CURRENCIES THE CHECKLIST 5 tips for launching a successful mentoring program Hoping to cultivate the next wave of bankers through a mentoring program? Here are five tips for success. ESTABLISH OBJECTIVES Mentoring programs revolve around an organization's goals. Set up explicit goals that are feasible, able to be assessed and will elevate your community bank and its operations. DETERMINE THE DYNAMIC AND DESIGN From the number of mentors to the frequency of meetings, each decision regarding the program must be purposeful and reflect what's best for your company and mentees. RESEARCH THE COMPETITION You don't have to reinvent the wheel. Plenty of companies have already found success in their own programs, and seeing what works for other community banks can inform your own program. GARNER SUPPORT When figuring out how to find internal support for and participation in the program, consider things like accessibility, incentives and the required time investment for each participant. CONSIDER RUNNING A PILOT PROGRAM This will allow mentors and mentees to speak on and forecast the program's success and provide an opportunity for your bank to address any issues on a smaller scale. Is This Thing On? Have You Heard? QUICK CONNECT QR CODE Proven Bank-Based Financial Planning & Wealth Management Solutions TIME TO THINK BIG! Visit Us @ ICBA LIVE 2024 BOOTH #212 Kenny Parker Sr. Senior Vice President, Recruiting & Acquisitions 636.720.1400 | kparker@moneyconcepts.com