Customized Mentoring Programs

Build a Brighter Future for your Organization with Focus Mentorship

Leadership Coaching Centre for Women developed a Mentoring Program, ProMentoring, a training program that uses a mentoring framework customized to your organizational needs to assist with succession planning, retention, and to ensure key management skills are passed-on to future leaders in a focused and defined manner.

Implementing a mentoring program ensures that your organization is sustainable, and strengthened to meet the challenges of the 21st century dead on. It will help strengthen small to medium organizations today for the future.

How do you find and develop new leaders?
Are you struggling with retaining your best employees?
How do you demonstrate to new employees your company’s investment in their future with the organization?

Did you know; IBM started its mentoring program to build knowledge, foster learning, and connect people in a company of over 386,000 employees? The culture of mentorship runs so deep that every IBM employee is being mentored, mentoring others, or doing both; whether it’s to develop future leaders, help new employees, improve job satisfaction or morale. Mentoring programs are a three-way beneficial process – mentor, mentee and the organization.

How Mentoring Can Help

It helps not only the mentee and the mentor, but the organization as well.

71%

OF FORTUNE 500 COMPANIES HAVE MENTORING PROGRAMS

Investing in leadership capability pays off in performance, productivity and innovation.

22%

HIGHER RETENTION RATES

Mentees and mentors retention rates were higher when they had a mentorship program.

70%

MORE LIKELY TO ACHIEVE THEIR GOALS

Participants were more likely to achieve their goals when they wrote them down and shared them with a mentor.

84%

INCREASE IN MANAGERIAL PRODUCTIVITY

With the combination of coaching and mentoring.

Why Mentor?

Mentoring enables employees and rising leaders to garner first hand business knowledge and expertise through the development of a rewarding one-on-one relationship. This will benefit succession planning, retention and the growth and development of your organization.

77% of companies report that mentoring programs are effective in increasing retention. Replacement cost of one team member averages tens of thousands to 1.5-2.0x the employee’s annual salary (Josh Bersin, Deloitte). The cost includes: the cost of hiring, on-boarding and training, learning and development and time role is unfilled. Staggering isn’t it?

Think of it, two or more employees leave and you spend over $200,000 to replace them – mentoring can be an inexpensive method to improve retention and save money. What would you do if over $200,000 was suddenly freed up in your budget?

You know what else is staggering, according to a number of surveys, around 75% of individuals in the workplace are very active in communicating with head hunters and distributing their resumes! What is even more surprising about this statistic…..most of this happens within the first year of their employment…and you wonder why productivity is down?

Our Mentorship Program is a customized, intensive, participatory learning experience between your top tier employees management leaders and your mid-managers and mid-level professionals. Its two-pronged approach aims at educating and training awareness of the importance of leadership in both the organization and its employees.

Our leadership program uses the mentoring approach to help organizations harness and leverage their existing knowledge base and experience to:

Build and develop a new generation of management leaders in ongoing succession training
Minimize and forestall generational conflicts between Generation
Increase productivity and employee retention
Grow and develop market share

IS IT YOUR TIME TO FORMALIZE YOUR COMPANY’S MENTOR PROGRAM?

Use this checklist to assess your current mentorship program. Check any that matches your business.

Our Mentorship relationships are simply management team members reaching out to managers and are based on emotional chemistry alone. Our Mentorship relationships are currently moving into friendships where end-results become fuzzy or forgotten Corporate goals are forgotton or meander down tangent trails Management is questioning the cost of allowing mentoring sessions during office hours

If you answered ‘Yes’ to any of the above, it’s time to consider formalizing your mentorship program.

Benefits of Formalizing Your Mentorship Program:

Customized Mentor Program, customized for your company

Executive level input on objectives (eg. training for management, people skill training, advanced technology)

ROI reports to decision maker(s)

Module 1

MENTORING RATIONALE & HISTORY

Origin of mentoring
Evolution of mentoring
Myths of mentoring
Famous mentor parings
Why mentoring matters to organizations
Why develop a mentoring program
Why mentoring matters to mentors
Why it matters to mentees
Which employee teams/group might benefit from being part of a formal mentoring program?
Mentors/Mentees stories

Module 2

MENTORING TRAINING AND MENTOR DEVELOPMENT

Purpose of mentoring in your organization
Benefits for the mentor
Benefits for the mentee
What should I look for in a mentee
Key to a successful mentor/mentee match
Mentor/Mentee Agreement
First meeting
Developing a successful Mentor/Mentee Relationship
Building Trust
Mentee Expectations of a Mentor
Mentoring different generations
Maintaining the Mentor/Mentee Relationship
Cultural and Diversity Awareness

Module 3

MENTEE TRAINING & MENTEE DEVELOPMENT

Purpose of Mentoring in Your Organization
Roles of a Mentor
Benefits to the Mentor
Benefits to the Mentee
What to Look for in a Mentor
Areas of Discussion for you and your Mentor
Success Mentee/Mentor Matching
Mentor/Mentee Agreement
The First Meeting
Discussion during meeting
Developing a Successful Mentee/Mentor Relationship
Building and Maintaining Trust and Respect
Mentor Expectations of a Mentee
Cultural and Diversity Awareness

Module 4

MENTOR/MENTEE MATCHING

Speed Mentoring

Every Mentor Program is tailored to meet the organization’s unique mentoring requirements. Let’s talk about how a formal mentoring plan will work for your organization.