What are the benefits of mentoring?
Mentoring benefits the organization, mentors and mentorees. A successful mentoring program benefits your organization by: • Enhancing strategic business initiatives • Encouraging retention • Reducing turnover costs • Improving productivity • Breaking down the “silo” mentality that hinders cooperation among company departments or divisions. • Elevating knowledge transfer from just getting information and to retaining the practical experience and wisdom gained from long-term employees. • Enhancing professional development. • Linking employees with valuable knowledge and information to other employees in need of such information • Using your own employees, instead of outside consultants, as internal experts for professional development • Supporting the creation of a multicultural workforce by creating relationships among diverse employees and allowing equal access to mentoring. • Creating a mentoring culture, which continuously promotes individual employee growth and development. Mentors
