BOSTON—After receiving their degrees this spring, eight members of the Harvard Business School MBA Class of 2011 will begin working in nonprofit and public-sector organizations through the School's Leadership Fellows Program. Now in its tenth year, the program provides Fellows with a one-year position in a nonprofit or public-sector organization where they can make a significant impact. Since 2001, the program has placed 97 Fellows with 44 organizations. Participating organizations pay Fellows $45,000, and Harvard Business School (HBS) supplements that with a one-year grant of an equal amount. Throughout the year, Fellows also benefit from access to HBS resources and return to campus for organized networking and professional development events with other Fellows.
This year's Fellows and the organizations where they will work are:
"This program is a win-win-win situation for all its constituents," said HBS professor Allen Grossman, who serves on the steering committee of the Leadership Fellows Program. "Our partner organizations describe the significant impact made by their Leadership Fellows. Our students consistently report that working with these exceptional groups provides a unique leadership development opportunity. And the HBS community could not be more proud of these emerging leaders and their dedication to making a very real and positive difference in the world."
Leadership Fellows Program organizations are chosen each year by an HBS steering committee composed of faculty and staff representing the School's MBA Program and its 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 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.
For more information, visit the HBS Leadership Fellows Program website.
About the HBS Social Enterprise Initiative:
Since 1993, the HBS Social Enterprise Initiative (SEI) has applied innovative business practices and managerial disciplines to drive sustained, high-impact social change. The Social Enterprise Initiative acts as a catalyst for creating social value by serving as a focal point for the creativity and energy of its worldwide community. These efforts have manifested themselves in a number of areas, ranging from the participation of approximately 90 faculty members in social enterprise research and teaching to the creation of over 500 social enterprise cases and teaching notes. Courses that focus on social enterprise are embedded into the MBA curriculum and HBS Executive Education program offerings, reflecting a real-world blending of business and social issues. Beyond the classroom, the Initiative offers career development and community engagement programs designed to support students and alumni engaged in the social sector. For more information, visit: www.hbs.edu/socialenterprise/.
Founded in 1908 as part of Harvard University, Harvard Business School 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 80 open enrollment Executive Education programs and more than 60 custom programs. For more than 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 and entrepreneurship around the globe.