Why you need a mentor

If you make decisions in isolation there is every chance you will make the wrong call.

This year’s feast of sport got me thinking about mentoring. Alex Ferguson has always done remarkably well pairing up young starlets with older, more seasoned professionals. You can see in the rowing how important Steve Redgrave has been to the younger members of the GB team over the years. And so on and so on. In each instance, the coaches/managers have seen how valuable it is to provide their growing talent with a voice of reason. Someone who can be respected and trusted to give advice and counsel and who provides a role model.

Given how obvious this has become in a sporting context, I have always found it strange that so few people in business do the same thing. I believe it’s part of my role to provide that service for people I know. ICAEW also recognises the value of mentoring and its F-ten network is a good example of how it can work. In an ideal world you have a number of people around you who can give you a mix of opinion to help you make the right decision.

When you are building your career, you find yourselves at a crossroads for much of the time. Each decision can have a substantial impact on the direction and speed of travel. If you make decisions in isolation there is every chance you will make the wrong call. But if you make those decisions based on the advice and counsel of others who have been at those crossroads before, you improve the chances of making the right call.

There is little more instructive than discussing how careers have been built with the people who have already built them. To hear about the choices they had to make and the consequences of those choices. To find out what different businesses have expected from the function and how you use your experience to your advantage.

Equally, you can’t ignore the network that develops as you rise up through the ranks in your chosen profession. And this network checks in with each other regularly, looking for opportunities that could help the people they are supporting.

Most important, it gives you an opportunity to hear the old war stories and to learn from them. One of the reasons people study history is to learn from the past and not repeat mistakes in the future. Your mentors can help with that tremendously.

Having, I hope, convinced you of the value of these mentors let me try and help you identify who yours should be and how you can persuade them to act as a mentor on your behalf.

In short, the sorts of people you want to turn to as a mentor should be seasoned, successful, helpful specialists in your field – former CFOs, former bosses, audit chairs, audit partners, headhunters and colleagues who have jumped a couple of levels past you.

All of these are highly credible potential mentors. They should be people you trust well enough to ask the most stupid question and whom you know will advise you impartially and evenly.

As to how you find these people, all you have to do is ask. Most of them will have benefited from mentors themselves and, as the sports world has clearly demonstrated, the people who have gained from this in the past tend to be the ones who will give in the future.

And in my own experience, there are far more people than you might expect who really enjoy helping ambitious talent develop its true potential.

Mark Freebairn is partner at Odgers Berndtson

This article first appeared in economia.

Photograph: Getty Images.
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The campaign to keep Britain in Europe must be based on hope, not fear

Together we can show the world a generous, outward-facing Britain we can all be proud of.

Today the Liberal Democrats launched our national campaign to keep Britain in Europe. With the polls showing the outcome of this referendum is on a knife-edge, our party is determined to play a decisive role in this once in a generation fight. This will not be an easy campaign. But it is one we will relish as the UK's most outward-looking and internationalist party. Together in Europe the UK has delivered peace, created the world’s largest free trade area and given the British people the opportunity to live, work and travel freely across the continent. Now is the time to build on these achievements, not throw them all away.

Already we are hearing fear-mongering from both sides in this heated debate. On the one hand, Ukip and the feuding Leave campaigns have shamelessly seized on the events in Cologne at New Year to claim that British women will be at risk if the UK stays in Europe. On the other, David Cameron claims that the refugees he derides as a "bunch of migrants" in Calais will all descend on the other side of the Channel the minute Britain leaves the EU. The British public deserve better than this. Rather than constant mud-slinging and politicising of the world's biggest humanitarian crisis since the Second World War, we need a frank and honest debate about what is really at stake. Most importantly this should be a positive campaign, one that is fought on hope and not on fear. As we have a seen in Scotland, a referendum won through scare tactics alone risks winning the battle but losing the war.

The voice of business and civil society, from scientists and the police to environmental charities, have a crucial role to play in explaining how being in the EU benefits the British economy and enhances people's everyday lives. All those who believe in Britain's EU membership must not be afraid to speak out and make the positive case why being in Europe makes us more prosperous, stable and secure. Because at its heart this debate is not just about facts and figures, it is about what kind of country we want to be.

The Leave campaigns cannot agree what they believe in. Some want the UK to be an offshore, deregulated tax haven, others advocate a protectionist, mean-hearted country that shuts it doors to the world. As with so many populist movements, from Putin to Trump, they are defined not by what they are for but what they are against. Their failure to come up with a credible vision for our country's future is not patriotic, it is irresponsible.

This leaves the field open to put forward a united vision of Britain's place in Europe and the world. Liberal Democrats are clear what we believe in: an open, inclusive and tolerant nation that stands tall in the world and doesn't hide from it. We are not uncritical of the EU's institutions. Indeed as Liberals, we fiercely believe that power must be devolved to the lowest possible level, empowering communities and individuals wherever possible to make decisions for themselves. But we recognise that staying in Europe is the best way to find the solutions to the problems that don't stop at borders, rather than leaving them to our children and grandchildren. We believe Britain must put itself at the heart of our continent's future and shape a more effective and more accountable Europe, focused on responding to major global challenges we face.

Together in Europe we can build a strong and prosperous future, from pioneering research into life-saving new medicines to tackling climate change and fighting international crime. Together we can provide hope for the desperate and spread the peace we now take for granted to the rest of the world. And together we can show the world a generous, outward-facing Britain we can all be proud of. So if you agree then join the Liberal Democrat campaign today, to remain in together, and to stand up for the type of Britain you think we should be.