alumni & Coaches

Collaborate for

Impact

Ongoing coaching

training

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OUR OUTCOMES

Source: 2017 DLN Full Year Metrics

20% of alumni have reached VP/GM

Building diversity & inclusion champions

93% of alumni in new/expanded role

Retention exceeds high-performing peer set by 12%

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SENIOR LEADER SPONSORSHIP PROGRAM

RELATIONSHIP ADVOCACY

VISIBILITYACCESS

OPPORTUNITY

● 10-month program → ongoing relationship

● Participants: senior level top talent

● Sponsors: CEO + 1

● Alignment on expectations:

○ Participants: what experiences do they need to advance their career?

○ Sponsor: what experiences do they need to advocate?

● Differentiated experiences:

○ What, why, how

● Success = Retention, Career Movement

Further strengthen Nielsen’s Leadership pipeline with talent that represents the diversity of the clients, communities and markets we measure & serve

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OUR OUTCOMES

Source: 2017 DLN Full Year Metrics

Over 50% began a new role

Building diversity & inclusion champions

100% retention of sponsorship participants

Second cohort launches April 2018

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OUR KEYS TO SUCCESS

Invest in (and support) the whole relationship up front2.3. Clear expectations for participants and coaches/ sponsors

4. Ensure accountability

5. Share success to enlist more champions

1. Deliberate coaching and sponsorship pairings

Page 29: The Differences Between Mentoring and Sponsorship Webinar · A Mentor? Mentoring is a relationship between two people with the goal of professional and personal development. The "mentor"

This artwork was created using Nielsen data.Copyright © 2018 The Nielsen Company (US), LLC. Confidential and proprietary. Do not distribute.

THE SCIENCE BEHIND WHAT’S NEXTTM

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