The Ethical Dilemma of Mentorship: A Confession from the Business Classroom
In the world of career development and mentorship, ethical lines can sometimes blur, leading to amusing yet questionable practices. This post delves into one such experience shared by professionals who volunteered their time to guide a group of high school students participating in a Junior Achievement program. The premise was simple: students would learn the ins and outs of running a small business, following guidelines that encouraged financial responsibility. However, reality proved to be a different beast altogether.
A Fruitful Idea Meets Unrealistic Rules
The team of associates decided to get creative and chose to sell fruit baskets. The plan involved purchasing bulk fruit and baskets, assembling the products, and delivering them to local customers. The concept, while straightforward, was hampered by a significant Junior Achievement rule: no debt could be incurred. This well-intentioned guideline aimed to safeguard the students and the organization, yet in practice, it presented a daunting challenge.
Without the ability to take on any form of debt, the associates faced the paradox of needing upfront capital to purchase the fruit that would fill the baskets. How could they fund the initial expenses while adhering to the rules that restricted them from creating any liabilities? The answer, albeit unconventional, was to ask customers for prepayment before delivering their orders.
Balancing Act: Two Sets of Books
The model worked from a business standpoint. However, there was a twist lurking in the process. As part of their mentorship, the associates were required to complete weekly financial reports for submission to the Junior Achievement office. Faced with the reality that documenting their cash collections and deferred revenue would likely incite outrage from the office, they found themselves at a crossroads.
Without any malicious intent, they inadvertently began keeping two distinct sets of financial records. One set represented the “real” financial situation, including the prepayments and obligations towards customers. The second set was a modified version designed solely for the eyes of the Junior Achievement auditors, which painted a picture that adhered to the organization’s strict guidelines.
This revelation came after several weeks of operation, during a casual conversation among the associates. The realization struck them: they were now managing two sets of books. As the project was nearing its conclusion, their decision was clear. They would continue their dual-record-keeping practice for the sake of expediency.
Reflecting on Ethics in Mentorship
While this story may elicit a chuckle, it also serves as a poignant reminder of
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