Can talent development through mentoring really help ALL your employees reach their full potential Why is mentoring a critical factor to get women, Blacks, Latinos, Asians, American Indians, LGBT people and people with disabilities in the executive ranks
Fair360, formerly DiversityInc Top 50 data shows that formalized, cross-cultural programs lead to a rise in promotions from these underrepresented groups. Some companies have documented results in improved retention, engagement and productivity, as well as increased cultural awareness among white male managers.
A prime example of the benefits of mentoring and talent development isSodexo(No. 2 in the 2012Fair360, formerly DiversityInc Top 50). This company was able to quantify that its mentoring program delivers a $6 return for every dollar invested.