What is a BCORP? For those who are not familiar with BCORPS, they are defined as “business that balances purpose and profit. They are legally required to consider the impact of their decisions on their workers, customers, suppliers, community, and the environment. I have designed formal and informal mentor programs for some of my BCORP clients.
Read MoreWhat is a BCORP? For those who are not familiar with BCORPS, they are defined as “business that balances purpose and profit. They are legally required to consider the impact of their decisions on their workers, customers, suppliers, community, and the environment. I have designed formal and informal mentor programs for some of my BCORP clients.
Read MoreMentor Programs with some formality can provide great benefits to ESOP organization and its people. Employee Stock Ownership Plan companies give employees ownership interest in the organization. I have designed mentor programs to reduce turnover, strengthen cultural immersion for new hires, develop high potential leaders and talent, as well as a development tool in succession planning.
Read MoreFor those who are not familiar with ESOPS, Employee Stock Ownership Plan companies give employees ownership interest in the organization. Some ESOPS are 100% employee owned, while others have a portion of the company owned by the employees. ESOPS provide tax benefits and profit sharing opportunities for both the organization and employees. Learn more about Informal mentor programs for ESOPS in this article.
Read MoreI recently had the honor of being a guest speaker at the New England Human Resource Association (NEHRA) Learning and Development event where I virtual workshop Positive ROI: Effective Mentor Program Design for Workforce Development for a great audience on HR leaders! Here are a few of the questions that the audience had on designing a mentor program that works:
Read MoreCan you give me some tips on starting a small business? I am asked this question weekly from people who are curious about entrepreneurship. Some have a defined business strategy, and are simply looking for tips.
Read MoreMentor Programs with some formality can provide great benefits to the organization and its people. I have designed mentor programs to reduce turnover, strengthen cultural immersion for new hires, develop high potential leaders and talent, as well as a development tool in succession planning.
Read MoreMentor programs are typically designed through formal or informal means. Informal mentoring can happen throughout various levels within an organization. The benefits of a less formal program are that they are often organic and happen throughout the organization without needed staff resources. They are flexible and can be started or ended easily. If the mentor and mentee are not the right fit, it is simple to stop the guidance. These programs are very simple, and add huge value to the business!
Read MoreMentoring is defined as a strategic approach to developing a person by partnering them with a more experienced person to teach, coach, council, sponsor, and encourage. Peer mentor programs are unique in that they often lack structure, defined length, or formal training. I currently have four peer mentors that I rely on to give me feedback and to help me move through challenges, learn, and grow.
Read MoreLast week I led a keynote workshop Mentoring: Informal Formal, and Impactful at the Maine HR Convention. Over a hundred participants attended this workshop. Participation was strong and lots of HR leaders had questions about how to effectively design in Mentor program for their organizations to have a positive impact and a strong return on investment.
Read MoreWho needs a mentor? It is my opinion that everyone would benefit from having a mentor. Personally, I have 3 business mentors and 4 peer mentors. As an entrepreneur, these mentors serve as my “pseudo board of directors”, providing feedback on growth and marketing for my business. I have designed successful mentor and apprenticeship programs for companies in industries including financial services, consulting, consumer package goods, and manufacturing, that have resulted in a strong Return on the Investment.
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