2/7/08

Role of mentoring in effective risk management

Professor Patrick O. Connelly of the University of South Florida in an interview to THE HINDU says that, “Mentoring is critical to the future and development of any resource. It is important that associates receive the best possible foundation in preparation for their chosen life direction. However, there is no substitute for the value of an experienced resource to guide the person inside the company, industry, market etc in which they are operating.

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This transfer of corporate memory and experience promotes better decision, reduction of risk, stimulation of contribution and creation and execution of earlier value for both the environment promoted by the mentor, and the associate being mentored. This applies at every possible level of human interaction, without exception, in my experience. “