WHY ADOPT MENTORING BEST PRACTICES
The realities of the workplace are that culture is more a word than a reality, yet it is a must in the Age of the Customer (AoC). While many companies have engaged in a mentoring practice it has never before been formalized.
Experienced workers are retiring at an ever increasing pace.
Millenials want to be mentored.
Most mentor programs fail due to lack of corporate support, structure and training.
According to a 2007 study by Ernst & Young Aging US Workforce Survey: Challenges and Responses an Ongoing Review , "As employers are paying more attention to the literal transfer of business wisdom from their baby boomers to the next generation, one of the practices having significant success is mentoring. In the past, the role of the mentor has been a relatively informal one. With this newly defined need, however, companies are formalizing the practice"