Can a mentoring program save you money?. Issue 2 (5th August 2014)

• Record Type: Journal Article
• Authors: A. Crumpton, Michael
• Is Part Of: Bottom line. Volume 27:Issue 2(2014)
• Page Start: 60
• Page End: 63
• Publication Date: 2014-08-05
• Subjects: Relationships -- Benefits -- Mentoring -- Investment -- Cost; Library finance -- Periodicals; Libraries -- Economic aspects -- Periodicals; 025.11
• DOI: 10.1108/BL-05-2014-0016
• Languages: English
• ISSNs: 0888-045X

Abstract

Abstract : Purpose: – The purpose of this article is to suggest that a benefit-cost analysis should be performed for mentoring activities so as to justify the effort and expense and as a tool for measuring effectiveness. Design/methodology/approach: – Pulling from field literature, this article provides some examples of mentoring programs and resources as well as an example for conducting an analysis. Findings: – The author feels that applying a cost model to mentoring programs can strengthen their appeal overall. Originality/value: – The article and its conclusions are the product of this author and his experiences with such programs.