According to research, setting goals can increase productivity and efficiency by 20-25%. This increase in performance is impressive when you consider how minimal the action taken to achieve this is.
Many organisations hold training sessions and seminars to teach skills and deal with issues that will help increase employee satisfaction and productivity. However, a study conducted by Reliable Plant showed that 80% of individuals are working without any clear goals in mind—and only 20% set some form of a goal for themselves.
This guide will discuss why setting goals is essential, how it can benefit both employees and the company, and how incorporating goals into mentorship programs can yield excellent results.
To learn more, continue reading below! 👇
Why do we set mentorship goals?
Mentorship without a goal is equivalent to a train without a destination—you keep travelling without reaching your destination.
Mentorship goals allow the system to understand better what employees want to improve and focus on. Since everyone has different objectives, the goal-setting process should be initiated well before the pairings.
Doing so allows both the mentor and mentee to approach and mould their relationship with a clear path in mind, saving time and increasing the pair’s efficiency. According to research, individuals with concrete goals and a plan to achieve those goals perform and earn ten times more than those who don’t.
What does a good goal look like?
Anyone can achieve anything they set their minds to, but many face a plateau as soon as they start their journey. This is likely due to the inflated perception of achieving something when the motivation is high and doesn’t account for the hurdles that we will naturally face.
To avoid this aspect of overestimation and keep things manageable, a protocol is in place to design reasonable goals called the SMART framework.
SMART framework
SMART stands for Specific, Measurable, Attainable, Relevant, and Time-bound. These components combined make the foundation of a goal that will stand the test of time and hardships.
Specific
Instead of having a vague goal, such as “I want to improve my skills”, have a specific goal defining what skills you want to improve on. This will paint a clear picture for you and help your mentor devise a strategy to achieve that.
Measurable
A measurable goal means that its progress can be tracked towards total completion. This can be done by setting small milestones and working towards them.
For example: if an employee starts a job as a junior software developer, their goal could be to reach the position of a senior software developer in 2 years or learn at least one new programming language in a year after starting their job.
Attainable
Individuals can be constricted due to factors affecting their performance and capabilities, such as finances, health, environment, etc.
So goals should be made while considering these factors—making them realistic and attainable. A little foresight goes a long way, as goals that may seem doable on paper might not translate as well in the real world, and putting in continuous effort without seeing any progress can be devastating for an employee’s morale and have the opposite effect on their performance.
Relevant
You can set any number of goals that can vary from one another, but ensuring that they are relevant to your field and are worthwhile for the other person is just as important.
For example, a mentee can ask for advice and guidance related to their position and what they need to do to climb the ladder, and the mentor, with their years of experience, will be able to help them achieve that because they have the relevant experience.
Depending on the relationship between the mentor and mentee, goals can also be set outside of work, such as maintaining a work-life balance. But asking for guidance on losing weight is something out of the domain of the established mentorship.
Time-bound
A goal can be realistic, concise, relevant, and achievable, but without a time frame, that goal will not have a sense of urgency and pull an individual to move outside their comfort zone.
Setting multiple milestones and assigning deadlines to each will create a sense of urgency that the work needs to be done in an x amount of time. In addition, a time-bound goal stimulates the competitive nature of individuals and urges them to do better and be more efficient.
5 mentorship goal examples for mentees
1. Networking
According to a survey—80% of professionals consider networking vital to career growth and success. Networking skills not only help you inside your workplace but also outside of it as you meet new people from different organisations with different experiences and perspectives.
Mentors have plenty of experience and years of networking, and they can introduce their mentees to it and teach them how to connect and familiarise themselves.
So improving networking skills with the help and guidance of a senior employee can boost your career, and by connecting with different individuals, different opportunities are presented that may not be available in your organisation, or you may not be aware of.
2. Patience and feedback
Patience and openness to feedback are essential to survive in your workplace and everyday life. There are bound to be hurdles and areas where one can improve, and moving past that is how one grows and learns in their career.
A mentorship pairing can teach these skills by imparting the knowledge on how to deal with these issues and maintain composure during tough times. In addition, being open to feedback allows employees to better themselves and learn from their mistakes; to do so, an equal amount of patience is required.
3. Problem-solving
Mentors are there to guide their mentees during difficult times in their careers and provide them with the help and guidance that will enable them to manoeuvre through that. Is there a particular issue with which you’re dealing with? Or maybe you need help picking the best courses to help you progress in your career.
All these are instances where employing the help of your mentor will show different ways to deal with these ordeals and learn how to do the same whenever another problem arises.
4. Work-life balance
The mentor and mentee dynamic doesn’t always have to focus solely on workplace issues. Instead, feel free to discuss problems outside of it, such as maintaining a healthy work-life balance.
Many new hires feel the pressure of a new job and feel like they have to overwork themselves to leave a lasting impression, even at the cost of their personal time.
Discussing this issue with someone who has been in your place can be highly beneficial as they can teach you how to juggle your job responsibilities and give time to your friends and family. It’s essential to have time to yourself and enjoy what you do; otherwise, there is a high likelihood of experiencing burnout.
5. Promotion opportunities
Mentorship can help mentees learn about different opportunities that are present in their workplace that they might not be aware of.
Mentees can set a goal to get promoted quickly at the mentorship’s beginning. This way, the mentor can help them plan a career path that leads to that with minimum hurdles. They can guide them towards different courses or attend seminars inside or outside that organisation that will help increase their chances of securing a higher position.
📖 Learn more about creating an effective career plan here 📖
The verdict
According to a survey —76% of individuals deem mentors necessary; however, only 37% have a mentor. Mentorship has proven beneficial to the employees and the organisation as it increases satisfaction and productivity, eases the onboarding process and allows employees to learn and grow. But mentoring without good mentorship goals can quickly lose momentum. So using these top tips, remember to set good goals from the start!
If you’re looking for help setting up a mentorship program, talk to our expert team!