Mastercard, Schneider Electric, and Novartis Show How Mentorship Programs Drive Employee Growth
The article from Nicole Schreiber-Shearer discusses how well-designed mentorship programs can provide many benefits for companies, including improved employee retention, strengthened company culture, promoted diversity and inclusion, and broken down silos. It highlights successful mentorship initiatives at three major companies – Mastercard, Schneider Electric, and Novartis.
Mastercard leveraged its talent marketplace to create mentor matches based on interests rather than just seniority. This helped connect employees across the business. Schneider Electric also used a talent marketplace for mentoring, which has allowed over 7,500 employees to find mentors globally. Novartis focused on cross-functional and cross-country mentor pairings to break down silos. Over 460 employees have been matched through their program.
The article suggests that following the lead of these three companies, strikeout by revamping mentorship programs can help drive employee growth and engagement.