Welcome to the "Conducting a Formal Mentoring Program" video course, which is designed for human resources and/or mentor program administrators. Mentoring programs are an important tool in the battle to retain valuable skills and experience as your organization grows and changes. Instead of hoping that this transfer of knowledge from experienced employees to newer ones is happening naturally, consider setting up a formal initiative. In this initial video lesson, we will discuss the challenges attendant to employees retiring or changing roles. We will work to understand how mentoring works to help alleviate these issues, and learn other benefits that mentoring has to your employees and organization.