Role of Mentoring in Developing Employees' Talent and Skills
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AI Summary
The report highlights the importance of mentoring and coaching programs for employee development and organizational growth. SBK elite plays a dominant role in preparing plans and programs to groom employees, adopting various techniques and methods to improve their skills and talents. Effective planning requires sufficient capital, time, and skilled personnel to avoid errors and mistakes. The report concludes that mentoring is essential for developing individuals who can contribute to better functioning at all levels of the organization.
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BUSINESS PYSHCOLOGY,
COACHING AND
MENTORING
COACHING AND
MENTORING
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Table of Contents
INTRODUCTION...........................................................................................................................3
1.Summary ......................................................................................................................................3
2.Efficacy of mentoring programs...................................................................................................3
3.Mentoring needs of XYZ Plc........................................................................................................4
4.Designing of mentoring scheme...................................................................................................5
5.Training of the mentors.................................................................................................................6
6.Plan for implementation includes cost and role of SBK elite ......................................................6
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................8
INTRODUCTION...........................................................................................................................3
1.Summary ......................................................................................................................................3
2.Efficacy of mentoring programs...................................................................................................3
3.Mentoring needs of XYZ Plc........................................................................................................4
4.Designing of mentoring scheme...................................................................................................5
5.Training of the mentors.................................................................................................................6
6.Plan for implementation includes cost and role of SBK elite ......................................................6
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................8
INTRODUCTION
Business psychology, coaching and mentoring are three different terms which describe
the quality of the particular person or business to perform their particular task and activity in a
effective manner. Basically every organization either small or large requires a mentor and coach
to enhance their employees capability so that they can attain their personal and professional
objectives(Peltier, 2011). Apart from this, this report is all about XYZ plc which was listed in
the Australian stock exchange with the motive of maximizing their profit in coming year. In fact
a cited company operates in a media industry and emerges as largest television company by
understanding their business psychology by grooming their employees with the help of various
effective techniques.
1.Summary
Mentors are available at every venue but they all different from each other due to their
capability, talents, knowledge, skills and ideas which means all the mentors have their own
personality. In fact background of a mentor dictates their characteristics and overall personality
of performing their roles as a team leaders by maintaining their positive relationship with their
men- tees. Basically mentoring is the term which means leading a team by performing all the
functions of the team by motivating them towards their personal and professional goals with the
help of effective techniques(Law, 2013). A cited company wants to appoint a specialised or
skilled mentors to groom their employees by encouraging them to learn more and more things so
that they can manage their work independently. Apart from this experiences of a mentors plays a
very eminent role in executing all the programmes of providing coaching to their employees
because of their extra knowledge gained due to the experiences.
Mainly background and experiences have a major impact on the mentors because most of
the roles and personality of the mentors are changes due to their ancestor habit and some of the
Business psychology, coaching and mentoring are three different terms which describe
the quality of the particular person or business to perform their particular task and activity in a
effective manner. Basically every organization either small or large requires a mentor and coach
to enhance their employees capability so that they can attain their personal and professional
objectives(Peltier, 2011). Apart from this, this report is all about XYZ plc which was listed in
the Australian stock exchange with the motive of maximizing their profit in coming year. In fact
a cited company operates in a media industry and emerges as largest television company by
understanding their business psychology by grooming their employees with the help of various
effective techniques.
1.Summary
Mentors are available at every venue but they all different from each other due to their
capability, talents, knowledge, skills and ideas which means all the mentors have their own
personality. In fact background of a mentor dictates their characteristics and overall personality
of performing their roles as a team leaders by maintaining their positive relationship with their
men- tees. Basically mentoring is the term which means leading a team by performing all the
functions of the team by motivating them towards their personal and professional goals with the
help of effective techniques(Law, 2013). A cited company wants to appoint a specialised or
skilled mentors to groom their employees by encouraging them to learn more and more things so
that they can manage their work independently. Apart from this experiences of a mentors plays a
very eminent role in executing all the programmes of providing coaching to their employees
because of their extra knowledge gained due to the experiences.
Mainly background and experiences have a major impact on the mentors because most of
the roles and personality of the mentors are changes due to their ancestor habit and some of the
activities are due to their past experiences gained by them. Last but not the least background and
experiences of all the mentors influences their way of working and performing all the
activities(Joo, 2012).
2.Efficacy of mentoring programs.
Current academic research is conducted by the CEO of cited company to get aware about
the capacity and work performance of their employees working in their company. With the help
of this academic research she has come to know about the need of mentoring or coaching to
groom their employees or to enhance their knowledge and skills. In fact due to the academic
research CEO of the cited company wants to uplift their employees with the help of various
growing techniques and methods(Sushko, 2012). Some of the useful grooming methods are
mentoring programs and coaching which plays a very effective role in the growth of the
employees.
Mentoring programmes plays a very vital role due to their broad concept and effective
nature whose main motive is to enhance the knowledge of their candidates with the help of
useful programs(McLean, 2012). Apart from this mentoring programs are very much effective
and useful due to their positive result and it helps in motivating the employees towards their
objectives. In other words mentoring programs consider as effective due to many more reasons
for example-
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.
3.Mentoring needs of XYZ Plc
After research process a cited organization understand the need of mentoring and get
aware about their employees weakness so to overcome their weakness they need to implement
various types of coaching programmes. A cited organization is going to improve their employees
existing working condition and try to enhance their knowledge and talent. Basically mentoring
needs occurs due to the ineffective working of the employees and unskilled labours. In fact
mentoring programmes a very much helpful in improving the present scenario of the
organization by grooming their labours. According to Passmore and Fillery-Travis, (2011)
coaching is necessary as it helps the employees to get an proper idea and knowledge of the
experiences of all the mentors influences their way of working and performing all the
activities(Joo, 2012).
2.Efficacy of mentoring programs.
Current academic research is conducted by the CEO of cited company to get aware about
the capacity and work performance of their employees working in their company. With the help
of this academic research she has come to know about the need of mentoring or coaching to
groom their employees or to enhance their knowledge and skills. In fact due to the academic
research CEO of the cited company wants to uplift their employees with the help of various
growing techniques and methods(Sushko, 2012). Some of the useful grooming methods are
mentoring programs and coaching which plays a very effective role in the growth of the
employees.
Mentoring programmes plays a very vital role due to their broad concept and effective
nature whose main motive is to enhance the knowledge of their candidates with the help of
useful programs(McLean, 2012). Apart from this mentoring programs are very much effective
and useful due to their positive result and it helps in motivating the employees towards their
objectives. In other words mentoring programs consider as effective due to many more reasons
for example-
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.
3.Mentoring needs of XYZ Plc
After research process a cited organization understand the need of mentoring and get
aware about their employees weakness so to overcome their weakness they need to implement
various types of coaching programmes. A cited organization is going to improve their employees
existing working condition and try to enhance their knowledge and talent. Basically mentoring
needs occurs due to the ineffective working of the employees and unskilled labours. In fact
mentoring programmes a very much helpful in improving the present scenario of the
organization by grooming their labours. According to Passmore and Fillery-Travis, (2011)
coaching is necessary as it helps the employees to get an proper idea and knowledge of the
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operations which they have to perform in organization. Coaching which will be provided to the
people should be in good manner and very clear as that should be understood by all the
employees properly without any of the confusion. After knowing the requirement of mentoring
programs CEO of the cited company is going to appoint many more mentors to provide accurate
information and data with the help of various methods and tools.
The main reason behind mentoring are-
Upliftment of a employees living standard.
Try to change the psychology of the employees towards organization by improving their
mentality.
Tries to improve the mentality of the employees from narrow minded to broad minded
so that they can perform their work more effectively.
Try to create a healthy and peaceful environment by building cooperation between all
the employees.
Apart from this mentoring needs occurs due to the emergence of many more advanced
technologies and creative things so that every employees can learn how to deal with new and
unique equipments.
4.Designing of mentoring scheme
CEO of the cited organization is going to appointed many more mentors and business
psychologist to conduct a mentoring scheme for example matching and selection of skilled and
unskilled employees. Basically to design a appropriate mentoring scheme an organization must
appoint a specialised and knowledgable persons to organize, control, coordinate, cooperate and
staffing of all the activities of a particular programs. Basically mentoring scheme requires a
accurate information and data to conduct a useful and result oriented programmes whose main
motive is to select the best alternatives to groom their employees(Grant, and et. al., 2010).
Apart from this selection is a method or technique of choosing best and deserving
candidates from various employees. In fact it also consider as a useful method of
analysing the overall talent and skills of the employees and helpful in providing training
according to the requirement.
The other method of designing the mentoring schemes is a matching which helps in
selecting the best match people according to the job and positions so that they can
perform their work according to their talents and skills.
people should be in good manner and very clear as that should be understood by all the
employees properly without any of the confusion. After knowing the requirement of mentoring
programs CEO of the cited company is going to appoint many more mentors to provide accurate
information and data with the help of various methods and tools.
The main reason behind mentoring are-
Upliftment of a employees living standard.
Try to change the psychology of the employees towards organization by improving their
mentality.
Tries to improve the mentality of the employees from narrow minded to broad minded
so that they can perform their work more effectively.
Try to create a healthy and peaceful environment by building cooperation between all
the employees.
Apart from this mentoring needs occurs due to the emergence of many more advanced
technologies and creative things so that every employees can learn how to deal with new and
unique equipments.
4.Designing of mentoring scheme
CEO of the cited organization is going to appointed many more mentors and business
psychologist to conduct a mentoring scheme for example matching and selection of skilled and
unskilled employees. Basically to design a appropriate mentoring scheme an organization must
appoint a specialised and knowledgable persons to organize, control, coordinate, cooperate and
staffing of all the activities of a particular programs. Basically mentoring scheme requires a
accurate information and data to conduct a useful and result oriented programmes whose main
motive is to select the best alternatives to groom their employees(Grant, and et. al., 2010).
Apart from this selection is a method or technique of choosing best and deserving
candidates from various employees. In fact it also consider as a useful method of
analysing the overall talent and skills of the employees and helpful in providing training
according to the requirement.
The other method of designing the mentoring schemes is a matching which helps in
selecting the best match people according to the job and positions so that they can
perform their work according to their talents and skills.
In other words a cited organization need to design their mentoring schemes by
considering all the internal and external factors for effective working of their programmes by
achieving their objectives. Last but not least appropriate designing of a mentoring schemes act as
very useful tool(Solansky, 2010).
5.Training of the mentors
Mentors are the team leader of the organization so it is very indispensable to train them
appropriately so that they can guide their men- tees in a proper manner. In fact mentors plays a
very eminent role in the organization because they are liable for performance of their employees
and teammates. A cited organization need to conduct a training period for their employees to
enhance their knowledge more and more so that they can increase their capability of teaching
their employees. Mainly mentors need to learn more and more things by acquiring extra
knowledge and information from their seniors and extra talented persons. The main reason
behind training for mentors to enhance their learning quality and knowledge so that they can
train their subordinates and employees in a best manner(Gray, 2011). Apart from this it is very
indispensable for cited organization to achieve their targets and objectives as soon as possible to
maximize their profit so that they can build their goodwill in the market.
6.Plan for implementation includes cost and role of SBK elite
It is not easy to implement a appropriate plan for the training and mentoring programmes
for the organization which includes cost and time frames to achieve their goals and objectives by
fulfilling the demand of their employees. The main role of SBK elite is to prepare a appropriate
plan and programs for all the above schemes of grooming and encouraging the employees of a
cited organization. In fact SBK elite plays a very dominant role in the motivational programs for
the employees by adopting various other techniques and methods to improve their employees
talent and skills(Ekinci, 2012).
Apart from this effective plan requires sufficient capital and time for proper
implementation of the plan to avoid any future errors and mistakes which may arise in the
organization while preparing plans for above programmes(Goregaokar, 2011). In fact it requires
a specialised and skilled person who has the ability to execute all the activities and task without
any fear and mistakes. Last but not the least they must ready to face to all the upcoming
considering all the internal and external factors for effective working of their programmes by
achieving their objectives. Last but not least appropriate designing of a mentoring schemes act as
very useful tool(Solansky, 2010).
5.Training of the mentors
Mentors are the team leader of the organization so it is very indispensable to train them
appropriately so that they can guide their men- tees in a proper manner. In fact mentors plays a
very eminent role in the organization because they are liable for performance of their employees
and teammates. A cited organization need to conduct a training period for their employees to
enhance their knowledge more and more so that they can increase their capability of teaching
their employees. Mainly mentors need to learn more and more things by acquiring extra
knowledge and information from their seniors and extra talented persons. The main reason
behind training for mentors to enhance their learning quality and knowledge so that they can
train their subordinates and employees in a best manner(Gray, 2011). Apart from this it is very
indispensable for cited organization to achieve their targets and objectives as soon as possible to
maximize their profit so that they can build their goodwill in the market.
6.Plan for implementation includes cost and role of SBK elite
It is not easy to implement a appropriate plan for the training and mentoring programmes
for the organization which includes cost and time frames to achieve their goals and objectives by
fulfilling the demand of their employees. The main role of SBK elite is to prepare a appropriate
plan and programs for all the above schemes of grooming and encouraging the employees of a
cited organization. In fact SBK elite plays a very dominant role in the motivational programs for
the employees by adopting various other techniques and methods to improve their employees
talent and skills(Ekinci, 2012).
Apart from this effective plan requires sufficient capital and time for proper
implementation of the plan to avoid any future errors and mistakes which may arise in the
organization while preparing plans for above programmes(Goregaokar, 2011). In fact it requires
a specialised and skilled person who has the ability to execute all the activities and task without
any fear and mistakes. Last but not the least they must ready to face to all the upcoming
challenges and risk with their effective decision making process by implementing advanced
technology.
CONCLUSION
Through this report we can analyse that mentoring is 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. Being the Australian stock exchange company
helps the individuals the platform to grow and develop on the grounds of providing mentorship
and coaching to the employees of the organization. The need of mentoring is to get the
employees to work foster and develop a sense of responsibility towards the organization and for
this every organization should research on the problems which are being generated in the
company and the alternative solutions that can be generated through mentoring and coaching
programs that are evaluated and implemented at all levels.
technology.
CONCLUSION
Through this report we can analyse that mentoring is 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. Being the Australian stock exchange company
helps the individuals the platform to grow and develop on the grounds of providing mentorship
and coaching to the employees of the organization. The need of mentoring is to get the
employees to work foster and develop a sense of responsibility towards the organization and for
this every organization should research on the problems which are being generated in the
company and the alternative solutions that can be generated through mentoring and coaching
programs that are evaluated and implemented at all levels.
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REFERENCES
Books and Journals
Peltier, B., 2011. The psychology of executive coaching: Theory and application. Taylor &
Francis.
Law, H., 2013. The psychology of coaching, mentoring and learning. John Wiley & Sons.
Joo, B.K.B., Sushko, J.S and McLean, G.N., 2012. Multiple faces of coaching: Manager-as-
coach, executive coaching, and formal mentoring. Organization Development Journal.
30(1). p.19.
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.
Books and Journals
Peltier, B., 2011. The psychology of executive coaching: Theory and application. Taylor &
Francis.
Law, H., 2013. The psychology of coaching, mentoring and learning. John Wiley & Sons.
Joo, B.K.B., Sushko, J.S and McLean, G.N., 2012. Multiple faces of coaching: Manager-as-
coach, executive coaching, and formal mentoring. Organization Development Journal.
30(1). p.19.
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.
St-Jean, E. and Audet, J., 2012. The role of mentoring in the learning development of the novice
entrepreneur. International Entrepreneurship and Management Journal. 8(1). pp.119-
140.
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.
St-Jean, E. and Audet, J., 2012. The role of mentoring in the learning development of the novice
entrepreneur. International Entrepreneurship and Management Journal. 8(1). pp.119-
140.
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