Dec
02
Mentorship Has Many Returns
Posted by Ellen D. MandelComment
 
 

Ellen Mandel, DMH, MPA, MS, PA-C, RDN, CDEThis article appears on the Journal of the American Academy of Physician Assistants’ blog, Musings.

My current train commute to Pace University involves joining many finely suited Wall Street types who are uniformly dozing (it is early), or reading the Wall Street Journal. If they are awake, I suspect they are planning their puts and calls, and other assorted transactions to maximize bottom lines, theirs and their firms’. Simply stated, they are considering their short and longer term return on investment (ROI).

On Wall Street, ROI serves as a quasi socially acceptable term for “show me the money.” Wall Street also offers complex algorithms to quantify this ROI, from the simple P/E (price to earnings ratio, or how much you are paying for each $1 in earnings per share a stock generates), not to be confused with the V/Q scan, to elaborate derivatives, about which even the power traders admit to being clueless. So, before we consider foreclosure, let me suggest the physician assistant (PA) ROI: mentorship.

Comparing the P/E ratio of how much you are paying in stock for each $1 earned may be equated to your professional return (career longevity, stability, income, public respect, happiness) as compared to your mentoring investment (time, expertise, leadership skills). Basically, the “show me the money” of your professional PA future.

Read the rest of this article on the JAAPA website.

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