When it comes to choosing an approach to mentoring, you might need to decide between formal vs. informal mentoring. But what is the difference between the two?
The phrase, “No man is an island,” is one of the most quoted phrases by the English poet, John Donne in 1624. It continues to be relevant today as it proves that humans have a natural need to be part of a community to thrive. In a professional setting, humans naturally have someone they look up to. These individuals motivate them to be better at their work or in their personal lives.
This phrase is evident in the case of mentoring, whether formal or informal. But what is the difference between these two types of mentoring relationships? Why don’t informal mentoring programs work and produce the best results? Let’s talk about this in the article below.
We’ve repeatedly talked about the benefits of mentoring in previous articles. But when it comes to establishing a mentoring program in the workplace, program administrators have to choose between a formal and informal structure.
In a nutshell, an informal mentoring relationship can happen organically between individuals without even realising they are in one. These relationships often develop unintentionally from workplace activities. They tend to be more spontaneous and driven by the relationship of the two participants.
Meanwhile, a formal mentoring program is well-organised and initiated by the organisation. They are intentionally formed by a program administrator using a clear mentoring strategy. Both can be beneficial. However, informal mentoring is not always the right fit for organisations. Here’s why.
While informal mentoring is beneficial for individuals, the results are mixed and unclear for the organisation. The results of a mentoring program are much stronger when more people participate and the executives support it as part of the organisation’s strategy. An organisation can best achieve the benefits of mentorship through formal mentoring.
Here are some reasons why formal mentoring is the best option in the workplace:
The mentoring program will no longer be limited to extroverted individuals and those with more connections in the workplace. It is also not limited to employees who are in the workplace since remote employees can take part in it too.
The program administrator acts as the recruiter for the role of the mentor and mentee. They will look for the right candidates who are determined to fill each role. The program also allows employees to network with other employees whom they have never been introduced to.
Since there is an administrator, the mentors and mentees can get the support they need from the program. The mentee’s goals are not the only thing that drives the relationship but the business’ objectives too. A more structured framework is available to the participants as they go through the program.
With the administrator’s help, the participants can establish a Mentoring Agreement that guides them throughout the mentoring journey. They can focus more on the mentorship and have a set timeline to abide by.
Administrators can keep track of the effectiveness of each paired participant. They can conduct health checks throughout the program to gauge how well and how often the pair is meeting. It also gives them a chance to evaluate each pair and how they relate to each other.
These metrics allow the administrator to see mentoring’s real impact on employee advancement, satisfaction, and retention. They can further use the data to improve the program for future participants.
Our mentoring software comes with the right tools you need for a formal mentoring program. We provide our matching tool to help eradicate unconscious bias in pairing mentors and mentees to lessen the risk of errors.
Another tool that comes in handy is our Comprehensive Reporting dashboard where you can keep track of each paired participant’s meeting frequency, satisfaction rates, pair activity, and many more. Give us a call today to see our mentoring platform in action.
Sources:
1. Seffusatti, Nina. (May 20). Guide Collective. “No Man is an Island”: The Power of Community. https://www.guide-collective.com/gc-magazine/no-man-is-an-island-the-power-of-community
2. Comaford, Christine. (2019, July 5). Forbes. 76% Of People Think Mentors Are Important, But Only 37% Have One. https://www.forbes.com/sites/christinecomaford/2019/07/03/new-study-76-of-people-think-mentors-are-important-but-only-37-have-one/?sh=274f9f014329