Solves many contemporary work force issues:
- Helps businesses retain the best employees.
- Eases communication breakdowns due to mergers and acquisitions.
- Develops leaders who can deal effectively with the information age.
- Recent hirees can develop profiles of success by learning from others with more experience and knowledge.
- Provides a method to coach executives.
- Give participants (protegees or mentees) knowledge, skills and insight offered by someone with greater experience.
- Introduce career-related-activities to enhance skills.
- Relate personal experiences that teach a lesson.
- Give access to other leaders in the field.
- Share knowledge of emerging trends.
- Introduce new behaviors that relate to specific needs within the organization.
- 97% of corporations use coaching and mentoring, at least informally.
- 66% have formal executive mentoring programs.
- 38% have formal executive coaching programs.
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