Management Tip of the Day: Offer three types of mentoring

Wed Oct 19, 2011 12:01pm EDT
 
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BOSTON (Reuters) - To attract and retain great people, several things need to coalesce, and effective mentoring is a key element, says Harvard Business Review.

The Management Tip of the Day offers quick, practical management tips and ideas from Harvard Business Review and HBR.org (www.hbr.org). Any opinions expressed are not endorsed by Reuters.

"Companies with abundant mentoring opportunities are more likely to retain their people. To achieve this, offer a range of mentors for people at different career stages.

Here are three types of mentoring you should consider:

1. Buddy or peer mentors. In the early stages of a person's career, a "buddy" can help speed up the learning curve. This relationship helps the protégé understand how things work at the organization.

2. Career mentors. After the initial period at a workplace, employees need to have a senior manager serve as a career advisor and advocate.

3. Life mentors. A life mentor serves as a periodic sounding board when one is faced with a career challenge. Organizations can't necessarily offer a life mentor but they can encourage seeing one."

- Today's management tip was adapted from "Keeping Great People with Three Kinds of Mentors," by Anthony Tjan.

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<p>Visually disabled children walk outside the auditorium during a cultural program on World Disabled Day at a school in the northeastern Indian city of Siliguri December 3, 2006. REUTERS/Rupak De Chowdhuri</p>