The Value of Mentoring Future Leaders

This past June, Proctor & Gamble announced that A.G Lafley, one of the most highly revered CEOs in America, would be succeeded by operations chief Robert McDonald. One of the interesting facts emerging in the story of the transition came from the Wall Street Journal. (P&G Chooses a New CEO as It Adapts to Era of Thrift – June 9, 2009)

'The day of his P&G job interview, Mr. McDonald dined with Mr. Lafley, who was to be Mr. McDonald’s company mentor because they shared military careers prior to P&G. As their company careers crisscrossed over the years, the two would rib each other about their military days.'

That should add more weight to the argument about the value of formal mentorship programs.

The Value of Mentoring Future Leaders