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Selecting a Mentoring Software: Critical Success Factors you must consider

Mentoring Software for Corporate Mentoring Program
Selecting A Mentoring Software for Corporate Mentoring Program

The fact that you are here means that you are already an avowed advocate of the power of Mentoring in the workplace. And now you are looking at enabling your Mentoring Program with technology for ease and effectiveness.

Here is a quick blueprint on some of the critical success factors you must consider before zeroing in on the right software for your internal Mentoring Program:

The Right Mentee-Mentor Matching

The key to success of a corporate Mentoring Program is right Mentee-Mentor matching. The software should have a facility for matching based on skills, interests and strengths. This allows for a comprehensive matching leading to great outcomes of your Mentoring Program.

Does it have the necessary features in line with the current Mentoring practices and Technology trends?

Often Mentoring programs fall through the cracks because Mentors and Mentees are not able to find time to meet or talk in the midst of their work. A software that allows them to schedule sessions, pushes reminder notifications and even have quick chats through a messenger can be a great way to keep the Mentoring Program on-course.

It should also allow users (read Mentees and Mentors) to share feedback about the program through quick Pulse Surveys. Pulse surveys allow you to capture the feedback of the employee based on instantaneous  experiences.

Also, the Mentoring Program co-ordinator should be able to track the program health across geographies, departments in the Mentoring cohort to ensure the objectives are met and take necessary course correction. Further, the Mentoring software should allow you to measure the ROI of your Mentoring program. A visual data analytics dashboard in the software is a surefire way to do all of that.

Is it Customizable to your needs?

The software platform should be customizable to meet your specific mentoring objectives. Whatever be your objective  for running a Mentoring Program – whether you are running it for leadership development, succession planning, diversity & inclusion, knowledge transfer the  software should be agile and robust to support all your needs.

Is it Scalable for the size of the Mentoring cohort?

You could be initiating a Mentoring Program for a small cohort in a department or a large cohort across business units, the software should be scalable to support any number of users in your organization. It should allow flexibility to accommodate more users as the program gains traction inside your organization.

Is it backed by Research and Expertise?

While internal Mentoring Programs have been around for a few decades now, current mentoring practices are in line with the changing workforce demographics and realities of businesses facing competitive pressures. The software shouldn’t just be a technology tool and should be backed by a deep understanding of what kind of mentoring is aligned with the changing organizational landscape. It should also have a Customer Success Process to ensure that you are able to accomplish your objectives of the Mentoring Program.

Does the price justify your investment?

Last but not the least, the price of the software should be worth your investment. It’s also important to ensure that the pricing is simple and transparent.

Make yourself aware right at the beginning of your purchase process that it doesn’t have any exorbitant fees over and above what you pay per user. It’s advisable to schedule a demo with the software provider to understand the software platform well enough and make yourself aware of the price you are going to pay.

How to Start A Mentoring Program Successfully and Sustain It

A Mentoring Program is a proven method for employee development and retention, succession planning, knowledge transfer and promoting diversity & inclusion in the organization.

While the benefits of Mentoring are innumerable but how to go about creating a successful Mentoring Program in the workplace?

Through deep research backed by experts, NxtSpark has designed the DELTA Process for not only starting but creating a sustainable Mentoring Program. DELTA stands for Define, Evangelize, Launch, Track and Analyze is based on deep insights into the science of mentoring in organizations.

How to Start A Mentoring Program

Define: Define the objectives and the success factors of the Mentoring Program that you are rolling out in your organization. This is very crucial for tracking of outcomes against the initially laid-down objectives. These objectives may become the super-ordinate goals /overarching criteria for the employees getting mentored. They may use these to decide on their own professional goals.

Evangelize: A Mentoring Program’s success is directly dependent on the participation from Mentees and Mentors. It then becomes very important for it to be marketed well inside the organization in terms of its benefits. Program co-ordinators understand this very well and the right evangelism of the program can make the right noise at all levels of the organization.

Launch:  At the inception of the program, user profiles of those Mentees and Mentors who have shown interest in the program need to made available from the HRIS records. NxtSpark’s unique strengths based / skills based Matching Algorithm matches the mentee with the right mentor to ensure with the necessary flexibility for the mentees to select the right mentor basis comfort and availability.

Track:  Interim tracking of the program is crucial for ensuring successful outcomes.  The Program Co-ordinating team can put in checkpoints for measuring progress and make helpful resources like videos, articles, etc. available to Mentees and Mentors to support the Mentoring Program.

Assess: Using NxtSpark’s superior visual data analytics, you can measure the health of the program, do necessary course correction and calculate the ROI. This data-rich dashboard enables the business leaders and HR Managers to take necessary decisions for gaining maximum mileage out of the program investment in terms of time, effort and dollars spent.

Organizations following this process have reported higher success rates in the achievement of their internal Mentoring programs.