No.10 Downing Street Speech (27.9.18)

Posted September 28, 2018
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Written by Pranav Bhanot

 More UK businesses to implement Mentorship Schemes

 

My speech this evening at No.10 Downing Street:

Spoke of an exciting mentoring project with Param Singh spearheaded by Lord Jitesh Gadhia to resolve “The UK Businesses Mentoring Scheme Challenge” alongside The Prime Minister’s Special Advisor on Social Justice, Young People and Opportunities.

My speech opened with highlighting the challenge. In 2017, there were 5.7 million businesses in the UK. 99% of businesses are small to medium sized businesses employing between 0-249 people. 93% of small to medium sized businesses acknowledge that mentoring can help them succeed. Only 25% of small and medium sized businesses currently make use of business mentors. The problem is whilst organisations agree a mentoring scheme can assist both them and their employees grow, too few organisations are running mentoring schemes. This is possibly due to a lack of resource, time and knowledge on how to run a scheme. Therefore, we believe that in the UK there is a strong business case for better support and guidance in relation to developing mentoring schemes within UK businesses. The speech went onto speak about proposals and a 12 month action plan to help resolve this challenge and increase the number of businesses implementing a mentorship programme with particular focus on enhancing diversity and inclusion.

More details about the project will follow. However, in the meantime, if you are a mentor or mentee and believe you have nuggets of advice on good practice relating to setting up or running a mentoring scheme from within your organisation that could help organisations without a mentorship scheme, we would love to hear from you.

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