Mentoring Insights Newsletter: Real advice from real mentoring programs
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Mentoring is a Learning Solution (+ Challenges and Golden Rules)

Jai Chaggar
Director of Customer Success
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Together Platform

Mentoring is more than an accessory in people development – it's a key player in facilitating the flow of knowledge and skills throughout an organization. Whether it’s experienced professionals sharing their wisdom with up-and-comers, younger folks sharing new perspectives with senior leaders, or colleagues building connections with each other, mentoring breaks down knowledge silos and unlocks learning opportunities. 

But here's what we're digging into: Is mentoring a full-blown learning solution

In this chapter, let’s take a closer look at how mentoring is not just a piece of the learning puzzle but a significant player in your learning and development strategy. We’ll also tackle the tough parts – the challenges mentoring faces in corporate learning, and the best ways to make it work. 

Why is mentoring a learning solution?

Mentoring offers unique advantages in skill and knowledge development, alignment with business objectives, personalization and flexibility to cater to individual needs. 

Mentoring programs not only support the professional growth of employees but also align with the strategic goals of the organization, making it an indispensable tool in the toolkit of HR professionals and L&D experts.

Helps employees acquire relevant skills and knowledge 

Mentoring serves as a dynamic way to develop relevant specific skills and knowledge. 

It goes beyond traditional training by offering personalized attention, individualized conversations, and tailored activities, which are key reasons why people increasingly seek mentorship in their professional lives​​. 

For example, a mentoring relationship can focus on building leadership skills like strategic thinking or more technical skills such as budget planning, depending on what the mentee needs to develop. 

Guides new hires to understand work culture and network

Mentors can be invaluable in helping new employees understand the company culture and develop relationships across the organization, which is particularly important as 90% of learning is informal​​. 

Plus, mentoring serves as a platform to discuss career goals while offering development opportunities, thereby aligning individual aspirations with the organization's objectives. 

Adapts to individual needs and offers flexibility

The beauty of mentoring lies in its inherent flexibility and adaptability to individual needs and goals. 

Unlike one-size-fits-all training programs, the duration and focus of a mentoring relationship can be tailored to the specific development areas identified by the mentee. Whether the relationship lasts for a month or a year, the key is ensuring progress toward goals and improvement in identified development areas​​. 

Plus, with the advent of technology, mentoring has become more flexible than ever. Meetings can be conducted face-to-face or virtually, allowing mentors and mentees to connect regardless of geographical location. This flexibility not only enhances the learning experience but also expands the possibilities of mentor-mentee pairings​​.

Benefits of mentoring in corporate learning

Mentoring not only enhances individual skill sets but also aligns with broader organizational goals, contributing significantly to continuous learning, adaptability, and improved business outcomes.

Fosters holistic professional development

Mentoring transcends traditional technical skill development by embracing a more comprehensive approach. It offers mentees a chance to gain practical knowledge and insights from seasoned employees, fostering growth in areas like leadership, communication, and strategic thinking. These benefits extend to mentors as well, who get to expand their professional knowledge and skills, contributing significantly to their personal and professional development. 

Promotes continuous learning and adaptability

Mentoring promotes a culture of continuous learning and adaptability. 

For mentees, it provides an avenue for ongoing professional development and confidence-building, along with a deeper understanding of institutional knowledge. Mentors, in guiding others, often find opportunities to reassess their own perspectives and approaches to work, fostering an environment where continuous improvement is the norm. 

Impacts organizational objectives

The impact of mentoring on business results is evident across various levels. 

For mentees, the guidance and support from mentors leads to increased confidence and a broader understanding of organizational workings, contributing to enhanced job performance. 

Mentors gain fulfillment and satisfaction from helping others, which can translate into higher job engagement and retention. 

From an organizational perspective, mentoring facilitates the development of high-potential leaders, ensures the transfer and maintenance of institutional knowledge, and fosters a more inclusive, diverse, and collaborative work environment. These factors collectively contribute to improved employee retention rates and a stronger organizational structure​​​​.

How to prepare for challenges you may encounter

While mentoring offers numerous benefits, there are challenges to prepare for, just like with any L&D strategy. But the beauty of mentoring is that once you build and launch a successful program, you have a repeatable process in place and it becomes easy to replicate and scale. 

A lot depends on your approach to running a mentoring program, and whether you’re taking the manual route with spreadsheets, and have a way to monitor the process and measure outcomes from the program. 

Ensuring effective pairing, maintaining engagement, navigating power dynamics, and securing commitment are vital steps in leveraging mentoring as an impactful tool for corporate learning.

Use surveys to avoid mismatched mentor-mentee pairs

The backbone of a successful mentoring program is matching the right mentors with the right mentees. It’s a delicate balance of aligning skills, personalities, and objectives. Mismatches can lead to ineffective mentorships, and hinder program goals and employee development​​. 

Plus, power dynamics and potential conflicts of interest can complicate relationships, especially when mentors and mentees share a working department or personal connection. 

Solution: In a mentoring program with few participants, you have the flexibility to personally match mentors. However, for this approach to work, you need a deep understanding of your employees. If you're not familiar with them to that extent, it’s best to use registration surveys for gathering information about your participants. This will allow you to categorize individuals based on their skills and goals, and find the perfect mentor for each mentee.

🗒️ Want a ready resource to build your survey? Get started with our Mentorship program survey questions: 28 examples

With large or multiple mentorship programs, we recommend using mentorship software, because we don’t want you to spend days poring over spreadsheets. A mentoring software with a matching algorithm can do this at scale and with remarkable accuracy based on the skills and goals of each participant. 

Not just matching, a mentoring platform like Together can take more off your plate – it can actively monitor the success of these pairings with health reports, flagging any that are not meeting or have lower session scores, which helps you intervene just in time to re-align or support the pairs as needed. This systematic approach leads to a high success rate in mentorship programs (with Together, we have a 98% match success rate) while meaningful connections and providing continuous oversight and development. 

Lean on technology for an efficient matching process 

People leaders often rely on a manual matching process, using spreadsheets and personally recruiting mentors based on profiles and criteria. This process is time-consuming but it can work if you have under 50 employees. Plus, even with a database with employee profiles, experience levels, and skill sets, you’d have to be careful not to rock hierarchies, or inadvertently create a mismatch.  

In addition, if you’re trying to run a mentoring program with larger employee numbers, imagine trying to dig into each person’s experience, skills and learning needs in order to make relevant matches. Sounds like a full-time job? We got you covered with a solution.

Solution

A mentoring program is best run with the help of technology. Mentoring software can do in minutes what takes you days to accomplish. To show you what we mean, let’s view the example below from our ROI of mentorship calculator. For instance, if you have 500 employees that you’d like to enroll in a mentoring program, you’d have to spend 1,044 hours making mentor-mentee matches! 🤯But, with software, you can do it in 12 hours, even when you decide to scale to 1,000 or 5,000 participants.

You can also use our calculator for free and input the number of participants for your program to see exactly how much time and cost you can save with an intelligent software. 

Promote your mentoring program to drive engagement and participation

A common stumbling block in mentoring programs is sustaining engagement. Employees are busy in their roles and may not realize the impact mentoring can have in their personal and professional development. A lack of engagement can diminish the impact of the mentoring relationship​​ and ultimately affect the success of your program.

Solution: Bring your mentoring program where your employees work, in their native environment. For instance, if all their messaging and collaboration takes place in the Microsoft Teams environment, make sure your mentoring program is visible and available in the same environment with the help of integrations.  This way, employees don’t have to switch between apps and can get their session alerts right within Teams.

Establish clear goals and expectations at the start, possibly formalized in mentorship agreements, and promote your mentoring program internally by sharing the benefits of mentoring for both mentors and mentees as well as success stories through email and at company-wide meetings. Provide customizable session agendas to help the relationship launch with a great start.

You can also incentivize and gamify participation with the help of session scores and leaderboards. These tactics boost engagement levels and ensure both parties remain actively involved. Share mentor and mentee handbooks to guide your employees, along with resources on making the most of mentoring relationships so that they can apply those learnings and derive the maximum benefit. 

Golden rules for using mentoring as a learning solution

Successful mentoring programs are more than just matching mentors with mentees. They require a strategic approach and adherence to certain best practices to ensure they yield the best results for everyone involved.

Here’s some expert-recommended golden rules for effective mentoring:

1. Clearly define objectives and secure leadership buy-in

Effective mentoring programs start with clear, SMART objectives and strong leadership support. Well-defined goals, like improving new employee retention by a specific percentage, or boosting diversity, provide direction and justify leadership buy-in​​. 

2. Balance structure and flexibility

While a certain level of structure is necessary for smooth running, mentoring programs also need flexibility to cater to individual learning and growth needs. This balance helps address varied outcomes sought by participants and their preferred learning methods​​. 

3. Promote the program effectively

Beyond natural enthusiasm, promoting the mentoring program effectively is key to ensuring high participation rates. Educating potential mentors, mentees, and key stakeholders about the program's benefits is crucial for its success​​. You can do this with the help of weekly emails (we have free templates) highlighting the benefits of mentoring for both mentors and mentees as and appointing champions within the company who have benefited from mentoring in the past. 

4. Emphasize the impact of mentoring

Building a base of mentors can be challenging, but understanding the factors that affect participation helps. Recognizing mentors' efforts and offering incentives can be motivating and help attract more mentors​​. A big myth about mentoring is that it is time-consuming, and that it only benefits mentees. By addressing these myths via workshops or team discussions, you can motivate employees to participate and see for themselves.

5. Prepare mentors and mentees for success

Training for both mentors and mentees about the program's goals and best practices is vital. Continuous guidance throughout the program helps participants stay focused and get the most out of their mentoring experience​​.

6. Ensure effective matching

The strength of the mentor-mentee match is crucial. Allowing mentees a say in the matching process and using mentoring software for recommendations based on learning needs and compatibility can enhance match quality​​.

7. Track and measure program success

Tracking program metrics and gathering feedback is essential to assess the mentoring program's success. Surveys can be a simple yet effective tool for capturing feedback from participants and stakeholders​​.

Mentoring's real-world impact on corporate learning

Mentoring transforms workplace learning by offering tailored, flexible development paths that align with both personal and organizational goals. It's this unique blend of personalization and strategic alignment that makes mentoring an essential part of corporate learning.

Let's solidify this understanding with three practical examples:

  • Randstad’s leadership development mentoring program: Demonstrating the power of diverse mentoring approaches, Randstad's program caters to 1,000 participants globally. With the launch of this program, Randstad slashed their employee turnover rate by 49% ​and saved nearly $3000 per participant per year.
  • Boeing’s organizational-wide mentoring program: This initiative emphasizes the importance of structured yet diverse mentoring opportunities. With a focus on leadership and career development, Boeing’s program integrates rotational, peer mentoring, and leadership mentoring, serving as a model for comprehensive development​​.
  • McGraw-Hill’s comprehensive mentoring program: With a focus on achieving specific mentoring objectives and enhancing job effectiveness, McGraw-Hill's program highlights the efficacy of structured mentoring in professional and personal development. The program's success is reflected in its high recommendation rates and the achievement of mentoring goals by participants​​.

These examples show us just how impactful mentoring can be in a corporate setting. They're concrete proof that the right mentoring program can make a big difference in how people learn and grow at work. 

UP NEXT: Mentorship and the Impact on Employee Experience

In the next chapter, we'll dive into how mentoring shapes skills and careers and profoundly influences the overall employee experience. Stay tuned to uncover the ripple effects of effective mentorship on employee engagement, satisfaction, and long-term retention in the workplace.