1a. Derive Organizational and Personal Benefits from Mentoring

Effective mentoring programs benefit the mentor and the organization by promoting a development culture, increasing knowledge sharing, driving performance, and expanding networks, as detailed below:

Benefits to the Mentor

  • Drives self-awareness
  • Expands the mentor’s professional network
  • Improves leadership skills
  • Increases awareness of available talent throughout the organization
  • Increases likelihood of receiving a promotion
  • Increases visibility throughout the organization

Benefits to the Organization

  • Builds bench strength
  • Creates a culture of development
  • Drives employee engagement and retention
  • Fosters productivity and performance
  • Increases cross-organizational communication
  • Provides a low-cost development opportunity

Benefits to the Mentee

  • Accelerates development
  • Enhances self-esteem and confidence when interacting with senior leaders
  • Expands the HIPO’s professional network
  • Increases job satisfaction and effectiveness
  • Increases likelihood of receiving a promotion
  • Increases perspective and knowledge of different functions