A recession is a difficult period for any business. While it can be both daunting and expensive, mentoring is one of the best strategies for managing a recession. Through mentoring, businesses can mentor staff members and equip them with the skills and knowledge they need to navigate the recession.
We all have someone who has mentored us throughout our lives. Parents, grandparents, teachers, coaches—these are the people who have helped shape us into who we are today.
1. Research performance appraisal methods. Before you can decide on the best performance appraisal method for your company, you need to understand the different options available. Research popular methods, such as forced distribution,