I have talked about this distinction so often. In a February 2012 posting on Talent Management, writer Valerie Pelan summarizes the work of authors Mark David Nevins and Stephen A. Stumpf who state that talented human capital will be the prime ingredient of future business success. I couldn’t agree more!
They assert that one way current leaders can support future leaders is to commit to an organizational culture that values mentorship and coaching and includes constructive and timely feedback. Coaching is about strategizing ways to handle situations; mentoring is about providing guidance.