Is Corporate Mentoring Nice to Have or Have to Have?

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In this weeks’ NYTimes, there was a great article “Executive Mentors Wanted: Only Millennials Need Apply,” by Kevin Roose. The topic is seasoned leaders getting mentored by our younger workforce (reverse mentoring). Jack Welch coined the phrase and we are fans of it. We actually highlighted two months ago an interview on a great initiative at Pershing (BNY Mellon Co.) where 96% of Millennial mentors stayed at their jobs four years out. It’s empowering for all parties as we grow and strengthen ties in our multi-generational workforce.

What troubles us is each day we speak to companies who are shying away from mentoring their new hires and building sponsorship initiatives to elevate women and high potential diverse employees. Companies hope mentoring is happening informally, have trouble selling it up, but each time we survey large rooms of executives and grad students, less than 40% report they have a professional mentor. Roose’s article articulated the issue and the need well, that we can no longer shirk our responsibility (and as we like to say in training, the building of our Living Legacies):

“As reverse mentoring programs grow in popularity, some young workers still lack the traditional, top-down mentorship meant to help them rise in their careers. According to a 2016 report by Deloitte, the consulting firm, more than half of young workers said their leadership skills were not being fully developed in the workplace.”… “It really is the opposite of the mentorship offer that firms have historically made to young people,” Mr. Harris said [Malcolm Harris, the author of new book “Kids These Days”]. “Now it’s just, ‘We want you to come work for us, and teach us how to do our jobs.’ ”

I guess the point is reverse mentoring, diverse mentoring, peer mentoring, traditional mentoring… we need to be much more deliberate in engineering the opportunities to drive employee engagement and retention. We’ve decided to extend our 2018 offer to help you get started. We want to see your multi-generational workforce thrive in 2018! We can help you think this through. Let’s talk!

Julie

julie@twomentor.com

You can learn more about Twomentor with our latest Overview Prezi herehttps://prezi.com/p/mtpvhyrq5_op/

Learn more about the issues: Video on Elevating Women and Millennials in the Workforce http://bit.ly/1SZ8wrq

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