5 Ways Corporate Mentoring Will Help Your Company
Posted by Grace Sanchez on Mon, Jul 19, 2010 @ 02:50 PM
Mentoring programs involve matching talented, experienced employees (mentors) with promising, less experienced employees (mentorees). Over time, working one-on-one, the mentor and mentoree—and the organization—reap real rewards, including the following:
- Enhancing strategic business initiatives
- Encouraging retention
- Reducing turnover costs
- Improving productivity
- Breaking down the "silo" mentality that hinders cooperation among company departments or divisions
- Elevating knowledge transfer from just getting information to retaining the practical experience and wisdom gained from long-term employees
- Enhancing professional development
- Linking employees with valuable knowledge and information to other employees in need of such information
- Using your own employees, instead of outside consultants, as internal experts for professional development
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