Rapid growth and constant flux are the norm in life science companies, and organizational growth, development, and knowledge-building can easily suffer in companies at all development stages. Establishing an internal mentoring program is a relatively inexpensive and effective way of managing change and growth.
Intel, known for innovative excellence, has used its mentoring program beyond traditional goals of career advancement to enable management development and knowledge transfer, problem-solving, and training new recruits. Often intermingled with coaching, mentoring's emphasis is on social and holistic personal development of an individual, whereas coaching emphasizes transfer of particular skills or knowledge. Mentors open doors, provide sponsorship, validation, and affirmation, and become energized with new ways to employ skills and knowledge. Whether they are young employees or new hires, protégés develop a beneficial network, focus on career development, and integrate into corporate culture more quickly in a mentored environment. A mentoring program aims to help ...
