Value of Mentoring Programs

Kara Hayne

December 15, 2005

MBC Presentation

Capital Markets Mentoring Program

Eight month program Creates partnerships Monthly meetings Mentee exposure Overall goal: to foster a mentoring

culture within Piper Jaffray to enhance “people investing in people”

Program Objectives

Enhance relationships between departments

Improve mentee’s understanding of career options within the firm

Increase understanding and awareness of the Capital Markets and Research Business lines

Research Question

Are the objectives of the Capital Markets Mentoring Program being met?

Methodology

Survey 69 Piper Jaffray participants

mentors, mentees, and management Distributed via e-mail 20 questions

15 close-ended 5 open-ended

Response

32 surveys completed 22 mentees 10 mentors 0 management

46% response rate

Enhances Relationships

Do you feel this program enhances relationships between Capital Markets and other Business Lines within Piper Jaffray?

88% strongly agree or agree

Future Opportunities

Has your participation in this program affected your view of future opportunities within the organization?

73% of mentees strongly agree or agree

Increases Understanding

Do you feel this program helps increase the understanding and awareness of Capital Markets?

94% strongly agree or agree

Increases Understanding

Do you feel this program helps increase the understanding and awareness of the Research Department?

66% strongly agree or agree

Best Complement

Would you recommend this program to other employees within Piper Jaffray (Yes or No)?

94% responded yes

Research Question

Are the objectives of the Capital Markets Mentoring Program being met?

Yes

Recommendations

Maintain mentoring program Re-examine the approach used to

increase understanding and awareness of Research Department

Conclusion

Employees benefited Results were positive Objectives were met Supports Piper Jaffray’s vision