Presentation 1 launch day 2011 mentor intro - steve martin - wbs format

Warwick Business School

Steve Martin


Welcome and

Thank You


Background

Pilot scheme originated as part of WBS-EN and WBS Mentoring strategy

Developed with LCCI CET with Peter Summerfield, myself and WBS over 8 months

Implementation, development and run by steering group, last 3 months: Rebecca Smart, Rob England, Steve MartinWBS Alumni team, Alison Bond, Tracy Lynch and recently

Renate Mason


The Idea Brief rationale

Start ups notorious for high risk of failure○ Aim to reduce risk by independent mentoring

Younger the start up the higher the risk○ Use experienced start up mentors

Aim Mentor / guide start ups through difficult early stage, help

avoid pitfalls and problem areas Provide signposts and training / workshops Support mechanism – is this right for you?

Timing 12 month programme ideally 6 / 6 before / after launch


Our Sponsors CET London Chamber of Commerce and Industry Commercial

Education Trust Funding for:

Pilot scheme in UK WBS Graduates Mentoring (Expenses) Training Seminars / workshops Toolkit Process mapping Running the programme / admin

Open and transferable knowledge and capability


Rollout / Timing Plan

Activities Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12

1. Advertise, evaulate and select appropriate Mentees and Mentors

2. Complete Mentee/Mentor induction programme (rolling?)

3. Commence monthly businessreviews

4. Mentee group training

5. Mentor training (may be rolling)

6. Commence discussions with TiE

7. Process mapping

8. Tool Kit development

9. Mentee Satisfaction Survey

10. Submission to LCCI (CET) Phase 2


Next Year - Vision

Learn from Pilot Launch full scheme

Increase number of mentors / menteesStart overseas mentoring, India / ChinaDevelop Seminars / WorkshopsSpecialist focus?Develop on-line support

Develop research programme Increase level of funding Meeting with CET directors 15th July


“Expenses” / Payments for Mentors

Intention is it should be simple easy and clear! Fixed payment of £100 per month No additional claims / payments unless agreed by

Steve Martin or Alison Bond Invoices once a quarter for the previous quarter only,

WBS to advise timings Maximum claim per quarter £300 No checks, proof of mentoring/ costs incurred Expectation you will have undertaken your

‘obligations’


Mentoring It’s a Pilot scheme – we need your help to develop

the programme Very experienced mentoring team - Peter

Summerfield's offer individual half day ‘training’ Ideas and items for the toolkit Feedback on the processes for the process roadmap Ideas for the programme – this year and next Attendance at workshops Research diaries Monthly report


Mentoring Approach - Discussion It’s a challenging approach, expecting the mentees to find

their own answers but offering support when it is needed How much do we guide and signpost rather than question? What happens if you feel exposed or outside of your comfort

zone? Support network for the mentors? How can we ensure the mentees get all the support and

challenge they need? Communications between: WBS, steering group, mentors,

mentees? What happens in the event of a problem in the mentoring

relationship?

Presentation 1 launch day 2011 mentor intro - steve martin - wbs format

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Transcript of Presentation 1 launch day 2011 mentor intro - steve martin - wbs format