The study found that founders who received mentoring from top performing entrepreneurs were three times as likely to become top performers themselves compared with peers. To learn more about what the new year will bring, I reached out to Phil George and Andy George, Founders of MentorcliQ, to find out their take on the best mentoring trends of 2019. “We’re witnessing the distinct evolution of mentoring as a business tool. It has evolved from its organic roots where employees naturally built networks and developed interpersonal professional relationships, to more formally-structured mentoring programs,” the Georges explain. As CEO, Phil’s job is to help companies develop and complete talent strategies including employee development programs driven by mentoring. “We’ve seen a 200%-300% increase in programs initiated by employers with under 5,000 employees. Now, even program with fewer than 1,000 employees are investing in mentoring programs. Organized, results-measuring programs, which require corporate funding, are getting the green light because they are seen as smart investments. These programs offer with positive returns to both the business and the employees.” He adds that almost all Fortune 500 companies have active mentoring programs – a focus that will grow this year among smaller companies as well. “Watch for an evolution in 2019 and beyond of an informal mentoring culture, where people move within and between explicit mentoring programs. The relationships are supported by technology and management but are more self-directed. Informal mentoring programs are spawning organic, self-supporting, user-based networks whose influence reaches well beyond the workplace, and into the wider community,” concludes Phil. For business looking to stay ahead of the trends, it is clear that fostering strong mentoring programs of all kinds is the way to go in 2019 and beyond.
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