Mentoring           

                                 Benefits

 

 

 

 

 

 

    About Us and Clients

    Contact Us

    Sign-Up - Newsletter

    White Papers

 

 

 

   M*O*R*E* Workshop

     Agenda

    

 

 

 

 

 

 

  

n Benefits

 

Benefits for the Mentee

The most obvious beneficiary of mentoring is the person being mentored.

 

Access to information.  Mentors are primarily selected for the information, knowledge, or skills they possess, as well as the ability to provide the mentee with direct access to that information.

 

The experience of others.  The mentee can learn vicariously what the mentor took years to absorb through experience.

 

Higher levels of confidence. The mentee can garner greater confidence by knowing that an experienced individual is available to check information, make sure the skill is executed properly, and provide additional help, encouragement, and support.

 

Opportunities to practice new skills and try ideas in a safe environment. The mentor may provide an environment protected from critique by others while the mentee explores ideas and tries out untested skills. Once a new idea has been thought through or a new skill has been elevated to the appropriate level of expertise, the mentor can provide encouragement for its use in a larger environment.

 

Protective feedback. Practice makes perfect--as long as there is feedback. Because of the mentor's level of expertise and the access the mentee has to the mentor, the mentee can receive feedback on how the new skill should be acquired and what changes are necessary.

 

Opportunities to vent frustrations and anxieties.  New job assignments, colleagues' attitudes, downsizing, restructuring, and overall changes within an organization frequently increase levels of frustration and anxiety. Mentors may provide the opportunity to express those frustrations and suggest ways to overcome them.

 

Motivation.  Changes, especially with attitudes, often require time and energy to complete. Mentoring relationships can encourage and motivate mentees to continue learning new skills, attitudes, and information.

 

Networking.  There is an increasing emphasis on the importance of networking within organizations, industries, and disciplines. Contacts made through the mentoring relationship and through the mentor's other professional relationships give the mentee access to knowledge and information more efficiently.

 

Benefits for the Organization

The organization benefits from mentoring in a variety of ways (e.g., Newby and Heide, 1992; Zey, 1991).

 

Increased levels of expertise.  Mentoring fosters increased productivity by providing assistance, guidance, and informal skill training for the mentee.

  

Reduced turnover.  Mentoring helps prevent talented mentees from becoming lost in the corporate woodwork. With the increase in organizational downsizing and reorganization, many individuals are beginning to feel like they are "just another number" to the organization and that no one really cares about what happens to them.  The one-on-one relationship acquired through mentoring helps foster a feeling of caring and support through such trying times. Mentees feel like someone cares for them and mentors feel like they have something to give. Both mentors and mentees feel like the organization, as a whole, still cares about them.  

    

Development of managerial talent.  A mentor can provide skills and knowledge that a mentee may not otherwise receive.  Within many organizations, individuals go to training for such skills only after they have entered a managerial position. Through mentoring the mentee builds these skills earlier so that he or she will be ready for a leadership position when it becomes available. Even if the mentee is not interested in a managerial position, the organization will receive the benefit of the mentee's leadership skills.  The mentoring process increases the mentor's skills of communication, problem solving, and resource management as he or she models these skills for the mentee.

 

Increased integration.  The mentor can help the mentee accept the organization's vision, mission, and goals and facilitate the mentee's sense of belonging.

 

More efficient training.  Mentoring can be one of the most cost-effective tools for maximizing training dollars.  Using the knowledge and talent within the organization reduces outside training costs, vendor contracts, traveling, and more.  In addition, even if an individual has attended a training activity, the reinforcement it provides adds to learning and retention.

 

Increased loyalty.  When individuals invest their own time and energy in a process, they tend to be more committed to the organization supporting that process.  A mentor who helps an individual succeed within the organization has a sense that he or she is helping both the organization and the individual grow.  The mentee feels as though the organization cares about him or her and is more willing to make a commitment to the organization in return.

 

Benefits for the Mentor

The benefits for the mentor are less apparent, but just as important (Murray and Owen, 1991; Schulz, 1995).

 

Augmented work assistance.  As the mentee practices new skills, he or she may be able to perform tasks the mentor usually does. 

 

Enhanced career.  As the organization begins to recognize a mentee, the reputation of his or her mentor grows.

 

Increased pride and satisfaction.  Guiding, watching, and helping another individual achieve his or her potential fosters satisfaction and a sense of pride in the mentor, who has had a direct hand in the mentee's success.

 

Valuable information.  Mentees may have access to information at different levels within the organization that is not readily available to the mentor. This information may provide a new perspective on what others feel about the organization and its members.

 

Increased competency and confidence.  Being selected to mentor, teach, and coach others in the various aspects of one's own job or workplace implies that one has a high level of skill and knowledge, which can boost confidence. 

 

Enhanced challenges and interest.  Mentoring can add a new aspect and variety to jobs and tasks that may have become mundane. 

 

Job satisfaction and retentionIn today’s workplace, research across a wide range of professions demonstrates that employees who are involved in mentoring relationship have higher levels of job satisfaction and higher levels of commitment to their organizations.  A recent study reported that 35% of employees who do not receive regular mentoring planned to seek other employment within a year.  In contrast, only 16% of employees with good mentors were planning to leave their companies.

 

Copyright © 2006 The Ryan Group, Inc.