Guider Help LVMH Reach 50/50 Gender Balance Goals With Mentoring

1 minutes

There is still a long way to go for gender parity in organisations, particularly across senior leadership roles. Diversity and Inclusion teams are naturally always looking for ways to reduce this disparity, and many have found an effective solution in mentoring.

Mentoring programmes catered specifically for women in leadership have been proven to increase gender diversity in organisations and support more women into senior managerial roles.

LMVH Tackling Gender Inequality With Mentoring

LVMH is an organisation doing just that, with mentoring being one of the ways they’re hoping to reach 50/50 gender balance in key group positions in 2020. This is an incredible goal set by the EllesVMH initiative, and it’s not far from being achieved.

Guider are delighted to be working with EllesVMH on this ambition, creating an impactful mentoring programme with AI-driven matches to empower women across the organisation through our mentoring software.

On Wednesday 13th November, 74 talents from across 16 Maisons of LVMH gathered at The AllBright Mayfair for the launch of the programme.

We heard from Allbright Co-Founder Anna Jones about the origins of the women’s only members club and the work they’re doing to support women in their professional development.

A panel of industry experts then shared their insight around the power of mentoring, networking, and the ongoing fight for increased gender diversity in the workplace.

The Panel:

Nick Ross – CEO and Co-Founder, Guider

Robert Davies – Head of Network Change, Marks and Spencer

Marie-Clare Fenech – Founder, Unicornz

Ana Loback – MD & Partner, Turningpoint Leadership UK

Nora Lee Notzon – CEO, Ellebiz

Chaired by Janine Leccia

An image of a screen with the LVMH, Allbright, AWERO and Guider logos on it from the event.

Ana Loback, with her expertise in psychology, discussed the neurological benefits of mentoring and how it can positively affect our wellbeing. She explained that “when you experience a positive human connection, you physically feel better, and that can affect both your mental health and even your immune system”.

Putting the emphasis on the importance of human connection, Ana went on to discuss how we should seek out these mentoring and networking opportunities as much as possible. “When you hear people say you need to stand out from the crowd, I think it’s more about connecting with the crowd”.

On the topic of confidence, particularly for women in a professional context, Nora advised:

“You’d rather be a fool for 5 minutes than a fool forever – always ask the stupid question and put yourself out there”.

Much like becoming an expert in anything, personal development takes work, and it’s something we need to take responsibility for. “The fun thing about life is that we’re all constantly learning” Nora commented, “but you must take responsibility for your own learning and development, because a mentor isn’t going to do it for you, you need to own it”.

CEO and Co-Founder of Guider Nick Ross also discussed the importance of mentoring from a  business point of view, in terms of the challenge of retaining talented young people. Informing the room that “43% of millennials leave their jobs within the first 2 years”, he stressed the need for organisations to take professional development of their employees far more seriously. “Millennials want mentoring, and companies need to give provide it or they’ll leave”.

Robert Davies, with his 25 years of experience within Marks and Spencers, a traditional and corporate organisation, shared some very interesting insight: “Big organisations have to encourage their people to be braver, otherwise it runs the risk of suppressing them”. Inviting the room to think: “What would you do if you were brave?”

The entire discussion was both insightful and inspiring, and we heard some positive testimonials from both mentors and mentees to close.

Top Takeaways: Mentoring at LVMH

During the reception in the Allbright’s dining and co-working space, the feedback and noticeable excitement from LVMH employees was overwhelmingly positive.

Here are some of our top takeaways from the brilliant women and men at LVMH:

⭐️ “It was great to hear Rob’s comment about bravery, I think so often fear is something that really holds you back and it affects women more than men.”

⭐️ “I’ve only ever done informal mentoring, completely dependent on people in HR deciding who gets to be mentored by who. I’m so excited about this programme being done by technology, with it being smarter I hope it’ll allow more people to be mentored by others who are totally different to them and who they might not meet in their normal career”.

⭐️ “I love the idea of mentoring crossing so many different industries and businesses. As such a large group with different brands there’s so much to learn – it will set us free”

⭐️ “I’m really interested by the idea of reverse mentoring that was discussed on the panel, and think it’s important to think of mentoring as a partnership and be open to learn from each other in the unconventional way, particularly with tech skills”.

Thanks once again to EllesVMH and the Allbright – and we wish everyone at LVMH the best with their new mentoring relationships!

The Guider team: 4 people stand in a row smiling and holding champagne
The Guider team at the LVMH Mentoring launch

The ROI of Mentoring

The ROI of Mentoring

How to measure and prove the impact of mentoring

What's next?

Whenever you’re ready… here are 3 ways Guider can help you supercharge your L&D with mentoring:

See how much mentoring can save your business with our ROI calculator

We've crunched the numbers from all of our customers to work out the financial value of mentorship to businesses. It might be just what you need to get executive buy-in... Click here to calculate.

Build your own mentoring programme

If you're looking to build and launch a mentoring programme in your organisation, then our guide is the best place to start. Read now.

Get a no-obligation quote for Guider's mentoring software

We get it, you want to know the price. Book a 20-minute call with our team and get a custom pricing proposal for your organisation. If it doesn't work for you, there's zero obligation to buy. Book now.

You might enjoy…

What is Peer Learning? Definition, Purpose and Benefits

More and more organisations are turning to peer learning over traditional learning and development. It offers a cost-effective solution for continuous, collaborative learning that gets results. Best of all, your people may already be doing it.

The Hot Topic: AI at Learning Technologies 2024

Your Step-by-Step Guide for Learning Technologies 2024

Coaching vs Mentoring: What’s the Difference?

Understand the unique contributions of coaching and mentoring to employee development. Read our blog on the Guider AI website here.

What is a mentor?

What is a Mentor? Definition, Purpose & More

What is a mentor? People often talk about the importance of mentoring in personal development and career contexts. In the search to find a mentor, you may find yourself looking for the definition, the purpose and discover even more.

10 Benefits of Being a Mentor: Understanding Your Role and Its Importance

Guider AI