Mentoring in tough financial times

Abstract

Purpose

This paper aims to discuss the importance of great mentoring to those with financial responsibilities during tough economic times.

Design/methodology/approach

This paper pulls from the field literature two sets of attributes and considerations of skills needed in order to be a great mentor.

Findings

It is important that persons with financial responsibilities are not overlooked in the mentoring process in order to direct their energies into positive actions.

Research limitations/implications

The methods and skills discussed in this paper will need to be customized for individual emotional reactions to changing economic situations.

Practical implications

This paper provides an explanation of the qualities needed by mentors to create a positive result.

Social implications

This paper recognizes the importance of building social skills in order to develop good relationships.

Originality/value

Readers are encouraged to expand on these concepts in order to become better mentors.

Citation

Crumpton, M.A. (2011), "Mentoring in tough financial times", The Bottom Line, Vol. 24 No. 1, pp. 51-54. https://doi.org/10.1108/08880451111142079