Describe strategies that companies can employ to help ensure the effectiveness of formal mentoring programs.
What will be an ideal response?
To enhance formal mentoring programs, companies should:
• Make participation voluntary for mentors and protégés.
• Ensure the matching process does not hinder the formation of informal relationships.
• Choose mentors who have a good record developing employees and have the willingness to serve.
• Match based on how the mentor's skills can help meet the protégé's needs.
• Clarify roles and expectations for both mentors and protégés.
• Specify a minimum amount of contact time between mentors and protégés.
• Provide a formal time period for the program, but encourage continued relationships.
• Evaluate the program.
• Reward employee development.
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Anar congratulated her staff when the team received an industry award for their project, and also sent a companywide e-mail announcing it. Here, Anar is using her ______ power.
A. personalized B. reward C. coercive D. expert E. referent
All of the following statements are true except:
a. IFRS requires that estimates of residual value and the life of the asset be reviewed at least annually and revised if necessary. b. The FASB standards do not have a specific rule that requires residual value and asset life to be reviewed annually. c. IFRS does not have a specific rule that requires residual value and asset life to be reviewed annually. d. The FASB generally requires operating assets to be recorded at acquisition cost, less depreciation, and the assets' values are not changed to reflect their fair market values or selling prices.
What specific quality does the management-by-objectives goal-setting process offer that simply trying to develop a SMART goal lacks?
a. The resulting goals are measurable. b. Subordinates help determine the goals. c. Group objectives, not individual objectives, are set. d. The goals are highly specific.
A major advantage of a flat organization is _____
a. good communication among levels of supervision b. a long channel of communication c. the existence of several levels of supervision d. fewer employees reporting to each manager