Why You Need a Personal
Board of Directors

Sydney Atkins MasonWhy we all need a Personal Board of Directors and how to develop one.

Strong leaders know better than anyone that no one achieves anything alone. A support system is instrumental to achieving team goals, propelling individual career growth, and perhaps most importantly, maintaining sanity.

At a recent Exchange fireside chat, Sydney Atkins Mason, Investment Advisor at Goldman Sachs, shared why her “Personal Board of Directors” has been the most priceless weapon in her professional arsenal. It can be tricky to assemble the right network when you’re not sure what to look for, but Sydney credits her wealth of success to her relationships with three major people – her mentor, sponsor, and coach:

Mentor: Your mentor is the John Keating to your Dead Poets Society, the Socrates to your Plato, the Hagrid to your Harry. A mentor will never dole out the same piece of advice to two different people because to your mentor, you are a beautiful and unique snowflake, with triumphs and challenges that distinguish you from other snowflakes. A mentor helps you to evolve over time. This relationship is frequently a two-way street; the mentor is a catalyst for mentee growth, and mentors get the “warm fuzzies” from helping someone out.

Sponsor: Unlike a mentor relationship, a sponsor relationship is linear; your sponsor will catapult your success–if you play your cards right. Your sponsor can help you move forward in your career by publicly vouching for you, endorsing your skills and strengths, or even open doors you didn’t know existed. This person does this purely because they believe in you and, often, there is no way to repay them. This should be someone you deeply respect and admire, who can become your ally as you evolve in your career. Your success is your sponsor’s success, but be sure you pay it forward and become a sponsor to someone else. Don’t get greedy. You don’t want to be that guy.

Coach: A coach is your sounding board for any seemingly “stupid (functional) question” you have. Need help using the company database? Ask your coach. Having trouble understanding some jargon? Ask your coach. With your coach, all your questions are valid concerns. Your coach is who you rely on for your most immediate and basic job-related concerns.

Look around at who you know today and whether there are people in your midst who might naturally fill these roles for you. Have an open conversation, letting them know why you appreciate their advice and what your ask is, but most importantly, invest the time in developing those relationships. Now go!