how to use mentoring in your workplace

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Mentoring and Talent Development Solutions HOW TO USE MENTORING IN YOUR WORKPLACE By Chronus Corporation www.Chronus.com

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Page 1: How to Use Mentoring in Your Workplace

Mentoring and Talent Development Solutions

HOW TO USE MENTORINGIN YOUR WORKPLACE

By Chronus Corporationwww.Chronus.com

Page 2: How to Use Mentoring in Your Workplace

Mentoring and Talent Development Solutions

MENTORING AND THE EMPLOYEE LIFECYCLE

Mentoring at all employee stages contributes to: New hire productivity and retention Employee career development Leadership chain development Diversity and inclusion initiatives Knowledge transfer among generations

Mentoring promotes employee engagement and ultimately, retention

Page 3: How to Use Mentoring in Your Workplace

Mentoring and Talent Development Solutions

RESEARCH – IMPACT OF MENTORING

Mentoring can have a big positive effect on promotion and retention rates

http://knowledge.wharton.upenn.edu/article.cfm?articleid=1736

Page 4: How to Use Mentoring in Your Workplace

Mentoring and Talent Development Solutions

ACHIEVE THIS IN YOUR WORKPLACE!

Consider mentoring for the following uses in your organization:

Continue to see a few examples of how it’s done!

Page 5: How to Use Mentoring in Your Workplace

Mentoring and Talent Development Solutions

EMPLOYEE CAREER DEVELOPMENT

Encourage a learning culture through mentoring to ensure:

Employees actively spread knowledge and best practices throughout the org

Development of individual competencies

Development of a personal network of resources

Cementing of corporate values and culture

Helping employees develop their careers increases engagement andproductivity while decreasing retention rates.

http://chronus.com/resources/daimler-trucks-reinvents-corporate-mentoring-program

Page 6: How to Use Mentoring in Your Workplace

Mentoring and Talent Development Solutions

LEADERSHIP DEVELOPMENT

Mentoring engages and developsyour high potentials by

Exposing them to different areas of your business

Developing leadership skills Learning what is expected in

future roles

With mentoring, hi-pos learn faster and can take on leadership positions sooner

Page 7: How to Use Mentoring in Your Workplace

Mentoring and Talent Development Solutions

DIVERSITY MENTORING

Diversity initiatives help organizations: Promote cultural awareness Create an inclusive corporate culture

Mentoring is an effective method to: Promote a sense of trust, belonging,

support, and encouragement to employees

Inspire employees to perform at their best

Help your org stand out from competitors

http://www.forbesmedia.com/files/

Innovation_Through_Diversity

Page 8: How to Use Mentoring in Your Workplace

Mentoring and Talent Development Solutions

REVERSE MENTORING

Senior employees learn new technologies and trends from younger workers to:

Increase multi-generationalunderstanding and engagement

Transfer skills

Reverse mentoring is atwo-way street benefittingall participants

HARTFORD INSURANCE implemented a reverse-mentoring program consisting of a group of senior managers and junior employees who were paired into mentoring groups. These mentoring interactions have saved the company both time and money through improvements in planning campaigns, advancements in the company’s internal electronic communications network, and newly engaged millennials who are eager to make a difference at their company.

http://www.bc.edu/content/dam/files/research_sites/agingandwork/pdf/publications/hartford.pdf

Page 9: How to Use Mentoring in Your Workplace

Mentoring and Talent Development Solutions

KNOWLEDGE TRANSFER

Every org has vital in-houseknowledge and skills. Mentoringensures:

Skills are passed on Employees have direct

access to the keepers ofthis important knowledge

Personal, informal learning that’s more engaging thantraining manuals, intranets, and LMS systems

Page 10: How to Use Mentoring in Your Workplace

Mentoring and Talent Development Solutions

MAKE IT EASY WITH SOFTWARE

Consider software if you:

Have more than 50 participants

Want to reduce your time andcost by automating matching and routine tasks

Want to get started fast with proven guided mentoring workflows out of the box

Need to report true business impact metrics to your leadership

Want to scale your program to more participants or locations

Chronus software for mentoring

Page 11: How to Use Mentoring in Your Workplace

Mentoring and Talent Development Solutions

NEXT STEPS

• Read this entire best practices whitepaper• Consider software to help you start,

manage, and measure a successful mentoring program

www.Chronus.com

Click here to access our complete whitepaper: “How to Use Mentoring In Your Workplace”