THE ROLE OF MENTORSHIP IN DEVELOPING FUTURE BUSINESS LEADERS

The purpose of mentoring cannot be undermined in developing the next generation of business leaders. Today, when the business world is changing at ever-increasing speed, stronger leadership is more required than ever before. The aim of this article is to explain how guidance in one's business and personal life will assist a potential future business leader. Some good examples are shown from companies such as Unilever and IBM, where the benefits include improvement in problem-solving ability, development of emotional intelligence, and building strategic thinking. Other topics covered within the paper are the components of success of mentorship programs: having clear intent, relationships in the classroom and working areas between teachers and the mentee, and lastly, support from all stakeholders. Findings from studies conclude that it was the only positive way, with both professional and personal attributes; thus, organizations stand the chance to develop qualified management personnel to deal with all pending issues. That can be developed by the provision of learning through mentorship with proper guidance and proper counsel.