How to Build Leadership Development Programs
Development programs help emerging leaders find a sense of purpose and foster a positive culture
Offering formal mentoring in the workplace is a tangible way to show employees investment in their careers. The collaborative nature of mentoring can develop employees and support interpersonal links.
As a major strategy in the ongoing talent war, mentoring in the workplace provides the development and support employees crave while fostering engagement and combating attrition. Investing time in developing a well-organized mentoring program does not only support incoming employees but also strengthen the skills and leadership of the tenured talent pipeline.
71%
Fortune 500 companies
use formal mentoring
56%
New hires
deem mentoring vital
24%
Increase in retention rates
for diverse employees
A mentoring program in the workplace benefits the mentee and mentor relationship and helps the organization by building an inclusive mentoring culture centered on learning, sharing new ideas, and creating a shared vision.
Development programs help emerging leaders find a sense of purpose and foster a positive culture
Learn how different types of mentoring programs in the workplace benefit your employees
ERGs provide valuable resources for employees, but they offer clear advantages for employers as well.