Employees are an organization’s most valuable asset, which is why helping employees acquire necessary knowledge, skills, and expertise is key for organizational growth (1). As baby boomers continue to retire, many organizations are turning to knowledge transfer initiatives like topical mentoring to retain the valuable skillsets and insights of exiting employees. Topical mentoring is an informal learning approach focused on transferring specific business and industry information or skills from one employee to another.
With topical mentoring, you can:
More than 80% of corporate learning occurs through informal approaches.
– Bersin
With each employee having a variety of learning goals, desired skillsets and experience, attempting to suggest appropriate pairs is a challenge. That’s why Chronus developed MatchIQ®, our proprietary algorithm that uses custom filter criteria to suggest the highest compatibility pairing to create the most productive mentoring experiences.
After the match is made, it can be difficult to ensure learning and knowledge transfer is happening within the mentorship. Assure your mentoring program is on track with Chronus’ guided experience, which includes milestones, tasks and surveys to keep participants productive and engaged in the mentorship.
Understanding the learning impact of a knowledge transfer initiative is no easy task. With Chronus, you can quantify knowledge gained with our built in surveys and reporting tools. Export reports to show leadership how the program has expanded skills and knowledge within the organization.
How to Use Mentoring
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Mentoring Program Growing Pains: When’s the Right Time for Software?
Not every mentoring program needs software, but as your program evolves, you’ll likely encounter mentoring program growing pains that software can soothe.
REFERENCES
1 http://www.amanet.org/training/articles/Effective-Knowledge-Transfer-Can-Help-Transform-Your-Bottom-Line.aspx