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Women’s Mentoring And Networks. Professor, Dr. Corinne B. Young The University of Tampa Wirtschaftsuniversit ät Wien May 15, 2002. What Is Mentoring?. From the Greek word meaning “enduring”
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Women’s Mentoring And Networks Professor, Dr. Corinne B. Young The University of Tampa Wirtschaftsuniversität Wien May 15, 2002
What Is Mentoring? • From the Greek word meaning “enduring” • Is a cooperative and nurturing relationship between a more experienced business person and a less experienced person who wants to learn about particular business • One of crucial and important factors in business success
Mentoring in Women’s Business • Mentor- women business owners willing to give back to their communities by assisting other women ready to grow their businesses • Protégée- new business owners, eager to learn from entrepreneurs with more experience and expertise
Benefits of Mentoring to Person • Enhance and expand career skills • Advancement in career • Higher salary • More enjoyment from work • Increases self-satisfaction • Benefits social life
Benefits of Mentoring to Business • Facilitates growth • Boosts consistency and excellence • Increase in staff motivation and performance • Reduced turnover • Greater employee loyalty • Promotes sharing of information • Improved productivity
Good Advice We needed mentors to get where we are. When we are ready, we can become mentors. Regardless old how old we are or how inexperienced we see ourselves, there are always others who are just taking their first steps on a path we have trod. We may have something to offer them.
Types of Mentoring • Formal mentoring- regularly scheduled meetings focused on education and guidance about obtaining new work skills • Informal mentoring- encouraging phone calls, regular lunches or modeling an admired mentor’s approach to work
Virtual Mentoring • More common in the era of e-mail and videoconferencing • Distance is not as an obstacle to mentoring • Especially helpful for global companies
What Is Networking? • Sharing of information, ideas, resources and opportunities • Powerful way to meet people and get things done
Networking in Women’s Business • Vehicles for positive press • Provides prestige and clout • To meet the challenges of the workplace, women tend to engage in networking • A way to find mentors • Women expend effort in building and maintaining their networks
Functions of Networks • Improves job performance • Provides feasibility • Enhances reputations • Provides information • Provides advice and support • Aids career advancement
Networking Organizations • Feminist Internet Gateway /Professional Women's Organizations http://www.feminist.org/gateway • Women’s Business Center http://www.onlinewbc.gov/ • ÖSTERREICHISCHES FRAUENNETZWERK http://www.telecom.at/womennet-frauen/ • International Alliance for Women (TIAW) http://www.t-i-a.com/ • Women's Studies Euro Map http://women-www.uia.ac.be/women/
Conclusion “Learn from the mistakes of others. You can’t live long enough to make them all yourself.” Anonymous