OK, so by now you know that only 14% of your employees are engaged at work, 44% of millennials have their foot out the door, and 21% of departing employees leave simply because they “want a change.”
With stats like that, it’s no surprise HR professionals are more stressed than ever.
And with so much employee movement this year, we know that a mentoring program could be the solution to all your problems. In fact, it’s easier than you might think to get up a great mentoring program for your people.
Here’s a cheat sheet:
Define the “why” of your program
Perhaps you want to facilitate learning and development or create leadership opportunities for those who would normally miss out. You’ll also need to work out who will participate, will it be a select group or could you open it up to the entire organisation? If you’re having trouble articulating your why – we can help.
Decide how you will measure success
Next, we’ll need to decide how to measure success, both at an individual and at a program level. Do we need to take any current measurements to use as a program benchmark? Having a clearly defined “why” will also guide what success metrics you need to be tracking.
Engage your stakeholders
All organisations are different, but for some, you’ll need to engage your IT and procurement teams to help with planning for implementation. Ideally, you would also get the buy-in of senior management, this can be crucial to demonstrate top-down commitment to mentoring across the organisation.
Create your matching criteria
Referring back to the “Why” of your program and the metrics we’ve put in place to measure success, it’s important we give consideration to the matching criteria. What information do we need to achieve our desired outcomes, and create the optimum participant experience? We have a library of questions and answers proven to improve the quality of matching we are happy to share if you don’t know where to start.
Consider how you will match
Do you want to retain control of the matching, or empower your team to self-select their own mentor? Or do you want to do a little bit of both? The quality of the match is what inevitably drives quality of outcomes so thinking about the best matching methodology based on your program objectives is important. Alternatively, leave it to the experts (tooting our own horn here) to match your participants with our matching algorithm based on input from over 30,000 life-changing connections.
Market your program
It’s time to get your marketing hat on. Starting with what’s in it for the participants, we’ll need to create a strategy to ensure everyone understands why they should want to be involved, and how to sign up. This is the fun part.
Launch!
OK, this is actually the fun part. It’s time to implement your hard work, and create great mentoring relationships!
Of course, we’re here to help! Request a demo of the Mentorloop platform and we can help you get started.
Start building your program, right now
