How to Use Mentoring in Your Workplace

How to Use Mentoring in Your Workplace

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  Mentoring and TalentDevelopment Solutions HOW TO USE MENTORING IN YOUR WORKPLACE By Chronus Corporation www.Chronus.com
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  Mentoring and TalentDevelopment Solutions MENTORING AND THE EMPLOYEE LIFECYCLE Mentoring at all employee stages contributes to: New hire productivity and retention Employee career development Leadership chain development Diversity and inclusion initiatives Knowledge transfer among generations Mentoring promotes employee engagement and ultimately, retention
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  Mentoring and TalentDevelopment Solutions RESEARCH – IMPACT OF MENTORING Mentoring can have a big positive effect on promotion and retention rates http://knowledge.wharton.up enn.edu/article.cfm?articleid =1736
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  Mentoring and TalentDevelopment Solutions ACHIEVE THIS IN YOUR WORKPLACE! Consider mentoring for the following uses in your organization: Continue to see a few examples of how it’s done!
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  Mentoring and TalentDevelopment Solutions EMPLOYEE CAREER DEVELOPMENT Encourage a learning culture through mentoring to ensure:  Employees actively spread knowledge and best practices throughout the org  Development of individual competencies  Development of a personal network of resources  Cementing of corporate values and culture Helping employees develop their careers increases engagement and productivity while decreasing retention rates. http://chronus.com/resources/daimler- trucks-reinvents-corporate-mentoring- program
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  Mentoring and TalentDevelopment Solutions LEADERSHIP DEVELOPMENT Mentoring engages and develops your high potentials by Exposing them to different areas of your business Developing leadership skills Learning what is expected in future roles With mentoring, hi-pos learn faster and can take on leadership positions sooner
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  Mentoring and TalentDevelopment Solutions DIVERSITY MENTORING Diversity initiatives help organizations: Promote cultural awareness Create an inclusive corporate culture Mentoring is an effective method to:  Promote a sense of trust, belonging, support, and encouragement to employees  Inspire employees to perform at their best  Help your org stand out from competitors http://www.forbesmedia.com/file s/Innovation_Through_Diversity
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  Mentoring and TalentDevelopment Solutions REVERSE MENTORING Senior employees learn new technologies and trends from younger workers to: Increase multi-generational understanding and engagement Transfer skills Reverse mentoring is a two-way street benefitting all participants HARTFORD INSURANCE implemented a reverse-mentoring program consisting of a group of senior managers and junior employees who were paired into mentoring groups. These mentoring interactions have saved the company both time and money through improvements in planning campaigns, advancements in the company’s internal electronic communications network, and newly engaged millennials who are eager to make a difference at their company. http://www.bc.edu/content/dam/files/re search_sites/agingandwork/pdf/publicati ons/hartford.pdf
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  Mentoring and TalentDevelopment Solutions KNOWLEDGE TRANSFER Every org has vital in-house knowledge and skills. Mentoring ensures: Skills are passed on Employees have direct access to the keepers of this important knowledge Personal, informal learning that’s more engaging than training manuals, intranets, and LMS systems
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  Mentoring and TalentDevelopment Solutions MAKE IT EASY WITH SOFTWARE Consider software if you: Have more than 50 participants Want to reduce your time and cost by automating matching and routine tasks Want to get started fast with proven guided mentoring workflows out of the box Need to report true business impact metrics to your leadership Want to scale your program to more participants or locations Chronus software for mentoring
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  Mentoring and TalentDevelopment Solutions NEXT STEPS • Read this entire best practices whitepaper • Consider software to help you start, manage, and measure a successful mentoring program www.Chronus.com Click here to access our complete whitepaper: “How to Use Mentoring In Your Workplace”