A formal mentoring program can be a powerful strategy to engage and develop employees within an organization. A study by the Corporate Leadership Council found employees who are most engaged at work perform 20% better and are 87% less likely to leave the organization. However, without properly matching mentors and mentees, a mentoring program may never reach this kind of impact.
So how can you unlock the full potential of mentoring?
In order to create a program that satisfies the needs of the mentors and mentees, an organization must match the right participants together. No one wants to see mentees drop out, or mentoring relationships fizzle before they’ve even begun to engage in any real development. To provide your participants and the organization the best chance at success, follow these four vital steps to effective matching.
1. Identify the Purpose of the Program
There must be clearly defined objectives for the mentoring program. For example, this could be an increase in employee retention, an increase in employee satisfaction, or an increase in promotion rates for participants compared to non-participants. Without clear purpose, organizations often make large assumptions in the matching process, guessing what criteria makes sense to match on, as opposed to mapping it to the organizational goals for the program. This can lead to poor matches, dissatisfied participants, low engagement, and ultimately, a waste of time for the everyone involved.
Understanding the purpose of the program will help you establish criteria and determine the type of matching you’ll want to use. It will also help formulate the key metrics you’ll collect in order to know if the program is successful. Identifying the goal of the program will be your guide post throughout the rest of the matching process.
2. Determine the Type of Matching
With the program’s overall purpose in mind, it’s time to choose what type of matching you’ll implement in the program. Today, there are four popular types of matching to consider:
Self Matching enables mentees to find their own mentors. This type of matching gives mentees a say in the process, allowing them to select a particular mentor or submit their top choices. This type of matching is useful for more generalized mentoring, can lead to better satisfaction of participants since they have more of a say in who they get matched with, and reduces overall admin burden.
Admin Matching empowers program owners to create matches on behalf of the participants and is common among leadership and high potential program formats, where the organization has identified the specific participants and matches it wants in the program.
Bulk Matching permits program owners to match a large pool of program participants at the same time. It is a great time saver when the participant pool becomes larger than 200+, making it difficult for spreadsheets and personnel to manage. This reduces admin burden and time commitment. It is often used for a large career mentoring program.
Hybrid Matching is a combination of the previously mentioned matching types when one type alone is not diverse enough to fit the needs of a program.
When matching 20 mentees with 20 mentors, finding the best match might be fairly straight forward. But what happens when that number doubles, or triples? At a certain point, usually around 50+, matching manually can become unmanageable or burdensome.
Software helps mentoring programs streamline this process in a couple of ways. Most software solutions will use an algorithm that automatically suggests the best match by analyzing the data in each participant’s profile. The right solution will enable you to match participants based on the factors your organization feels are most important to your program, such as location, department, seniority, etc.
3. Create Profiles and Criteria
Mentoring participants will bring different competencies, tenure, and organizational knowledge to the program. You’ll want to make sure you’re matching them on the right skill traits. To do this, mentors and mentees fill out rich profiles. Based on the objectives of the program, these profiles will contain elements to help create rich matches, such as mentee developmental goals, mentor competencies, function, job experience, topical interests, and educational background.
You’ll also want the participants, especially mentees, to establish what preferences are important to them in a match. It might be tenure, or skillsets. Robust profiles need to encompass a good range of information in order to make more informed matches. But keep in mind the profile shouldn’t be too overwhelming for the participant. Limiting questions to less than 20 is always a good tip to remember.
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4. Provide Instructions for Mentors and Mentees
Left to themselves, many mentorships will take off and thrive. But some may not. Why? Because typically, mentoring is not an inherent skill or part of one’s daily routine. To ensure mentor and mentee progression throughout the relationship, you’ll want to provide guidance.
Providing guidance and structure for participants is often overlooked. As The Atlantic explains, “…much of the problem with corporate mentorship programs is that they miss an opportunity to create a formal, structured path for mentors and mentees.”
Educating them on how to best conduct meetings, provide constructive feedback, and stay on track with individual goals will provide guidelines for the pairs to follow as the mentorship grows. Offering training and resources to help your participants initiate and facilitate their mentorships will make for more impactful relationships long term.
The power of mentoring within an organization can increase retention, enable development, and build a stronger leadership bench, but not if you get off to a rocky start from the beginning.
Don’t overlook the importance of a good match. Increase your chances of success by taking a structured, proactive approach now, so you can see positive impact in the future.
If you don’t have the resources to effectively match mentors and mentees, learn how Chronus can help.