Why mentoring?

“Mentoring is an important approach for talent development professionals. Because it provides an enormous positive impact. In a competency-driven organisation, effective knowledge transfer and knowledge management cannot just be a bullet point on a strategic plan. Organisations that will excel will be those that are best able to create cultures that truly value knowledge capture and sharing in which mentoring is one of the most effective way to achieve both the transfer of knowledge and skills“.
[Marina Oro, senior L&D strategist]

In brief, it is one of the most effective staff development method, and it is cheap because mostly embedded in the organisation.  It’s a triple-win situation, i.e. the benefits are on all sides — as research shows:

1. Benefits for the mentee: Improved performance and productivity // Career opportunity and advancement // Improved knowledge and skills // Greater confidence and well-being (see more here on the video: Why become a mentee on a mentoring programme).
2. Benefits for the mentor: Improved performance // Greater satisfaction, loyalty and self-awareness // New knowledge and skills // Leadership development
3. And for organisations: Staff retention and improved communication // Improved morale, motivation and relationships // Part of the Learning Organisation

Here what others say, e.g. Art of Mentoring, Eco Canada or from a business perspective.