While majority of global organizations have management training sessions, few have official Mentor Programmes. The latter provide some unique benefits to any organization applied on. As per a study conducted by the American Society for Training and Development, it was found out that three-fourths of those surveyed acknowledged the role their mentors played in their growth. Even the likes of Oprah Winfrey, Warren Buffet and Colin Powell credit their mentors for contributions to where they have reached. Another survey done by Deloitte confirms that talent recruitment and further retention is highly benefited by such sessions. In particular, it is millennials who most get attracted to such schemes. The recruitment of millennials also benefits older employees as they get training on aspects alien to them. Overall the benefits accruing are holistic. Even at the very top, official mentorship programmes will have massive benefits. In CEOs’ leadership development, such sessions must be integrated to increase the longevity in their roles.

Source:https://www.entrepreneur.com/article/283228?utm_source=GoogleNewsstand&utm_medium=related&utm_campaign=syndication