“…Benefits for the firm include improved succession planning and management development; faster induction of new employees; improved communications; reduced training costs; reduced labour costs; increased productivity (Carter 1994); socialisation into the firm (Clawson, 1980); reduced turnover among valued young professionals (Dalton, Thompson & Price, 1977;Laband & Lentz, 1995); the transfer of knowledge and value that supports an organisation's mission (Peters & Waterman, 1982). Benefits for the protégé include facilitation of personal development, advancement in the organisation, (Kanter, 1977;Aryee & Chay, 1994;Scandura, 1992); the provision of challenging assignments, guidance, counselling, increased exposure and visibility to top management and role modelling (Burke, 1984;Phillips-Jones, 1983). Costs for the protégé include difficulties where the mentor adopts the role of sage dispensing advice instead of facilitating self-development (Megginson & Clutterbuck, 1995); and the possibility of a destructive relationship, particularly when the mentor does not advance as rapidly as the protégé (Kram, 1983).…”