Sponsorship vs Mentorship – What Is Better For A Woman For The Advancement Of Her Career?

Bhavna Toor, founder of Shenomics discusses Sponsorship vs Mentorship with Vaishali Kasture, former Managing Director and Board Member at Goldman Sachs Services, India.

Kasture’s many accolades include being recognized as one of the Hottest Young Executives in Business Today, a Top 5 Woman Achiever in the Deccan Chronicle, and a Leading Women COO Award.

It’s been long believed that what women really need to advance within organizations is mentors. Scores of companies have set up a combination of formal and informal mentoring programs for women. But have all these efforts really translated into building a more robust pipeline for senior positions for women? Not necessarily.

While women are getting valuable career advice from their mentors, what they really need is a special kind of relationship — called sponsorship — in which the mentor goes above and beyond giving feedback and advice to the mentee, and also uses his or her influence with senior executives to advocate for the mentee, especially at the time of deciding promotions. Without sponsorship, women will have less support to reach for and ultimately get the top roles.

What are some of the ways in which sponsorship differs from mentorship?

How can women go about finding a sponsor?

And, how can women build a relationship with a sponsor in a way that benefits her, the sponsor, and the organization?

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These are just a few of the questions that Vaishali Kasture answers for us in this Shenomics’ Mentor Chat.

Watch the video here.

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