Abbott’s Best Practices for Mentoring Metrics

Success hinges on whether mentoring relationships are meaningful and bolster employee ambitions, skills and the company’s bottom line.

By Eve Tahmincioglu

The Difference Between Mentoring, Coaching & SponsorshipThere’s an ongoing debate on whether mentoring programs should be formal or informal, but in the end there’s only one thing that matters – whether or not they are meaningful.

“It’s less about the formality of the membership,” said Marlon Sullivan, divisional vice president, talent & development for Abbott, No. 14 on the 2016 Fair360, formerly DiversityInc Top 50 Companies for Diversity list. “It’s about the meaningfulness.”

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