Tag: mentorship program

mistake

Turning Mistakes into Learning Opportunities

As much as we try to avoid them, mistakes are simply a part of everyday life. Unfortunately for business owners and managers, those mistakes—when made by employees—can have significant consequences.

mentor

Mentorship Programs and Leadership Rehearsals

Many companies use mentorship or “buddy” programs to help with onboarding efforts or as part of the employee development plan for the mentee or the junior person in the mentor/buddy relationship.

Step-by-Step: How to Design an Effective Mentorship Program

Per studies highlighted by Investopedia, 71% of Fortune 500 companies have some type of corporate mentorship program. And 75% of executives from those Fortune 500 companies recognize their mentors with helping them reach their current positions. If you want to design an effective mentorship program, here are seven steps you’ll want to take.