Mentoring is good for business. With a good mentoring programme a business can easily become a more efficient and productive place. As a practice, it goes beyond what traditional training can offer by engaging the employee at a more personal level. It customises the training to build specifically on the mentee’s strengths and improve areas of weakness. All of this translates into an employee who contributes to a healthier profit. Here as some of the ways mentoring does that.
Better than Training Courses
Traditional training is expensive and it’s time-consuming. Not only that, but its one-size-fits-all nature makes it inefficient. It’s not bad for “how-to” subject matter, but running a business is much more nuanced than just “how-to”. A person in your office may be technologically skilful and still not understand the business. Mentoring, however, corrects that. It trains people according to who they are and what they bring to table. It integrates them into the business rather than shows them simply how perform duties. When you have a person fully engaged and understanding the business, it almost necessarily means more productivity which logically leads to more profit.
Teaches the Intangibles
“Corporate culture” has been a popular phrase in recent decades. It speaks to the intangibles that make a business what it is. And even smaller businesses have their cultures. Some of intangibles include values, beliefs, norms, symbols, habits, visions and even a specific language or jargon that is unique to the business. While these intangibles can be picked up in a meeting or a classroom, they are usually taught informally and by example. You can’t train a person into the business’ culture. And yet those who become invested in the culture become more engaged in the company. Loyalty and commitment grows out of embracing a corporate culture. Mentoring within the business is a great way to share these intangibles and encourage the less experienced worker to commit to making the business a success.
Promotes a Common Purpose
Part of what the mentor will communicate through his examples and guidance will be the business’ vision. Once the employee understands what the company is about and feels comfortable exercising his skills and knowledge in the work place, he is more likely to adopt the vision. This is turn will put him “on the same page” and will promote a common purpose. When everybody is working together for the same goal, can success be far behind?
A Team of Experts
A mentor shares his years of experience to help his protégé become more skilled and successful at his work. What mentoring does is multiplies the number of experts in the company. Anybody doing business with the company will quickly see how readily available help is and grasp the professional nature of the enterprise. A solid mentoring programme helps assure the company will have a skilled workforce committed to the business’ success. When a business shows that its foundation is excellence, people will come to it. Mentoring can help build that foundation in a unique and powerful way. Creating a team of experts who knows how to do an effective job is a sure way to see productivity and profits grow.