Yes mentoring program business plan


Yes mentoring program business plan

Mentoring can improve employee satisfaction and retention, enrich new-employee initiation, make your company more appealing to recruits, and train your leaders. Unlike similar learning incentives like training programs or offering to pay for courses, mentoring utilizes the resources that your company already has.

How to Start a Mentoring Program: Creating a Structure Yes mentoring program business plan first step anyone thinking about starting a mentoring program should take is to define what the objective of the program will be. If you are aiming for higher minority retention rates, your program will be structured differently than if you were trying to develop leaders, teach a specific skill, or welcome newcomers to your organization.

Since there were more women who wanted to be mentored than available mentors, the mentees were put into groups with two mentors as facilitators. But when Michelle Ferguson, the senior vice president of international operations of McGraw-Hill Education, developed a program that originally had a similar goal for its mentoring program, she ended up with a completely different format.

The mentors and mentees met individually for between one and three hours every month for a year. Lois Zachary, the president of a leadership development and mentoring consultancy called Leadership Development Services in Phoenix.

If your company is extremely formal, it might be best to have a formal application process, minimum time requirements, and set durations for the mentoring relationship typically mentoring relationships last between six months and two years, depending on the goal of the mentee.

If your company is informal, it might be okay to match people up and then let them figure out the logistics. No matter what degree of formality your program takes on, you need someone to champion the project and check-up on how well its guidelines are being followed. Pairing Some companies, like Morgan Stanley, use group mentoring.

yes mentoring program business plan

Others use peer mentoring, bring in an expert for facilitated mentoring, have lower-level employees teach higher-level employees in reverse mentoring, or even use a speed-dating format for "flash mentoring.

But she says the programs in which the participants have some input are usually the most successful. One way of allowing input might be to have mentors and mentees fill out an information sheet about what they hope to offer or obtain from a mentoring relationship. McGraw-Hill has a system for making mentoring matches that includes a questionnaire, phone interview, and committee recommendation for each mentor and mentee.

Another way may be to offer the mentor or mentee several options for a partner and allow them to choose one. Liz Selzer, a consultant with a California-based consultancy called The Mentoring Group, oversees leadership development for more than 30, leaders in the non-profit sector.

One way to do this might be to set up a "check-up" or evaluation soon after the relationship begins. If there is a serious problem, find the mentee a new mentor.

There are a lot of formats you can use to do this. You can have a classroom-style discussion, you can hire someone like Zachary to host a "mentoring bootcamp," you can speak to mentors and mentees separately and then bring them together to discuss, or you can go to lunch.

But no matter how you do it, here are the points you want to hit during your training time: When Selzer was assigned her first mentor, she thought it would be a waste of time.

Fortunately, she needed to participate in order to obtain her graduate degree, and she soon learned to see the relationship as invaluable. Instead, explain to people why they should choose to participate. Find people in your company who are willing to share the mentoring experiences that have made a positive impact on their careers.

Mentoring pairs might choose to structure their time differently depending on their goals and preferences. Zachary suggests mentoring relationships follow this cycle: In the preparation phase, the mentor and mentee have a conversation about their expectations, confidentiality, and the boundaries of the relationship.

In the establishing agreements phase, the mentor helps the mentee work out a plan, with clear tasks, for achieving his or her goal.

Starting a Business Mentoring Program – Sample Business Plan Template

The enabling phase is when the work happens. The mentor supports the mentee in following his or her plan as well as provides feedback and accountability. Closure is a planned ending to the relationship.A Business Mentoring, Bootcamp and Business Plan Competition Application Deadline: January 8, (limited spots available) All information on this application is confidential and will only be shared with program staff and.

In order to use the Enterprise Toronto Entrepreneur Mentoring Program you need to have completed a business plan. To complete a business plan use one of the following resources: Attend a Business Plan Boot Camp – see the schedule here. Starting a Program Developing a mentoring program is a great way to get involved and make a valuable contribution in your community.

Taking time to plan carefully before the program begins can eliminate a lot of barriers during the implementation process. Our Youth Empowerment and Success (YES) Mentoring program provides mentors for youth in CPS, aged 15 and older, as they’re learning to be autonomous adults.

YESCarolina is dedicated to teaching youth the principles of entrepreneurship and free enterprise. Insurance Policy Writing a Business Plan for your Mentoring Program When starting a mentoring program, one of the first things to do is to get in touch with experts who can help you create a good business plan that will be good for you.
Make a Contribution Today! Local statistics police, medical, fire, school, etc. Data and institutional records from your agency or a partner agency A review of similar programs Exploring Partnerships Exploring Partnerships While assessing the opportunity for youth mentoring in your community, consider how you can build on or expand existing services.
Starting a Mentoring Program – A Complete Guide Or you need a sample mentoring program business plan template? If YES, then i advice you read on.


Your influence and involvement as a mentor can help lead these youth toward becoming productive, financially responsible individuals. The best way to start designing your youth mentoring program is to assemble the people (stakeholders) who want to support its development.

If the answer is yes, customize your programming accordingly. How. Hold a community forum or focus group to learn stakeholders’ perspectives corporate or business partners, in-kind donations, etc.

How to Start a Mentoring Program: Creating a Structure How to Find a Business Mentor. Some specific tasks you can suggest mentoring pairs put in a plan to achieve a goal are journaling.

How to Develop a Mentoring Plan: 7 Steps (with Pictures) - wikiHow