Identifying the Role of Corporate Mentoring In the Success ofan Enterprise

Posted by Shalamon duke on December 13th, 2019

The corporate culture in recent times has experienced a gamut of changes in adherence to the needs of the people and their changing expectations from their workplace and job responsibility. These days, the corporate houses are targeting the concept of holistic management and marketing and as a result of this, are focusing more on improving their core strength which is manpower.

Using motivation as a tool

Most of the huge business firms and conglomerates are investing their resources to build and improve the quality of their manpower in an attempt to expand and strengthen the business from within. In this respect, providing the right amount of motivation to the employees so that they are enthusiastic about their jobs and the achievement of their organisational goals is of primal importance. It is here where corporate mentoring swoops in.

An investment rather than expenditure

You must have heard your corporate peers complaining about how their firm is spending a considerable amount of money on hiring a mentor. Well, to put it in the right perspective, corporate mentoring is not really an expenditure but an investment and it is not just a casual statement but is backed by relevant stats.

According to the stats, skilled business mentors were able to increase the productivity of the company by about 58%. Moreover, it has also enabled the employees to start entrusting the firm with their career which has enhanced the scenario for employee retention.

Bridging the gap between a job and a career

Lack of motivation in employees can arise on account of multiple factors. One of the most common factors is that when employees do not consider their present job as a career choice. Most of them are looking to switch to a better opportunity and this holds them back from giving their best to the firm.

However, this mentality can be changed if the employees were to receive the right motivation from the right business mentors. A skilled mentor bridges the gap between the employee and the organisation and resolves the grievances if any. On one hand, this helps the employee feel valued in the organisation, on the other hand, it also increases the ROI for every individual.

Giving the right start

Corporate mentoring can be of great use when it comes to the orientation programme of the newly recruited employees. These new recruits are filled with a great deal of talent and energy and therefore need someone who can channelize their energy in the right direction.

A mentor shall help them get acquainted with the prevalent corporate culture and adapt it at a much faster rate. Moreover, it shall also make it easier for the company to deliver their strategies and objectives to the new employees so that they can flex their personal objectives in accordance with the company objectives.

Mentoring enables the employees to identify their true potential and create a niche for themselves in the organisation and the industry at large.