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Moving from
Mentorship to Sponsorship
Presented by Dawn Smith, Ed.D

.
Mentorship and
Sponsorship


Both mentoring and sponsorship are critically
important to career advancement



Research conducted at the Center for Talent
Innovation (CTI) shows sponsors, not mentors
provide real career traction


Pay raises



High profile assignments



Promotion
What is a Sponsor?


An influential backer who believes in YOU



Someone who will get you to the top



Goes out on a limb for you



Opens the door to your next job



Introduces you to the right people



Makes a case for you in those top-level conversations
that could make or break your career
Sponsorship


The idea of sponsorship has recently gained momentum as companies
aim to move more women into corporate leadership positions



Deloitte, PepsiCo, Intel, GE, Raytheon, AT&T, Citigroup, Morgan and
Stanley, and American Express have launched new sponsorship
programs aimed at helping women executives find sponsors



The latest research shows that the vast majority of both men and
women feel more satisfied with their rate of advancement when they
have sponsors



A culture of sponsorship is good for everybody


Between 2008 and 2010, managers who sponsored protégés earned an
average of $25,075 more than their peers who did not



The ability to spot talent and help nurture is an asset to senior managers
Differences Between
Mentoring and Sponsoring


Mentor
 Talks with you
 Advises
 Helps to prepare you to move up
 Identifies strengths and areas of
growth you may not see in yourself
 Helps you navigate the corporate
ladder (the unwritten rules)
 Provides a sounding board,
shoulder to cry on, support, and
guidance
 Little is expected in return



Sponsor
 Talks about you
 Acts
 Makes sure you have all the right
roles
 Connects you to important players
and assignments
 Offers guidance and critical
feedback because they believe in
you
 Expects stellar performance
 Expects your loyal support (trust is
at the heart)
 Benefits from your success (no one
gets to the top alone)
 More risky than mentoring (spend
political capital)
Importance of Sponsorship


High-potential women are over-mentored and undersponsored relative to their male peers



According to a Harvard Business Review (2010)
study of 4,000 MBAs of both sexes, men are still
more likely than women to have powerful sponsors
(as reported by Catalyst, a nonprofit research group)



Without sponsorship, women are less likely than
men to be appointed to top roles and maybe more
reluctant to get them
How to Find a Sponsor


You don’t really choose a sponsor. They have to choose you









Identify higher-ups who impress you






Performance counts (You must earn this type of investment)
Demonstrate you will deliver outstanding performance
Always make your boss look good
Be confident
Have a thick skin and take feedback well. Act on any given advice
Build on mentoring relationships

Be strategic—clout, not style will turbo charge your career
Two-levels up
Nurture relationships with multiple potential sponsors

Let potential sponsors see you in action





You need to become a known entity
Volunteer for big/visible assignments, attend conferences, and become active in your industry
Show you are hungry for an opportunity
Suggest improvement in the way things get done
The Challenge


“Everyone who has realized an amazing vision or exerts remarkable
influence can and will point to a series of sponsors, powerful individuals
who helped pull them up and fund their ventures or clear a path forward.
There are no exceptions.”
--Sylvia Ann Hewlett
References


Alsever, J. (2012, May). Want to move up? Get a sponsor. Fortune, 165(7), 53-54.



Fisher, A. (2012). Got a mentor? Good. Now find a sponsor. CNN Money.
Retrieved from http://management.fortune.cnn.com/2012/09/21/
women-mentorship-sponsorship/



Hewlett, S. A. (2014). Forget a mentor, find a sponsor: The new way to fast track your
career. Boston, MA: Harvard Business Review.



Hewlett, S.A. (2013). Mentors are good. Sponsors are better. New York Times.
Retrieved from http://www.nytimes.com/2013/04/14/jobs/sponsorsseen-as-crucial-for-womens-career-advancement.html?_r=0



Schawbel, D. (2013). Sylvia Anne Hewlett: Find a sponsor instead of a mentor.
Forbes. Retrieved from http://www.forbes.com/sites/danschawbel/
2013/09/10/sylvia-ann-hewlett-find-a-sponsor-instead-of-a-mentor/
References


Alsever, J. (2012, May). Want to move up? Get a sponsor. Fortune, 165(7), 53-54.



Fisher, A. (2012). Got a mentor? Good. Now find a sponsor. CNN Money.
Retrieved from http://management.fortune.cnn.com/2012/09/21/
women-mentorship-sponsorship/



Hewlett, S. A. (2014). Forget a mentor, find a sponsor: The new way to fast track your
career. Boston, MA: Harvard Business Review.



Hewlett, S.A. (2013). Mentors are good. Sponsors are better. New York Times.
Retrieved from http://www.nytimes.com/2013/04/14/jobs/sponsorsseen-as-crucial-for-womens-career-advancement.html?_r=0



Schawbel, D. (2013). Sylvia Anne Hewlett: Find a sponsor instead of a mentor.
Forbes. Retrieved from http://www.forbes.com/sites/danschawbel/
2013/09/10/sylvia-ann-hewlett-find-a-sponsor-instead-of-a-mentor/

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Moving from mentorship to sponsorship

  • 1. Moving from Mentorship to Sponsorship Presented by Dawn Smith, Ed.D .
  • 2. Mentorship and Sponsorship  Both mentoring and sponsorship are critically important to career advancement  Research conducted at the Center for Talent Innovation (CTI) shows sponsors, not mentors provide real career traction  Pay raises  High profile assignments  Promotion
  • 3. What is a Sponsor?  An influential backer who believes in YOU  Someone who will get you to the top  Goes out on a limb for you  Opens the door to your next job  Introduces you to the right people  Makes a case for you in those top-level conversations that could make or break your career
  • 4. Sponsorship  The idea of sponsorship has recently gained momentum as companies aim to move more women into corporate leadership positions  Deloitte, PepsiCo, Intel, GE, Raytheon, AT&T, Citigroup, Morgan and Stanley, and American Express have launched new sponsorship programs aimed at helping women executives find sponsors  The latest research shows that the vast majority of both men and women feel more satisfied with their rate of advancement when they have sponsors  A culture of sponsorship is good for everybody  Between 2008 and 2010, managers who sponsored protégés earned an average of $25,075 more than their peers who did not  The ability to spot talent and help nurture is an asset to senior managers
  • 5. Differences Between Mentoring and Sponsoring  Mentor  Talks with you  Advises  Helps to prepare you to move up  Identifies strengths and areas of growth you may not see in yourself  Helps you navigate the corporate ladder (the unwritten rules)  Provides a sounding board, shoulder to cry on, support, and guidance  Little is expected in return  Sponsor  Talks about you  Acts  Makes sure you have all the right roles  Connects you to important players and assignments  Offers guidance and critical feedback because they believe in you  Expects stellar performance  Expects your loyal support (trust is at the heart)  Benefits from your success (no one gets to the top alone)  More risky than mentoring (spend political capital)
  • 6. Importance of Sponsorship  High-potential women are over-mentored and undersponsored relative to their male peers  According to a Harvard Business Review (2010) study of 4,000 MBAs of both sexes, men are still more likely than women to have powerful sponsors (as reported by Catalyst, a nonprofit research group)  Without sponsorship, women are less likely than men to be appointed to top roles and maybe more reluctant to get them
  • 7. How to Find a Sponsor  You don’t really choose a sponsor. They have to choose you        Identify higher-ups who impress you     Performance counts (You must earn this type of investment) Demonstrate you will deliver outstanding performance Always make your boss look good Be confident Have a thick skin and take feedback well. Act on any given advice Build on mentoring relationships Be strategic—clout, not style will turbo charge your career Two-levels up Nurture relationships with multiple potential sponsors Let potential sponsors see you in action     You need to become a known entity Volunteer for big/visible assignments, attend conferences, and become active in your industry Show you are hungry for an opportunity Suggest improvement in the way things get done
  • 8. The Challenge  “Everyone who has realized an amazing vision or exerts remarkable influence can and will point to a series of sponsors, powerful individuals who helped pull them up and fund their ventures or clear a path forward. There are no exceptions.” --Sylvia Ann Hewlett
  • 9. References  Alsever, J. (2012, May). Want to move up? Get a sponsor. Fortune, 165(7), 53-54.  Fisher, A. (2012). Got a mentor? Good. Now find a sponsor. CNN Money. Retrieved from http://management.fortune.cnn.com/2012/09/21/ women-mentorship-sponsorship/  Hewlett, S. A. (2014). Forget a mentor, find a sponsor: The new way to fast track your career. Boston, MA: Harvard Business Review.  Hewlett, S.A. (2013). Mentors are good. Sponsors are better. New York Times. Retrieved from http://www.nytimes.com/2013/04/14/jobs/sponsorsseen-as-crucial-for-womens-career-advancement.html?_r=0  Schawbel, D. (2013). Sylvia Anne Hewlett: Find a sponsor instead of a mentor. Forbes. Retrieved from http://www.forbes.com/sites/danschawbel/ 2013/09/10/sylvia-ann-hewlett-find-a-sponsor-instead-of-a-mentor/
  • 10. References  Alsever, J. (2012, May). Want to move up? Get a sponsor. Fortune, 165(7), 53-54.  Fisher, A. (2012). Got a mentor? Good. Now find a sponsor. CNN Money. Retrieved from http://management.fortune.cnn.com/2012/09/21/ women-mentorship-sponsorship/  Hewlett, S. A. (2014). Forget a mentor, find a sponsor: The new way to fast track your career. Boston, MA: Harvard Business Review.  Hewlett, S.A. (2013). Mentors are good. Sponsors are better. New York Times. Retrieved from http://www.nytimes.com/2013/04/14/jobs/sponsorsseen-as-crucial-for-womens-career-advancement.html?_r=0  Schawbel, D. (2013). Sylvia Anne Hewlett: Find a sponsor instead of a mentor. Forbes. Retrieved from http://www.forbes.com/sites/danschawbel/ 2013/09/10/sylvia-ann-hewlett-find-a-sponsor-instead-of-a-mentor/