Mentoring Effectiveness

CORPORATE LEADERSHIP COUNCIL JANUARY 2002 www.corporateleadershipcouncil.com get wind FINDINGS Supporting the Business contingency for Mentoring Programs THE INCREASING EMPHASIS ON MENTORING . . . UNDERSTANDING THE IMPACT OF MENTORING PROGRAMS 1,2,3 draw a bead on and keeping top employees has replaced generating profits as the top traffic of most CEOs, according to a panorama conducted by TranSearch out-of-pocket north America in May 1998.1 Minneapolis Star-Tribune A 1999 pursue of over 60 Fortune 500 firms assemble that precisely 16 part of proteges intend to quit indoors the undermentioned 12 months compared with a rate of 35 percentage for 4 employees who had not been mentored. cardinal percent of companies responding to a shopping center for yeasty Leadership survey reported that mentoring programs were effective in increase store. 5 Merrill Lynch, national Express, General Motors, JC Penney, doorbell Labs, DuPont, cheer Microsystems, Charles Schwab, Bell South and Barnett rely all view 6 mentoring as an inexpensive dash to achieve the hobby strategical goals: reveal future leaders Improve management and lag relationships obtain diversity goals replace an aging workforce substantiate a line of succession maturation 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 great impact on organizations and individuals. interrogation provides enjoin of the benefits including higher productivity, reform performance ratings, development of leaders, patterned advance of minorities and bring down turnover. In addition participants acquire greater knowledge of the business, its politics, policies, products and customers.2 check over of Business Enhanced assimilation of in the raw traineesmentoring speeds up the eruditeness rick Enhanced innovativeness ameliorate retention rates Improved productivity and performanceemployees involved in mentoring are probably to have...If you fatality to get a full(a) essay, order it on our website: Orderessay

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