Creating a mentorship program and need advice

Hey War Room,


I am putting together a mentorship program at my company (Start Up with no defined mentorship process) between AE's and SDR's. Right now I would be leading it to about 2-3 SDR's to start.


My question is, what would be realistic metrics to show if it is successful or not?


The focus would be around professional development as well as company/role specific development.


If you have ever put something like this together, how did you outline what it looks like and what was successful/not successful?

๐ŸŽˆ Mentorship
๐ŸฅŽ Training
๐Ÿ˜Ž Sales Skills
9
brotato
WR Lieutenant
3
Head of Sales
Saw Belal post this on LinkedIn before. It's a pretty good SDR career growth guide:

https://docs.google.com/presentation/d/1AWpfY5Hyu54R5IEpGEjVN6CnZnMkNiP95lMiixTwzhs/mobilepresent?slide=id.g35f391192_00
I_Sell_To_Play_Golf
Valued Contributor
1
Field Account Executive
this is dope, thanks for sharing! I can probably craft something off of this
amyhyoung
Politicker
2
Vp ops
Iโ€™ve founded a non profit mentorship program before (not sales specific but all business focus).ย 

Itโ€™ll depend on how you structure the program, the goal of the program. E.g. Are people matched and then expected to develop that relationship organically or do you require them to meet up once a month, and thereโ€™s specific agenda?ย 

Some generic metrics to help you think through it can include: how many people participate out of whole sales team, % of mentors/mentees who meet up and # of times, send some kind of survey asking about value add (mid point check in and at the end), if you host events (e.g. trainings, panels, etc), the # of people who attended).ย 

just make sure they tie back to the goal of your program though.ย 
I_Sell_To_Play_Golf
Valued Contributor
0
Field Account Executive
this is solid, we are basically (starting out) matching an AE (right now me) with 2-3 SDRs and then expected to meet somewhere between once a week or biweekly.
justatopproducer
Politicker
1
VP OF SALES -US
I would ask higher management what they believe will show progress and success in terms of metrics.. And you can build a program around those metrics.ย 


I_Sell_To_Play_Golf
Valued Contributor
1
Field Account Executive
That's a good idea as well, thanks!

Salespreuner
Big Shot
1
Regional Sales Director
How many get promoted with your framework vs how many do without it. May be a good metric that way?
I_Sell_To_Play_Golf
Valued Contributor
1
Field Account Executive
I was thinking about this as well, probably be one of them but also trying to think of how to show success along the way.

Promotion is the ultimate goal, but how do we show the micro successes along the way
Salespreuner
Big Shot
0
Regional Sales Director
Yes indeed. Glad that it resonated
softwaresails
Politicker
1
Sales Manager
I think the best way to tell if a program like this is successful or not is to ask those that are participating in the mentorship program what their thoughts on it are.ย 

Create quick, anonymous surveys that you can send to them throughout the program to get updates on what those participating think about the program and make adjustments as needed.
I_Sell_To_Play_Golf
Valued Contributor
0
Field Account Executive
this is a good idea, thanks!ย 
JuicyKlay
Celebrated Contributor
0
AM
Why do you need specific metrics? What's the end goal here?
I_Sell_To_Play_Golf
Valued Contributor
1
Field Account Executive
metrics might be a bad term here, more my manager wants me to put a proposal together and part of it is how will we show that the program is successful at actually helping the mentees.
JuicyKlay
Celebrated Contributor
1
AM
I see what you're saying now. It could be as simple as the amount or percentage of reps that get promoted to AE in the program vs out of the program and the amount of months it takes to get there.
JuicyKlay
Celebrated Contributor
1
AM
You could also track net new business generated by SDR's that went through the program to become AE's vs AE's that have just always been AE's.
I_Sell_To_Play_Golf
Valued Contributor
0
Field Account Executive
Yeah that was what I was thinking, or at least along those lines. Also thinking of quota attainment vs those not in the program or something like that
Mikey
Politicker
0
Senior Regional Director
@I_Sell_To_Play_Golfย Curious on your update here. I also am creating a mentor program. However, it's a bit different than yours. I'm looking to create a program for BDRs and AEs. Looking for any guidance on a program pairing entry level sales reps with tenured AEs with a goal to help them develop faster while creating a contact within the sales org that can help them develop over time.
I_Sell_To_Play_Golf
Valued Contributor
1
Field Account Executive
Hey Mikey, sorry for not seeing this earlier. We are about 2 months into our new mentorship program and it is going pretty solidly.

We have it set up with an AE paired with and SDR and we meet twice a month to work on sales skills, career development, and as somewhat of a vent session if needed.

I believe the SDR I am mentoring is getting value out of it, he has become the top SDR on the team and is starting to make the moves to get promoted to AE
Mikey
Politicker
0
Senior Regional Director
@I_Sell_To_Play_Golfย . No worries! I'm working on developing a plan for our entire sales org. Is there specific criteria for each meeting that is delivered ahead of time? I'm thinking about having a kickoff meeting the first friday of each month where the mentor and mentee meet for coffee in person (or virtually) and we provide some sort of stipend and a follow up session or call later that month. I would love to get a little more depth into exactly what the criteria for you looks like or has looked like?
CuriousFox
WR Officer
0
๐ŸฆŠ
How's it going?
Jigawatt
Opinionated
0
Sales Engineer
Do you have SE's? If you do, then maybe consider including your SE chain?
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