Archive for February, 2013

Successful Mentoring: Enterprise Holdings

Posted on: February 27th, 2013 by Management Mentors presented by How To Mentor Toolkit No Comments

Do you ever wonder about how successful a mentoring program would be at your place of business? Are you interested in hearing about other companies who have successful mentoring programs?

successful mentoring programsEnterprise Holdings, the parent company of the well-known Enterprise Rent-A-Car, Alamo Rent A Car, and National Car Rental brands, owns and operates the largest fleet of passenger vehicles in the world today – more than 1 million cars and trucks. It employs 68,000 people, and Forbes ranks it #21 in the Top 500 Private Companies in America. 

Enterprise prides itself on promoting from within, so it's no surprise that the company embraced corporate mentoring early on since studies show corporate mentoring helps attract, develop, and retain top talent. But in 2002, the corporation faced a crossroads in regards to its mentoring program.

Enterprises's Challenge?

Improving the program quality and increasing employee satisfaction.

The Solution?

Hire Management Mentors to design a goal-oriented program while getting the most out of technology and foster "true" mentoring at Enterprise.

The Differences Between Mentoring and Coaching

Posted on: February 12th, 2013 by Management Mentors presented by How To Mentor Toolkit No Comments

Companies seem to be turning to coaching and mentoring for slightly different strategic reasons. Most coaching is designed for a senior-level audience with a single objective in mind. For example, according to a 2008 HDA Associates study, 55% of respondents indicated coaching occurred in their organization on a reactive basis to address critical skill gaps among their leaders.

Mentoring programs, on the other hand, are used to achieve several different objectives. A recent mentoring survey conducted by Insala found the top three priorities of respondents for implementing mentoring programs are: development of high potentials, building a succession pipeline, and leadership development. However, mentoring is also implemented for recruiting, onboarding, knowledge sharing, employee retention, productivity, skill development, diversity enhancement and employer branding.