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The Herman Trend Alert December 23, 1998 Mentor-Mentee Programs Show Growth Trend We don’t care whether they are called "Mentorship." "Mentor-Mentee," or "Buddy System" Programs, we’re seeing a definite trend out there. Wise employers are looking for ways to capitalize on their human assets by helping to transfer that knowledge from experienced to new or younger employees. From Fleishman-Hilliard, the communications organization in Philadelphia to Justice Technology (America’s fastest-growing, privately held company) in Culver City, California, enlightened employers are recognizing the value of these kinds of programs. Many employers have abandoned failed programs, never to re-examine the possibility of "making them work" in their organizations. They don’t understand why the programs never really worked. Just like the failure of 80% of the quality programs that were tried ten years ago, mentorship will only work when it is appropriately supported by the entire organization. Here are some important keys: the culture must support continuous improvement the mentors AND the mentees must be given training in how to get the most out of the experience. there must be ongoing company support for the relationships through a program coordinator the company must support the relationships with extra time during mealtimes or in-between for meetings between the mentors and mentees both sets of employees should receive meaningfully rewards for their participation The pay-off for the company is more than worth the investment—greater longevity/reduced turnover, employees who feel invested in the success of the company and people who believe in each other. In these challenging low-unemployment times, it makes infinite sense to invest in this kind of program. © Copyright 1998- by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Joyce Gioia, Strategic Business Futurist. 1.336.210.3548 or https://hermangroup.com. To sign up, visit https://HermanTrendAlert.com. The Herman Trend Alert is a trademark of The Herman Group, Inc." HEAR JOYCE SPEAK TOMORROW AT 11:30 AM EDT Tomorrow morning, Joyce will be a Fireside Chat Speakers at the Brightside Business Women Empowerment Virtual Conference where she will talk about how business women can use the insights from her new, groundbreaking book, EXPERIENCE RULES, to be successful. Register for FREE at https://brightsideglobaltrade.org/women. GET COACHING FOR YOUR PEOPLE FOR LESS THAN $1/DAY! Gain access to dozens of coaches for the same low price. Find out more by visiting https://ingomu.com/joyceg JOYCE IS ON THE RADIO EVERYDAY NOW To listen to Joyce's TV shows on the radio, simply visit RadioFutures.com. Joyce's show is streaming every day at 3:00PM Pacific Time. To read this Herman Trend Alert on the web: https://hermangroup.com/alert/archive_3-29-2023.html. Herman Trend Alerts are produced by the Herman Group, strategic business futurists, Certified Management Consultants, authors, and professional speakers. New subscribers are always welcome. There is no charge for this public service. The Herman Trend Alert is read by over 30,000 people in 90 countries, including other websites and printed periodicals. Click here to sign up for the Herman Trend Alert. Do you enjoy receiving this weekly e-mail update? Contact us about our co-branded Herman Trend Alert service. Subscribe or Unsubscribe to weekly Herman Trend Alert View this week's Herman Trend Alert Archived Weekly Herman Trend Alerts

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