Mentoring is a concept that has been defined in many ways, including a one-to-one interaction or counseling, as well as group interaction or counseling. While there is no generally agreed upon definition of what business mentoring entails or what form it takes, it is clear that there is a growing interest in mentoring for and by business owners, and an increasing number of such programs. Business mentoring occurs throughout today's business environment, both formally and informally, and across sectors.
A good mentoring relationship allows both mentor and mentee to develop new talents and build self-awareness. In business settings, the mentee can become more in-tune with a corporate culture, and the mentor can hone leadership skills.