The process of executive mentoring involves the growth of individual volume in executives and potential executives through the method of teaching or coaching of a hired mentor. Various individuals profit from the process of executive mentoring such as junior executives within an organization who would like to improve their leadership and decision making skills or students who take executive mentoring as part of their prerequisites for attaining a degree.

A good example of a place that would require executive mentoring is in a business where employee’s were selected for promotion and are assigned to a mentor. Basically the mentor would serve the purpose of a coach or a teacher to the individual that would provide details about the requirements of a good executive. The mentoring involves typical demonstrations where the junior executive would be involved in certain activities that would help them develop skills for the position. Activities can include anything from the junior executive observing and learning from high level meetings that involve the top directors of a company, and also teaching the soon to be executive the important principles of negotiation and the process of oral persuasion.

When the individual is a student the mentor is assigned to the individual during the beginning of the course. The mentor is advised to engage the individual in various tasks of executive mentoring over the length of the class. For example: The mentor might invite the student on a field trip where they would be able to observe contract negotiations and other things such as the interaction between the mentor and other business owners. Not only is this extremely important for the student, but it allows them to develop certain skills of a mentor and they will also be able to network and create contacts that might benefit them when they graduate from college or university.

Not only do these businesses profit from the investment in executive mentoring, but it is also a good investment for human capital. The investment will also profit dividends because the improvement in the skills of the businesses workers and their ability to perform executive duties correctly along with providing leadership to the workers that oversee them. Junior executives also benefit from mentoring because they will be able to learn how to set personal and professional; short term and long term goals within their jobs or careers.