luding the organisations, the mentored individual and the mentor. Mentored individuals report having more career mobility and opportunities as a result of mentoring relationship. They receive more recognition, promotion, positive reinforcement and greater visibility by top management, than non-mentored individuals. Mentored individuals also get access to mentors network and opportunity to acquire new skills and knowledge. Mentored individual also experience faster career growth.How does Mentoring help in Developing Competencies? Mentoring process will be helpful in developing all the six types of competences. Meta-competences are generic competence, which includes interpersonal and conceptual skills. The mentor can serve role model and mentored individual can learn vicariously from mentors. Mentors also provide opportunity to metored individuals to use newly learned behaviour.Mentoring will also positively influence industry knowledge as the mentor can transfer industry competences quite fast, for which non-mentored employees may take very long time. Supportive climate provided by the mentor while mentee is in familiarisation phase enhances the pace of learning. Mentoring will positively impact intra-organisational competencies. Since intra-organisational competences are linked with organisational culture of firm, this competence is acquired through observation of day-to-day behaviour of colleague and through interaction with people working within organizations. Mentors serve very powerful source in socializing the mentees, hence, transferring the intra-organisational competencies. Similarly technical trade, standard technical competence and unique competencies can be developed through mentoring process where mentors demonstrate skillful performance and then ask mentees to perform using newly acquired competence. Mentors provide feedback and support on performance, thus these competencies are developed through iterative proc...