Does mentoring play a significant role in effective risk management?
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. This transfer of corporate memory and experience, promotes better decisioning, 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. Your insights on the cross-cultural differences in risk management, with a special focus on India. Cultural diversity AND its direct and personal experience and UNDERSTANDING are critical to successful risk appetite determination, and mitigation for any entity. This in addition to comprehension and un
