Prior research and practice largely endorse the power of mentoring to transform an organization. There is little discrimination, however, on whether all mentoring activities are of equal value and whether they apply across all settings. Accordingly, we develop a contingency perspective of mentoring that illustrates the importance of aligning mentoring processes and job requirements. To illustrate our point, we apply this model of mentoring-job fit (MJF) to professionals involved with quality and process improvement. We conclude by examining how two organizations differently fuse mentoring and human resource practices to enhance quality initiatives within their organizations.
The message was simple and direct: Plan now to act later. For about 150 business professionals at the second annual Emergency Preparedness and Incident Conference, the program couldn't have been more timely.
... a summary of the major theoretical approaches. Table 1. Leadership Perspectives. Historical Lea...Contingency Theories 1960s and 1970s Factors unique to each si...
A contingency fee auction for criminal legal representation of indigent defendants on appeal would allocate scarce legal services more efficiently than the blanket right of appeal under Douglas v. California and Anders v. California does. Providing representation to all criminal defendants on appeal results in scarce resources being allocated to both meritorious and frivolous actions. A contingency fee auction would ensure that wrongfully convicted defendants would receive proper representation. This approach would require reversing contingency fee prohibitions in criminal cases.
This article will discuss the benefit of buying debt versus working debt which someone else owns (contingency). The jarring reality of today is that owning bad debt is like getting a 75% contingency fee and owning the debt for life which is a far cry from the "work it quick, work it hard and work the right accounts" approach necessitated by the contingency model. Contingency by its nature demands a sprinters mentality in order to maximize returns of the current pool of accounts, but the value in many of the accounts is unlocked later in the accounts life just as a marathoners pace, focus and stamina keep producing results miles after the sprinter's race is over. Debt buying gives a measure of comfort and insurance for those who augment their contingency business with a healthy dose of p...
The main purpose of this study is to examine the relationships among organizational risk, variation in capital investments, and firm performance. The authors applied panel data analysis techniques on pooled cross-sectional, time-series data from Standard and Poor's COMPUSTAT annual database for the period 1985-2002. Results show that high organizational risk firms with higher variation in capital investments outperform low-risk firms with high variation in capital investments, and that low-risk firms with lower variation in capital investments outperform high-risk firms with lower variation in capital investments. The authors' findings lend more credence to the contingency fit approach in strategic management -- the high risk -- high variation in capital investments and low risk -- low ...
Back in the day, the down payment required to buy a first home was about 50%. In addition, banks would assess other variables, such as income and existing credit, rigorously before granting the loan for an individual to buy a home. Down payment requirements shrunk to a more reasonable 10% to 20% decades ago, but more recently the idea of a down payment at all has become somewhat quaint. In the short run, the case for a recovery is negative. Accumulated debt will take its toll on an illiquid scenario, obliterating the prospect of an eventual pick up in aggregated demand. The current crisis has triggered mergers among institutions that capitalize on synergies that the current contingency offers. Exchange Trade Funds (ETFs) are excellent vehicles for such a long-term, against-the-majority ...
...An investing approach, provided account liquidity management and wise le...
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