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Start a Mentoring Program

Why Start a Mentoring Program in Your Organization?

There are many benefits of creating a mentoring program in your organization. In her book, Mentoring for Success, author Elizabeth Weinstein, PhD, lists several advantages for introducing mentor-mentee relationships into the workplace:

Healthy Work Environment

  • Helps support the organizational mission.
  • Encourages creative ideas to flourish.
  • Enhances cooperation and establishes a foundation for effective teamwork.
  • Improves communication between different levels in the organization.
  • Helps employees adapt to the changing workplace by sharing information, concerns and possible strategies for addressing issues.
  • Makes a statement about the organization's values.

Leadership Development

  • Develops future leaders, resulting in effective succession planning.
  • Creates an opportunity to promote and retain employees with leadership potential, especially women and minorities.
  • Enables future organizational leaders to develop and practice skills.
  • Motivates mentees to work towards being effective leaders.

Cost Effective

  • Results in increased productivity because of the improvement in employee skills and motivation.
  • Reduces organizational turnover. Mentees receive individual attention and plan for their careers in the company.
  • Requires minimal time commitment.
  • Makes hiring of new employees more cost effective if young people can be mentored in intern positions and gain the appropriate training before becoming an employee.
  • Requires a low financial investment.
  • Uses talent that might not have surfaced otherwise.

Diversity

  • Advances capable individuals, particularly minorities and women.
  • Helps organizations to meet diversity goals.
  • Assists in retaining the "balance" of the organization. Mentees bring a variety of experiences and backgrounds that enrich the organization.

Training

  • Enables new hires to be easily assimilated into the organization.
  • Reduces the need for scheduled skill development training opportunities.
  • Provides on-the-job training.
  • Encourages employees to be active and life-long learner.

In addition, there are also benefits for individual mentors and mentees:

Mentor Benefits

  • Develops skills in coaching, relationship-building, consulting and teaching.
  • Helps to rejuvenate the long-time employee.
  • Assists in decision making by seeking the mentee's perspective and input.
  • Validates the skills and experiences gained, which provides a sense of achievement.
  • Creates a feeling of knowing that the mentee is learning and growing.

Mentee Benefits

  • Allows the opportunity to try out new ideas using the mentor as a sounding board.
  • Provides career development planning.
  • Absorbs the new hire into the organization.
  • Help to identify skill development needs and seeks alternatives for meeting those needs.
  • Learns about the organizational culture (policies, procedures, systems and relationships).

Source: AMI's Self-Study Book Mentoring for Success