The purpose of this process is to achieve optimal performance of the pupil’s functions by transferring accumulated knowledge to people within an organization and/or society who can contribute their experiences to the pupil’s benefit.
This is also known as passing on the ” know-how “.
An important aspect to keep in mind is that, normally, both parties participate voluntarily in order to achieve the objective.
If you want to learn more about this excellent practice, then you should keep reading until the end!
First, we will focus on business mentoring, then we will explain and exemplify the different types of mentoring and their benefits in achieving goals, both at the organizational and personal levels.
What is business mentoring?
Business mentoring is a practice through spain telegram data which a commitment is made between two or more people to share both theoretical and technical knowledge .
Its purpose is to motivate the apprentice and/or mentor to increase their productivity in the company.
What are the stages of mentoring?
There are several elements that every mentoring program must follow to ensure success and determine the scope of the strategy. Learn about them below.
1. Set feasible goals
To set tangible goals in mentoring, you must answer the following questions:
What business achievements do you need to accomplish?
There is no single answer, as they can be how does cosmos combat crypto’s shortcomings? very varied and interlinked, for example:
- transmit knowledge;
- work commitment;
- increased productivity;
- diversity in the capabilities and abilities of all types of workers, both for the CEO and for new company collaborators;
- retention of qualified personnel and reduction of turnover .
These factors can be worked on together.
Does the organizational climate allow for mentors?
You must know your company’s human capital as a key factor in its economy.
Who will be your team of steakholders?
You should also know the individuals or b2c reviews organizations that are interested in your company and the process you will carry out.
What is your budget?
To ensure the correct execution of your strategy, you must know the capital you have .
2. Determine mentors and mentees
To determine who will be responsible for this process as a mentor , keep the following in mind:
- must be willing to foster the pupil’s development;
- must be a trustworthy person with time available to commit.
Now, what would the ideal pupil be like?
- must have a desire to learn;
- interested in advancing within the organization.
This way, you will have a greater chance of achieving your desired goal.
3. Include formal training
Combining formal training with mentoring will make the strategy much more effective for the mentee. The company can organize seminars, workshops or online training to run a more productive and educational mentoring program.
It must be applied to both parties , since they need to be trained to be able to transmit information correctly (mentor) and for it to be fully assimilated (mentee).
4. Implement the program
With a well-developed plan, all that remains is to execute the plan, see how it works, and make corrections.
5. Conduct evaluations
To effectively evaluate the program, we must take into account certain key elements depending on the goals set.
For example, if the goal was to retain talent in the company, this can be measured through retention statistics, employee feedback and their level of commitment.
Benefits of business mentoring
This type of mentoring has marked benefits that make it an essential practice for the professional development of those involved in the process and for the company’s environment.
Its main advantages are:
- increased productivity;
- development of knowledge and skills;
- talent development and retention;
- leadership development ;
- optimization of the organization’s work environment.
Due to the multidisciplinary nature of mentoring, it can be used throughout the business structure with the aim of achieving optimal progress.
Other types of mentoring
There are several types of mentoring for professional and work development that you can adopt in your strategy. Learn about their characteristics below.
Formal and informal mentoring
In formal mentoring , the mentoring process is based on a contractual relationship between the mentor and the mentee, for example, corporate training programs .
This type of mentoring is ideal for CEOs.
On the other hand, the informal one does not have a methodology of guidelines to follow or aspects to evaluate. Both parties determine and establish the conditions.
Peer to peer mentoring
It is a “peer-to-peer” mentoring. The participants are at the same hierarchical level, providing advice, support and skills training .
Due to its nature, it is frequently used in the academic field, but is not exclusive for its implementation within an organization.
Situational Mentoring
This is a mentoring program for the development of a skill or for a specific purpose.
Cross mentoring
It consists of the exchange of mentors and apprentices.
When used in the business field, the method is to move workers from one sector to another, so that they become familiar with the practices and work of other departments and have a broader vision of the company’s production chain.
It’s also great practice for CEOs.
Group mentoring
In this case, the mentor meets with a group of mentees at the same time who are involved in the same project or have a common interest.
Individual relationships are not created; on the contrary, the common welfare of the group is sought. These can be face-to-face or online meetings to monitor and/or update information.