Mentor Fortunes

What is Mentoring?
There are few experiences more rewarding than teaching what you know to someone
else. The mentor-protégé relationship is perhaps the ultimate teaching experience: a
one-on-one transfer of accumulated knowledge and wisdom designed to benefit both
parties involved.
Protégés are a common occurrence in the business world today. Experienced people in
every industry often decide to “adopt” a protégé—whether the arrangement is through a
formal mentoring program, or an informal mutual decision to take a new employee
“under your wing” and show him the ropes. The reasons to enter a mentor-protégé
relationship are many, but the most common is when the protégé candidate shows
promise from the start.
Mentor-protégé relationships can be either formal or informal. Informal mentoring
relationships often develop on their own, with the more experienced person offering
advice and assistance and the newcomer taking that advice to heart. Many
organizations have formal mentoring programs, which can be either within the company
or within the industry. For example, the Small Business Administration runs a mentoring
program where retired business executives dedicate their time to developing protégés.
College interns also figure into the equation. Though protégés are not always interns,
the relationships are virtually the same, while the reasoning may be different. But
whether you work with a protégé or a college intern, becoming a mentor can be one of
the most rewarding experiences of your professional life.

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