Current Employment Trends and Their Implications for Business, Society, and Individuals
February 12, 2025
Talent Management by Successful Companies The previous articles discussed how successful companies develop and nurture leaders and groom them for higher roles as their career progresses. The role of the HRM function is critical, as there needs to be excellence all around and not just in one area. In other words, it is not enough […]
Building a society that is responsive to, encouraging and favourable to Youth Entrepreneurship is the responsibility of every society as well as the Government. Encouraging the Youth to become entrepreneurs has a lot of advantages in terms of solving problems of unemployment in the economy as well as paving way for the innovation and growth […]
Employee happiness is not a choice for today’s employers but it is a need which may directly impact the organization’s topline and bottomline profitability. Employers who have realized the importance of work-life balance are more profitable and successful, as such organization’s tend to have employees who are more happy, creative, love to take challenges fearlessly […]
What is the Great Resignation and why are Tech Titans like Nadella and Pitchai Worried? Ever since late last year, there has been an increasing trend of employees across the corporate world quitting their jobs in record numbers. Surveys by leading consultancies such as PWC (Price Waterhouse Coopers) as well as the well respected Microsoft […]
Training implies enhancing the skills and knowledge of the employees for performing a specific job. Training tries to improve employees’ performance in current job and prepares them for future job. The crucial consequence of training is learning. Objectives of Employee Training Programmes To prepare employees to meet the varying and challenging needs of the job […]
Mentoring is one of the most effective career development program these days. In India it is gaining popularity even among SMEs (Small medium enterprises). It is in fact one of the better ways to foster relationship within individuals across the organizational hierarchy.
Mentoring is a process of developing formal relationships between junior and senior members of the organisation, in certain cases mentoring also takes place between peers. In other words it is a process of developing relationships between more experienced members of an organisation and the less experienced ones for transfer of knowledge and skills. These associations are developed with the intent of developing career functions. For example, coaching, sponsorship, protection to peer, challenging assignments, introduction to important contacts and resources are certain ways in which mentoring may happen.
Mentoring is also targeted to psychological functions; role modeling, counseling, benchmarking individual practices are various ways in which the latter is achieved. It is no doubt an important tool that apart from employee development also leads to increased job satisfaction, organsational dedication and career achievement.
The process of mentoring works both ways i.e. it benefits both the parties, the mentor and the mentee. It increases the job involvement and satisfaction of the mentor. In case of the one mentored, he feels valuable, the job satisfaction increases and there is essentially a transfer of knowledge and skills.
Lots of organisations are using mentoring programs as means of career development. Federal express, bank of America and Merrill lynch are some organisation that have formal mentoring programs in place. Bank of America for example has developed quad squads which comprises of a mentor and three mentees (also called as protege for ‘males’ and ‘protegee’ for female). Many organisations have also developed like to like mentoring relationships (for example Anglo-Indian mentors with Anglo-Indian mentees).
Mentoring requires an exercise of great wisdom, caution and expertise on the part of the mentor. There are many techniques that are used these days, some of which have been briefly explained below:
For mentoring it is important to understand the learning requirements and the style of the mentee. An inappropriate mentoring methodology can act reverse. As mentioned at the beginning of the write up, you require great deal of expertise for the mentoring process. Handle with care is the mantra!
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