As an executive, you’re likely thinking about how you can create an ideal environment that sustains continual employee growth. Mentorship programs can do just that. Internal mentoring programs provide a multitude of advantages that can help foster the culture you want within your organization. When you introduce mentoring for employees, you are giving them the tools and resources they need to progress and grow into the leaders and changemakers of your company.
But how do you create an effective mentoring program that will provide you with all of these benefits? High-quality mentoring programs tend to have a few things in common. We’ve broken down what we consider the top five qualities of an effective program.
A strong mentoring program is put in place with specific key performance indicators (KPIs) that can be used to gauge the overall success of the program. When a program is structured with clear, realistic goals, it will yield better results down the road. Taking the time to set attainable and measurable goals will guide the program as well as provide direction for participants and facilitators.
An effective program should also encourage each individual mentoring pair to set their own specific goals. This helps mentors and mentees prepare to navigate conversations and activities that ensure both are getting the most out of their experience. While some mentoring programs focus on general conversation, we’ve found that setting clear development goals works to keep a partnership on track and produce measurable results. Our programs begin with a Pre-Mentoring Assessment to identify a mentee’s strengths and opportunities. The results allow mentees to set clear development goals with their mentors, giving the pair something concrete to work towards throughout the partnership.
Those clear goals and objectives won’t be of any use to you unless you measure your program’s progress against them. Being able to quantify your program at its completion is essential to determine whether or not you met your goals. An excellent mentoring program execution measures progress continuously as it runs.
Ultimately, mentoring should never be static, as it is constantly changing and evolving with each new partnership. Having measurable results will help you to continually grow your mentoring program. This can be done in a variety of ways, such as conducting surveys at different points in the program or tracking the career trajectories of former participants and comparing them to non-participants. The results of a successful mentoring program—increased employee satisfaction, engagement, and retention—should speak for themselves.
At the heart of every good mentoring program is the mentor-mentee relationship. Mentees need the right mentor to help them open up and engage in vulnerable, productive dialogue. Matches made by computer algorithms aren’t always the best choice, and mentoring programs that rely on these artificial solutions aren’t giving their mentoring pairs the best chance of success.
Menttium’s industry leading match process uses skilled interviewers to match mentees with their ideal mentor, not just someone similar to them. By getting to know each participant on a deeper level, we are able to pair two people together who would benefit from each other’s varying backgrounds and experiences. Rather than making a match based on similar backgrounds, we focus on who would be most effective in helping their mentee reach his or her goals.
Offering essential tools and resources that supplement and support mentoring pairs is another clear indicator of a strong mentoring program. Education and learning are vital for continued growth, which is why Menttium offers monthly business education webinars for our program participants. We focus on topics relevant to emerging leaders and high-performing business professionals. Each session features a mentor who shares their personal experiences with the topic of focus. These webinars can provide an excellent topic of discussion for mentors and mentees in a one-on-one setting, as well, allowing them to dive in deeper.
Additional resources also work to keep a mentoring program on track from start to finish. In addition to the Pre-Mentoring Assessment that helps incoming mentees set goals, we also run program orientations and launches, and periodically survey program participants to assess the overall success of the mentoring program. And in the interest of helping mentoring pairs self-regulate and keep the partnership on track, we provide monthly eMinders—tip sheets sent to mentees and mentors that allow them to gauge their progress and provide ideas for areas of focus.
If there is one thing that employees look for in their company, it is career development opportunities, whether that means continuing education or a robust internal program. An effective mentoring program encourages participants to grow professionally and advance within a company. Mentoring programs are the perfect opportunity to invest in key talent and build them into confident leaders. Mentors can help their mentees develop skills needed to navigate any challenges and successes they will encounter in the workplace.
Building a mentoring program that has every essential quality can be a difficult task. Let Menttium bridge the gap by helping you design, facilitate, and administer an internal or cross-company program. We are eager to help you set clear goals that will boost engagement, increase productivity, improve retention, and provide critical career development for employees. With 28 years of success under our belt, we know how to build high-quality, effective mentoring programs.
We want to help you give your key talent the tools needed to evolve into confident leaders within your company. From business education webinars to valuable one-on-one conversations, the resources we provide cultivate the ideal environment in which employees can develop critical thinking skills, explore their personal brand, and grow their confidence. Contact us today to learn more about how your company and employees can benefit from our services.