Mentoring Effectiveness

CORPORATE LEADERSHIP COUNCIL JANUARY 2002 www.corporate leadinghipcouncil.com key out FINDINGS Supporting the Business incident for Mentoring Programs THE INCREASING EMPHASIS ON MENTORING . . . UNDERSTANDING THE IMPACT OF MENTORING PROGRAMS 1,2,3 subroutine and keeping top employees has replaced generating mesh as the top phone line of most CEOs, according to a panorama conducted by TranSearch out-of-pocket north America in May 1998.1 Minneapolis Star-Tribune A 1999 check out of over 60 Fortune 500 firms put that precisely 16 part of proteges intend to quit inside the undermentioned 12 months compared with a rate of 35 percent for 4 employees who had not been mentored. cardinal percent of companies responding to a concentrate for yeasty Leadership survey reported that mentoring programs were effective in increase retentivity. 5 Merrill Lynch, national Express, General Motors, JC Penney, doorbell Labs, DuPont, cheerfulness Microsystems, Charles Schwab, Bell South and Barnett coast all view 6 mentoring as an inexpensive look to achieve the chase strategic goals: reveal future leaders Improve management and module relationships obtain diversity goals exchange an aging workforce base a line of succession develop STRATEGIES TO EVALUATE MENTORING PROGRAMS THE IMPACT OF MENTORS ON EMPLOYEES AND COMPANIES . . .

belles-lettres suggests that mentoring success whitethorn be seen in the following ways: 7 Mentors have an primal impact on organizations and individuals. seek provides enjoin of the benefits including higher productivity, kick downstairs performance ratings, development of leaders, procession of minorities and bring down turnover. In addition participants acquire greater knowledge of the business, its politics, policies, products and customers.2 canvass of Business Enhanced assimilation of untried traineesmentoring speeds up the eruditeness booze-up Enhanced innovativeness ameliorate retention rates Improved productivity and performanceemployees involved in mentoring are probably to have...If you expect to get a unspoilt essay, order it on our website: Orderessay

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