Business Psychology, Coaching and Mentoring

question: 3. An overview of the mentoring needs of ‘XYZ Plc’

BUSINESS PYSHCOLOGY,
COACHING AND MENTORING

Table of Content

INTRODUCTION
Business psychology, coaching and mentoring help to increase
productivity, performance and effectiveness of a particular task.
Every business unit required mentoring and coaching in order to
increase employees performance.
The present report is based on XYZ PLC which is a Australian
company.

Summary
Mentors helps to increase capability, talents, knowledge, skills and
ideas.
Mentoring means leading a team by performing all the functions of
the team by motivating them towards their personal and professional
development.
Background and experiences have a major impact on the mentors.
It can provide extra knowledge gained due to the experiences

Efficacy of mentoring programs
Helps in raising the standard of the employees with the help of useful
methods and techniques.
Encourage employees to take part in a decision making process.

Mentoring needs of XYZ Plc
Needs of a employees living standard.
Try to change the psychology of the employees
Tries to improve the mentality of the employees
Try to create a healthy and peaceful environment

Designing of mentoring scheme
Appoint an authorized person for their mentoring.
The person specialized in order to manage, organize, control,
coordinate the selected schemes.
Designing the mentoring schemes is a matching which helps in
selecting the best match people according to the job and positions.

Training of the mentors
Responsibility of the business unit to provide effective training to
its mentor
With the help of acquiring extra knowledge and information from
their seniors and extra talented persons.
It can help to increase knowledge and skills of the staff.

Plan for implementation includes cost and role of SBK
elite
Plan an appropriate programme for the training and mentoring
The main role of SBK elite is to prepare a appropriate plan and
programs.
Schemes of grooming and encouraging the employees.

CONCLUSION
An important element of developing the individuals who can help in
better functioning at each and every level in the organization.
 Coaching helps them to develop a sense of responsibility towards a
way of developing individual and organizational development. XYZ
PLC Ltd.
Coaching helps them to develop a sense of responsibility towards a
way of developing individual and organizational development. XYZ
PLC Ltd.
It can help to increase the profitability of the cited business unit
which is the common goal.

REFERENCES
Passmore, J and Fillery-Travis, A., 2011. A critical review of executive coaching
research: a decade of progress and what's to come. Coaching: An International
Journal of Theory, Research and Practice. 4(2). pp.70-88.
Grant, A.M and et. al., 2010. 4 The State of Play in Coaching Today: A
Comprehensive Review of the Field. International review of industrial and
organizational psychology. 25(1). pp.125-167.
Solansky, S.T., 2010. The evaluation of two key leadership development
program components: Leadership skills assessment and leadership mentoring.
The Leadership Quarterly. 21(4) .pp.675-681.
Gray, D.E., Ekinci, Y and Goregaokar, H., 2011. Coaching SME managers:
business development or personal therapy? A mixed methods study. The
International Journal of Human Resource Management. 22(04). pp.863-882.

Thank You