Senior executives who are looking to stay relevant and keep their industry knowledge current should consider mentoring.
Those who have never been involved in it often don’t realize that the relationship is actually reciprocal, and the mentor usually gains as much as they give. The benefits to the “mentee” are well recognized, but many potential mentors overlook the fact that connecting with young, high potential minds allows you to stay in touch with the current language, technologies and new ideas that are constantly emerging.
And you don’t have to have coaching experience to be a mentor. You simply have to be willing to share your experience on a regular basis, and provide support by acting as a sounding board and informal advisor when needed.
And if helping build future leaders isn't incentive enough, consider that you’re increasing your own network of up-and-comers who may be in a position to assist you down the road.