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Mentoring 
 Future Leaders

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<strong>Mentoring</strong> <strong>Future</strong> <strong>Leaders</strong><br />

© Learning Link International<strong>
</strong><br />

April 2005<br />

A Business Case for <strong>Mentoring</strong><br />

The business reasons for mentoring are, to:<br />

• Retain key staff*.<br />

• Overcome institutional barriers to progress for disadvantaged groups.<br />

• Build bridges between parts of the organisation.<br />

• Support a culture change, especially after mergers or restructuring.<br />

• Support a competency or skills development programme.<br />

• Optimise the development of talent.<br />

There is a Heightened Need for <strong>Mentoring</strong> …<br />

(Clutterbuck 2001, pp 63)<br />

• During times of rapid change, e.g. in knowledge, skills and thinking,<br />

or moving from a specialist to a management position.<br />

• In times of personal crises such as death, divorce or retrenchment.<br />

• With increased responsibilities, e.g. launching a new product or<br />

starting a new company.<br />

• In the case of health- or stress-related issues.<br />

Discussion:<br />

What are the reasons for your company to get involved in this initiative?<br />

• The cost of staff turnover is estimated at 1.5 to 2.5 times the<br />

incumbent’s annual salary.<br />

Module 1 - Introduction to <strong>Mentoring</strong> Page ! 1

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