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The differences between coaching and mentoring include:
Coaching
Focuses on both individual and organizational goals
Shorter terms
Can be between same level employees or even a junior level can coach a senior
The coach gets all the objectives and plan of action from the coachee
Mentoring
Focuses more on individual goals
Longer term (could be a lifetime)
Relationship between a senior employee with a junior employee
The mentor can advise the mentee on a better approach