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Volunteer as a mentor - you win and the profession wins

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The strength and longevity of a profession is directly tied to the ability and willingness of its members to share their knowledge and experience with those entering the profession. In the appraisal profession, this transfer of knowledge and experience has been formalized into the Appraisal Institute of Canada Applied Experience Program and is known as mentorship. This article identifies some of the key values of mentorship to the profession, with the hope that experienced members not currently involved in active mentorship will seek out opportunities to share their knowledge and expertise with others. Mentors often forget about the benefits received by those who take on a mentorship role. If you ask most mentors why they choose to volunteer their time in this way, you will find that they strongly believe they get as much from the mentor/mentee relationship as the mentee.

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									     Applied Experience
                                                                                                                   By Duane Bates, AACI, Chair, Applied Experience Committee
                                                                                                           and Suzanne de Jong, AACI, Member, Applied Experience Committee


      Volunteer as a mentor
      – you win and the profession wins

     T          he strength and longevity of a profession is
                directly tied to the ability and willingness
                of its members to share their knowledge
     and experience with those entering the profession.
     In the appraisal profession, this transfer of
     knowledge and experience has been formalized
                                                               protégé).” (Bozeman, Feeney, 2007)
                                                                   This article identifies some of the key values of
                                                               mentorship to our profession, with the hope that
                                                               experienced members not currently involved in
                                                               active mentorship will seek out opportunities to
                                                               share their knowledge and expertise with others.
                                                                                                                         • It promotes a positive image of the profession
                                                                                                                           and reflects Candidate-centered values.
                                                                                                                         • It contributes to the development of partnerships
                                                                                                                           and/or alliances that may be useful to the
                                                                                                                           profession in the future.
                                                                                                                         • It provides a means of instructing a Candidate
     into the Appraisal Institute of Canada (AIC) Applied                                                                  in the ‘first principles’ and critical professional
     Experience Program (AEP) and is known as                  Importance of mentoring to our profession                   skills as related to work experience.
     mentorship.                                               Below are a few of the reasons why the mentorship         • It provides practical skills to Candidates that
          Mentoring can be defined as “… a process             process is critical to the continued success of our         are not obtained through course work and
     for the informal transmission of knowledge, social        profession:                                                 gives the Candidate a good understanding of
     capital, and the psychosocial support perceived           • It contributes to a positive climate and promotes         the various specialization options available in
     by the recipient as relevant to work, career, or            a clearer understanding of professional                   our profession, be it fee appraisal, consulting,
     professional development; mentoring entails                 responsibilities and expectations.                        portfolio management, etc.
     informal communication, usually face-to-face              • It can increase Candidate satisfaction and              • It allows Candidates to acquire on-the-job
     and during a sustained period of time, between a            retention in our profession by reducing a perceived       experience, while being given guidance by an
     person who is perceived to have greater relevant            sense of isolation.                                       experienced member who is able to reinforce
     knowledge, wisdom, or experience (the mentor)             • It
								
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