In this episode of The Building Bigger Lives Podcast, Kathryn and Michael discuss the distinction between membership and sponsorship in leadership development, based on a HousingWire session Kathryn attended. They define mentorship as providing guidance and advice through a formal or informal relationship, while sponsorship involves actively advocating for someone's advancement or opportunities, particularly in decision-making settings where the sponsor is not present. Kathryn explains that while mentorship is commonly discussed, sponsorship offers a more impactful way for women to support each other in leadership roles. She provides practical examples of sponsorship in the mortgage industry context, including referring clients to specialists and advocating for team members to take on projects. The conversation emphasizes that effective sponsorship requires building trust and being willing to put one's reputation on the line, while also encouraging listeners to proactively create advocates for themselves by understanding their unique value proposition and seeking feedback from respected colleagues.

Building Bigger Lives Podcast

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Contact Kathryn Pedersen-

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