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Mentoring Plan
MENTORING PLAN
Developing a mentoring plan specific for our start-up Social Sync, should include defining the roles of the staff that is essential to build the company. The acquiring of staff to fill certain positions must include a component that determines a willingness in these roles to serve as mentors to potential mentees. Mentors not only serve as training guides to help staff better learn processes, but also to help the staff navigate professional pitfalls that may or may not be directly related to the business directly.
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Development of a mentoring plan may begin as follows:
• Selecting the management team • Establish the policies and procedures • Implement ongoing staff training and professional development • Develop a financial plan • Implement the program
Once the program has been implemented, it is important to monitor the results and evaluate the program. Measuring the impact the program has on the company can help justify its creation and provide a value to future investors.
Branding
The mentoring plan will be a key component to the investor projections in the business plan. While not included directly in the financial plan, the mentoring plan will outline the company’s intent on growing the business and retaining key staff and team members. This will demonstrate to investors a plan to ensure positive results and returns on investment. The mentoring program will be branded specifically to investors as a component for quality assurance and promotion of ethical practice in the company. The program will be named, SociableSync which alludes to the personal nature of the mentor-mentee relationship and will be an inhouse department managed jointly by the HR, training, and IT divisions.