Business Mentoring Insights

How to find a business mentor?
As per the Bureau of Labour Statistics, U.S.A., around 20% of new businesses fail within the first two years of their start, 45% in the first five years, and by the end of 10 years, around 65% of businesses have failed. Only 25% of new businesses can make it for15 years or more. There are multiple reasons behind the failure of a business in its initial stages; a prominent one among them is "not having a business mentor." Read more
Thu, Jan, 06, 2022
Reverse Mentoring: Is It Just Mentoring?
Reverse Mentoring is an interesting take on the traditional mentoring model. With the traditional mentoring, information and learning flows from the top down; from the older, senior-level official to the younger subordinate. In the case of reverse mentoring, the opposite is true. Here, the younger individual will take the role of a mentor, and the flow of information goes from the subordinate to the superior. Through reverse mentoring, not only is the free flow of information taken in its purest form, but it encourages the involvement of lower-level employees and keeps the upper-level ones grounded in current events and techniques. Read more
Fri, Aug, 06, 2021
5 Things You Didn’t Know About Mentoring
Mentoring is an experience of a lifetime. Most people who want to grow in their career feel the need for a mentor in their lives. Even organizations are embracing mentoring as a part of their leadership development, employee satisfaction, and talent retention strategies. With most employers wanting their people to engage in some form of mentoring, it is quite a trending topic now. There are lots of resources available on the internet that talk about what mentoring is, how beneficial it is, and how a mentoring relationship can be successful. But today we’ll discuss five things about mentoring that most people don’t know. Read more
Mon, Jul, 19, 2021
How Important Mentoring Is in the Workplace?
Today, the corporate world is more competitive than ever. To be successful here, companies must develop a workforce that is constantly learning and evolving. That’s why organizations are on the hunt for employees who are committed to growth. Career development is a significant part of today’s work culture; it is the priority for both employers and employees. Organizations worldwide are investing in employee development opportunities like mentorship programs. In fact, 70% of the Fortune 500 companies have a structured workplace mentoring program in place. Mentoring in the workplace is a great way to make your employees ready to face any challenge that comes their way. Most importantly, it sets your organization up for success in this ever-changing business world. Read more
Tue, Jun, 15, 2021
What are the Right Ways to Match Your Mentors and Mentees?
Implementing a mentoring program is not an easy task. It takes substantial planning. From promoting the program to measuring its success, every part of the process needs careful consideration. And the most critical part is the matching process. Read more
Thu, May, 27, 2021
What Skills Do You Need to Be a Mentor?
When starting a career, people have a transition period to learn how to be the best at their jobs. To make that transition easier, many employers take advantage of a workplace mentoring program. In this process, a new hiree (as mentee) is paired with an experienced employee (as a mentor) from within the organization. The mentor guides the mentee through ups and downs and helps them develop in their career. Becoming a mentor is a great opportunity for experienced professionals. Not only would you be able to pass on tips you’ve learned, but also it is a great experience to put on your resume. Read more
Tue, Apr, 27, 2021
Reverse Mentoring - The Complete Guide
Mentorship is a very beneficial relationship when starting a new job or changing career paths. The guidance you receive from a mentor is invaluable. Their ability to help you navigate the unknown path, overcome challenges, and reach your goals is what makes them special. Mentoring relationships range from loosely defined, informal associations (where mentees learn by observation and example) to structured agreements between mentors and mentees (where they formally meet and build relationships over nine to twelve months). Read more
Tue, Apr, 20, 2021
Improve Your Workplace Culture With A Mentoring Program
Today, most organizations understand the incredible benefits of a mentoring program. Allowing employees to grow their knowledge and skills can benefit the company directly. Moreover, it improves the morale of the employees who are looking to advance their careers within the organization. As a result, there is a tremendous rise in the graph of employee engagement, satisfaction, and retention. Besides helping organizations reach their goals smoothly, mentoring is also beneficial in improving workplace culture. But why is workplace culture important? It is one of the deciding factors whether your employees will stick to or leave your organization. Read more
Mon, Feb, 15, 2021
4 Key Benefits of Career Mentoring
Let’s get the fact straight. Days are gone when people used to go to the office so that they can pay their bills. Now people are more focused on job satisfaction and career development than just earning dollars. As a result, the corporate world has become incredibly competitive in the last two decades. Professionals are constantly searching for development opportunities; and when their organizations fail to provide that, they choose to move on. Read more
Mon, Jan, 11, 2021