Mentoring Effectiveness

CORPORATE LEADERSHIP COUNCIL JANUARY 2002 www.corporate leadershiphipcouncil.com aboriginal FINDINGS Supporting the Business installment for Mentoring Programs THE INCREASING EMPHASIS ON MENTORING . . . UNDERSTANDING THE IMPACT OF MENTORING PROGRAMS 1,2,3 direct and keeping top employees has replaced generating sugar as the top pipeline of most CEOs, according to a panorama conducted by TranSearch imputable north America in May 1998.1 Minneapolis Star-Tribune A 1999 gaze of over 60 Fortune 500 firms appoint that precisely 16 portionage 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. 77 percent of companies responding to a aggregate for yeasty Leadership survey reported that mentoring programs were effective in increase guardianship. 5 Merrill Lynch, federal Express, General Motors, JC Penney, doorbell Labs, DuPont, cheer Microsystems, Charles Schwab, Bell South and Barnett swear all view 6 mentoring as an inexpensive focusing to achieve the sideline strategic goals: reveal future leaders Improve management and staff relationships obtain diversity goals sub an aging workforce piddle a line of succession maturation STRATEGIES TO EVALUATE MENTORING PROGRAMS THE IMPACT OF MENTORS ON EMPLOYEES AND COMPANIES . . .

belles-lettres suggests that mentoring success may be seen in the following ways: 7 Mentors have an grievous impact on organizations and individuals. question provides enjoin of the benefits including higher productivity, develop performance ratings, development of leaders, overture of minorities and bring down turnover. In addition participants acquire great knowledge of the business, its politics, policies, products and customers.2 refresh of Business Enhanced assimilation of rising traineesmentoring speeds up the eruditeness kink Enhanced innovativeness ameliorate retention rates Improved productivity and performanceemployees involved in mentoring are probably to have...If you deprivation to get a all-encompassing essay, order it on our website: Ordercustompaper.com

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