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GBR PRAYER CAMP AND THOUGHT LEADERS SUMMIT 26 January 2019. CHOOSING THE RIGHT POST MATRIC QUALIFICATION FOR YOU ------------ The Importance of Mentorship and Coaching For Your Career Path. SIWAJU CONSULTING Business education consultants & Entrepreneurs. Oluwole J Mibiola
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GBR PRAYER CAMP AND THOUGHT LEADERS SUMMIT 26 January 2019
CHOOSING THE RIGHT POST MATRIC QUALIFICATION FOR YOU ------------ The Importance of Mentorship and Coaching For Your Career Path SIWAJU CONSULTING Business education consultants & Entrepreneurs Oluwole J Mibiola BSc. Mech Eng., M.Sc., MMFI
About Me & Our Firm Siwaju means ‘to lead’ in Yoruba. We aim to be thought leaders and forward thinking in our approach as a business. Siwaju Consulting is a business education consulting firm, focused on partnering with all forms of organizations in a bid to help them achieve their growth plans, through the use of tools that are geared towards delivering the three most desirable business outcomes – Effective people, optimized operations and strong operational performances. We have partnered with many organizations within Sub-Saharan African countries including South Africa, Nigeria, and Namibia. • Oluwole Jacob Mibiola (MMFI, MSc., BSc.)Director, Consultant • Education • MSc. Finance and Investment • MSc. Technology Management • BSc. Technology Management • BSc. Mechanical Engineering • Experience • Asset management Consultant - Allan Gray (Pty) Ltd • Strategy Consultant - The Economist Group • Business Education Consultant - Siwaju Consulting • Combined 10 years of asset and business management experience
Agenda 1 Setting the Tone 2 Mentor, Mentee and Mentoring 3 About Mentoring and Coaching 4 What Mentoring Is And What It Is Not 5 The Importance of Mentorship To You
Agenda 1 Setting the Tone 2 Mentor, Mentee and Mentoring 3 About Mentoring and Coaching 4 What Mentoring Is And What It Is Not 5 The Importance of Mentorship To You
Setting the tone DEFINITIONS OF FINANCIAL PLANNING The Bad The Good Source: Siwaju Consulting
Setting the tone Career guidance is the key to economic development DEFINITIONS OF FINANCIAL PLANNING • As youth unemployment and poverty becomes the most serious problems facing the country, we are facing a growing shortage of appropriate skills • Whatever the 2018 National Senior Certificate candidates' personal choices are post-high school, better career guidance could play a vital role during the next four months of this academic year • The shortage of scarce skills, an oversupply of low-demand skills, high tertiary dropout rates, and too many idle youth, are all symptomatic of poor career planning • At the forefront of career guidance delivery are school guidance counsellors, Life Orientation educators, student support staff at universities and TVET colleges, student recruitment officers at universities, employment service practitioners at labour centres and career guidance practitioners at the various youth advisory centres Source: Siwaju Consulting
Setting the tone Career guidance is the key to economic development Career guidance is about creating a better economy that would work for the working young people. Therefore imparting the right skills to the youth, whether a good degree or the right apprenticeship, will propel young future leaders to the top Parents • There is no doubt that career development starts at home. The role of parents in influencing the career decision-making process of their children is of paramount importance • The parent’s role is to suggest – not impose. Parents should avoid shooting down their children's’ ideas and unintentionally pressurising children to fulfil parental ambitions, without taking into consideration the child's unique strengths, ability and interests Structured Guidance • Effective career development interventions must begin early in secondary grades and continue into adult years • Without structured guidance activities, learners may drift through high school without learning about all the career opportunities available and without gaining the skills that can help them take advantage of those opportunities Source: Siwaju Consulting
Agenda 1 Setting the Tone 2 Mentor, Mentee and Mentoring 3 About Mentoring and Coaching 4 What Mentoring Is And What It Is Not 5 The Importance of Mentorship To You
Mentor, Mentee and Mentoring DEFINITIONS OF FINANCIAL PLANNING “Always pass on what you have learned.”—Yoda MentorMenteeMentoring Source: Siwaju Consulting
Mentor, Mentee and Mentoring Have you been mentored before? DEFINITIONS OF FINANCIAL PLANNING This is the process of managing your money to achieve personal economic satisfaction This is the process of setting, planning, achieving and reviewing your life goals through the proper management of your finances This an ongoing process to help you make sensible decisions about money that can help you achieve your goals in life; it's not just about buying products like a pension fund, life insurance etc. Think of one example where you were mentored or offered mentoring What were the circumstances? With whom did you interact? Why did you seek mentoring or why were you sought? Thinking back, did you define this as “mentoring” at the time? Source: Siwaju Consulting
Mentor, Mentee and Mentoring MENTOR A mentor is a guide, tutor, facilitator, counsellor and trusted advisor. A mentor is someone willing to spend his or her time and expertise to guide the development of another person MENTEE A mentee is a student, protege, apprentice and eager learner. A mentee is someone who wants to learn from someone who knows and seeks their valuable advice in order to grow personally and/or professionally MENTORING Mentoring is a relationship formed between a mentor and mentee with the goal of sharing knowledge and expertise. It can be a formal relationship with written goals and scheduled meeting times or it can be as informal as an occasional chat Source: Siwaju Consulting
Agenda 1 Setting the Tone 2 Mentor, Mentee and Mentoring 3 About Mentoring and Coaching 4 What Mentoring Is And What It Is Not 5 The Importance of Mentorship To You
MENTORING COACHING More directive Less directive • About Mentoring and Coaching Powerful processes for human development DEFINITIONS OF FINANCIAL PLANNING This is the process of managing your money to achieve personal economic satisfaction This is the process of setting, planning, achieving and reviewing your life goals through the proper management of your finances This an ongoing process to help you make sensible decisions about money that can help you achieve your goals in life; it's not just about buying products like a pension fund, life insurance etc. Similar skills • Domain specific • Transfer of knowledge & skills • Wisdom & experience • Network access • Non domain specific • Facilitation of learning • Expertise as coach • Often External Source: Siwaju Consulting
About Mentoring and Coaching DEFINITIONS OF FINANCIAL PLANNING Differentiating Expertise Who sets agenda Proactive / Reactive Power Process Source: Siwaju Consulting
About Mentoring and Coaching The Mentor/Coach’s World of Experience DEFINITIONS OF FINANCIAL PLANNING This is the process of managing your money to achieve personal economic satisfaction This is the process of setting, planning, achieving and reviewing your life goals through the proper management of your finances This an ongoing process to help you make sensible decisions about money that can help you achieve your goals in life; it's not just about buying products like a pension fund, life insurance etc. Source: Siwaju Consulting
About Mentoring and Coaching The Mentoring/Coaching Cycle DEFINITIONS OF FINANCIAL PLANNING This is the process of managing your money to achieve personal economic satisfaction This is the process of setting, planning, achieving and reviewing your life goals through the proper management of your finances This an ongoing process to help you make sensible decisions about money that can help you achieve your goals in life; it's not just about buying products like a pension fund, life insurance etc. Phase 3 Maturation & Closure Phase 1 Clarifying Expectations Phase 2 Productive Phase Source: Siwaju Consulting
Agenda 1 Setting the Tone 2 Mentor, Mentee and Mentoring 3 About Mentoring and Coaching 4 What Mentoring Is and What It Is Not 5 The Importance of Mentorship To You
What mentoring is and what it is not DEFINITIONS OF FINANCIAL PLANNING • Mentoring is a positive developmental partnership, which is driven primarily by the mentee. It offers a reflective space where the mentee can take responsibility for and discuss their development • Its primary aim is to build capability and self-reliance in the Mentee • Mentors can help highlight issues and to assist the Mentee in planning ways through them • They can help clarify the Mentee's perspective while bringing anadditional impartial view to bear on the issues • Sometimes, when the issues are straightforward and urgent, a Mentor might offer advice or give some direction • Confidentiality, trust, understanding and positive expectation are key to a successful partnership Source: Siwaju Consulting
What mentoring is and what it is not DEFINITIONS OF FINANCIAL PLANNING • For dealing with underperforming individuals • Taking on the problems or work of the Mentee – a Mentor should not find themselves doing things outside the mentoring sessions for a mentee • Promoting/sponsoring/protecting the mentee • Intended to deal with personal issues • Therapy • Allowing people to moan (except maybe sometimes...) Source: Siwaju Consulting
What mentoring is and what it is not MODEL OF MENTOR COMPETENCE DEFINITIONS OF FINANCIAL PLANNING This is the process of managing your money to achieve personal economic satisfaction This is the process of setting, planning, achieving and reviewing your life goals through the proper management of your finances This an ongoing process to help you make sensible decisions about money that can help you achieve your goals in life; it's not just about buying products like a pension fund, life insurance etc. Abilities Cognitive Emotional Relational Virtues Integrity Caring Prudence Competencies Teaching Mentoring Communicating Source: Siwaju Consulting
Agenda 1 Setting the Tone 2 Mentor, Mentee and Mentoring 3 About Mentoring and Coaching 4 What Mentoring Is And What It Is Not 5 The Importance of Mentorship To You
The Importance of Mentorship What can mentoring do for you? Mentoring can help you achieve the following: • Address the issues and concerns of your daily studying/working life and find solutions that work for you • Improve your level of performance and satisfaction levels • Help you understand key institutional and decision-making structures around education and career • Help you build relationships with colleagues and feel part of the community • Assist you in managing the integration of education, job, career and personal goals Source: Siwaju Consulting
The Importance of Mentorship Three Reasons You Need A Mentor Good mentors help you set a SMART goal 1 Good mentors never let you settle and become complacent 2 Good mentors will share personal experiences that inspire and motivate you 3 Source: Siwaju Consulting
Thank You THANK YOU Source: Siwaju Consulting
CONTACT US We’d love to hear from you. Get in touch: Email: info@siwaju.co.za Tel: +27 11 042 8042 PO Box 731668, Fairlands, 2030 Johannesburg, South Africa Or Oluwole Mibiola Tel: +27 11 042 8042 Mobile: +27 78 667 1682 Email: wole@siwaju.co.za Skype: wole.mibi
CONTACT US We’d love to hear from you. Get in touch: Email: info@siwaju.co.za Tel: +27 11 042 8042 PO Box 731668, Fairlands, 2030 Johannesburg, South Africa Or Percival Dikobe Tel: +27 11 023 9873 Mobile: +27 83 453 5523 Email: percival@Siwaju.co.za Skype: Percival.dikobe1