What is a mentoring company? What do they do?

Question

peter,

is this true when those mentors might not have real industry experience? I am talking about authors who make money by mentoring employees. Best example would be the author of "rich dad and poor dad". He really doesn't have qualification, but I guess having enough money is good enough to mentor, is this right? If I need a mentor, I would actually want to have one that really know the field that I'm in. Or else, it would be just another b.s that the most mentors try to sell. I do understand what IBM is doing and it sounds good and right thing to do. But those mentoring companies that charge money for whatever even though they don't have really industry experience.. hmmm... I don't know about that.

Answer 1

That probably refers to large companies who have an official mentoring program.

IBM does that. I know for sure, I was a mentor numerous times during my career with them.

The way it works is..

Managers and up are required to mentor any junior employee who requests them as a mentor by name.

Mgrs are measured in their annual performance review on their mentoring participation and the success of the employees who have named them as mentors.

This is a hugely successfull program in IBM and the most satisfying experience of my time in the company.

I don't know about other companies. Probably only large corporations have the sophisticated HR processes and desire to do this.

Hope that helps

Answer 2

A mentor is someone who coaches you to achieve knowledge, success, or whatever he/she is engaged to help you with.
someone who gas gained knowledge and/or experience in a certain area and is prepared to pass this experience/knowledge on to you.