“Mentoring – A progressive business solution for organization excellence” Doug Lawrence Talent. C®- People Services Inc.
Agenda What is mentoring? Business Challenges Big Picture – International Challenges Local Perspective – Our company in turmoil Retention, promotion, personal and professional development • Engaged, empowered and accountable • • • Productivity
Agenda • • • Productivity Mentoring Works A true story! Case Study Questions and Answers Contact Information
What is Mentoring? Ø Mentoring is when a person helps guide, support and counsel a person through the world of work with a focus on personal and professional growth Ø A mentor is focused on developing trusted relationships and helping people prepare for current and future challenges
What is Mentoring? • A mentor asks questions and does not give answers – developing critical thinking skills • A mentor is person focused, a coach is job focused and a supervisor is results – productivity focused
Business Challenges Talent shortage peaking in 2015* 15. 3%* Canadian workers are 55 or older 67%* of organizations without succession plans Generation “Y” will change employers 20+ times* Sources available upon request
International Challenges • Mentoring plays a very important role on an international basis • Future world leaders need to be mentored • Critical thinking skills are essential to deal with situations of natural disaster, internal strife and war • In most cases all that a future leader has to rely on is learned behavior
International Challenges • Learned behaviour – what we have done before is all that I have to go on
Local Perspective • Imagine all of us are part of a large corporation • You are part of the executive team • Here are your challenges: – Bottom line is suffering – Delivery of our programs has deteriorated – Productivity has diminished – Negativity – water cooler talk
The Business Solution • What if we were to implement a mentoring program • What if we trained our mentors on how to be truly effective at mentoring others • What if we provided some structure around the program • What if we provided corporate support • 79% of mentoring programs fail today
The Business Solution Ø Retention: Ø 77% of companies report mentoring is effective in increasing retention Ø Turn over reduced by 20% Ø 35% of employees who do not receive mentoring look for another job within 12 months Ø Promotion: Ø 75% of executives point to mentoring as playing a key role in their careers
The Business Solution Ø Personal and Professional Development: Ø More than 60% of university/college graduates listed mentoring as a criterion for selecting an employer after graduation
The Business Solution • • Engaged, empowered and accountable Creation of a mentoring culture Enabled through the “power of mentoring” All of this will result in increased productivity in our organization
The Business Solution Ø Productivity: Ø Managerial productivity increased by 88% when mentoring was involved, versus only 24% with training alone Ø 95% of mentoring participants said the experience motivated them to do their very best
Mentoring Works! Ø Succession Planning – development of successor Ø Leadership Development Ø Recruitment and Retention Ø Developing a mentoring culture Ø Organizational restructuring – Change Mediator
A True Story • • Young Professional Toxic Work Environment Unable to find a new job Resume – negative energy Our Relationship Outcomes The “power of mentoring”
Case Study • Sally works in a small to medium sized organization. The work environment was once a positive place to be but lately it has become very negative – almost to the point of becoming toxic. The work environment has impacted Sally to the point that she now questions her self-esteem and her performance is suffering. The toxicity and esteem issues are slowly working their way through the rest of the work place. Mistrust is beginning to rapidly infect the entire work place. Sally has decided to look for another job.
Poll Question #1 • What challenges that were listed in the Case Study would you deem to be personal growth issues?
Poll Question #2 • What challenges that were listed in the Case Study would you deem to be professional growth issues?
Poll Question #3 • Would you deal with personal or professional growth issues/challenges first?
Poll Question #4 • Which of the following would be your first priority in mentoring Sally?
THANK YOU
Talent. C - People Services Inc. 1222 Baird Street North Regina, Saskatchewan Canada S 4 X 3 B 6 President – Doug Lawrence Email: doug. lawrence@talentc. ca Website: www. talentc. ca Phone: (306)924 -2296 Cellular: (306)537 -6759
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