Fostering a More Promising and Productive Future Through Mentorship Programs
In 1897, Andrew Carnegie, the industrialist credited with leading the enormous expansion of the American steel industry, appointed the 35-year-old Charles M. Schwab as his successor as president of Carnegie Steel. Schwab had started as a low level engineer at the company and first impressed Carnegie with his talents as a pianist at a party. This jump-started a close mentoring relationship between the two, and in a relatively brief period of time, Schwab was groomed to follow Carnegie as head of the company. Schwab’s business success even after he left Carnegie Steel is largely credited to Carnegie’s interest in his high-potential protégé. Member company EY’s thought leadership on mentoring will be released later this month, and they will be joining the Center and fellow member companies on February 4 at noon to discuss their major findings, specifically around youth mentorship, and the ways in which companies can put the insight into practice.
