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Step-by-Step: How to Design an Effective Mentorship Program

Per studies highlighted by Investopedia, 71% of Fortune 500 companies have some type of corporate mentorship program. And 75% of executives from those Fortune 500 companies recognize their mentors with helping them reach their current positions.

If you want to design an effective mentorship program, here are seven steps you’ll want to take.

Follow the 7 steps carefully, because, if a mentorship program is not designed properly, it can actually end up having adverse effects on its participants and lead to a lot of wasted company time and money.

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