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“Mentoring vs. Sponsorship”
CROSS COMPANY MENTORING INITIATIVE Program Introduction Results to Date Corporate Approaches Conclusions “Mentoring vs. Sponsorship” Gloria Lorenzo, Oracle GSW - Athens June 2012
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Cross-Company Mentoring Introduction
Started in Spain in Jan 2010 Sponsored by Diversity and Women Initiatives from the three companies One Year Program: Mentors: Country Executive Committee or direct reports Mentees: High Potential/Top Talent Matching Process: Conducted by HR departments Mentoring Guidelines: Combining best practices from each company Legal Confidentiality Agreement
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Results to Date Details Mentees per company Men included VIP Program
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Results to Date Promotion and Progressions
Great results up to date – 75% promotions in first year, reached 10% after 1.5 years. From Mentoring to Career Sponsorship
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Corporate Approaches American Express
Local Program with international participants Expanded to join-venture companies Oracle Expansion in EMEA - Aligned to support goals of Oracle Women’s Leadership Program UK Program – 2 Editions: Creation of a Women Network for cross-company initiatives Objectives: Mentoring & Networking 7 Oracle customers, 2-4 participants per company: AXA, BBC, Channel 4, Diageo, Time Warner, Vodafone Women Mentors & Mentees mainly 6 months program
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Can it be scaled up? Can it be scaled up? Massification might not work
Limited resources in subsidiaries Heavy involvement from HR Matching Process & Tools External vendors
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Can it be replicated? Is replicable to other companies?
Different markets Employee Focus Culture Frame under D&I or Leadership
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Working Today to secure Tomorrow
We are very happy to the work and results today, as we were able to define a program for the present that is securing the future for women leaders.
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