For Immediate Release: June 6, 2007
Contacts: Kerry Parke, kparke@hbs.edu, (617) 495-6931

HBS LEADERSHIP FELLOWS PROGRAM ANNOUNCES 2007-08 RECIPIENTS

BOSTON - Soon after they graduate, ten newly minted Harvard Business School MBAs will join nonprofit and public sector organizations with the help of the School’s Leadership Fellows program. Now in its sixth year, the program provides Fellows with a one-year position in a nonprofit or public sector organization where they can make a significant contribution. Participating organizations pay Fellows $45,000, and HBS supplements that with a one-year grant of an equal amount so that compensation is competitive with what the graduate would earn at a for-profit enterprise.

This year’s Fellows and the organizations where they will work are:

Leadership Fellows program organizations are chosen each year by an HBS steering committee comprised of faculty and staff representing the School’s MBA Program and the Social Enterprise Initiative. Criteria for selection include the scope and nature of the proposed position, capacity of the organization for utilizing the leadership and management skills of Harvard MBAs, and potential student interest. Once selected, organizations are listed as available opportunities, and student interest determines the number of candidates for a particular position. Fellows are chosen by the hiring organization through a standard interview process.

More than 90 percent of SLFP Fellows receive an offer to stay at the organization that initially employed them. Approximately one-third of the program’s alumni are still at that organization, while one-third have moved on to a similar operation, and one-third have joined the for-profit sector.

“The Leadership Fellows program is equally rewarding for our graduates and the participating organizations,” said Professor Joseph L. Badaracco, Chair, MBA Program. “Many Harvard Business School students are eager to take part in the leadership and management opportunities available in the public and social sectors early in their careers. At the same time, the participating organizations benefit from the Fellows’ fresh perspectives and managerial skills.”

For more information, click here.

Grounded in HBS’s mission to educate leaders who make a difference in the world, the Social Enterprise Initiative aims to inspire, educate, and support current and emerging leaders to apply management skills to create social value. Through an integrated approach to social-enterprise related teaching, research, and activities at HBS, the Social Enterprise Initiative engages with leaders in all sectors to generate and disseminate practicable resources, tools, and knowledge with the ultimate goal of bettering society. For more information, visit: www.hbs.edu/socialenterprise.

About Harvard Business School
Founded in 1908 as part of Harvard University, Harvard Business School (www.hbs.edu) is located on a 40-acre campus in Boston. Its faculty of more than 200 offers full-time programs leading to the MBA and doctoral degrees, as well as more than 40 Executive Education programs. For almost a century, HBS faculty have drawn on their research, their experience in working with organizations worldwide, and their passion for teaching to educate leaders who have shaped the practice of business around the globe.