The MBA CSR Job Search

Hello everyone!

I am back from my cross country road trip and happy to report I am officially based in the San Francisco Bay Area again.

I have many stories to share from the road, but before I recap my trip, I wanted to give a quick plug for my friend and fellow Twitterer Aman Singh Das, Corporate Responsibility Editor of Vault.com.

For anyone who participates in the CSR community on Twitter, Aman’s name and her work on Vault.com and the In Good Company blog will definitely ring a bell. I first met Aman a few months ago when she was interested in publishing one of my CSR job search posts.

Our paths crossed again a few weeks later when she reached out to me for an interview. Curious about how MBA graduates are faring in their CSR job search, Aman decided to write what she called an “intergenerational study” of MBAs who want to create change in business.

Included in my interview cohort were MBAs from Case Western, Marlboro College and UC Irvine (including my friend Geetanjali Singh). The unifying theme for all of the interview subjects was our interest in finding a job in corporate social responsibility.

Here’s what Aman had to say about her report:

Over the next two weeks, I will be publishing interviews with each of the graduates, providing you with in depth insights into their worlds and their progress—or lack of it—in finding employment in their chosen field. Each of the graduates left behind stable, well-paid careers—ranging from IT, programming, and nonprofit fund raising—to strike out in a field they feel truly passionate about. Will they sacrifice that passion for CSR in favor of employment? And if not, how long are they willing to search for that perfect job, and what alternatives exist in the marketplace?

I am so thrilled to have taken part in such an interesting inside look into how MBAs are finding their way in the field of corporate social responsibility. Thanks Aman for including me in your study!

Since I thought this content would be of interest to readers of The Changebase, I’ve provided links to all of Aman’s great reports, including the full transcript from her interview with me.

I hope you enjoy!

-Ashley

• Job Hunting in CSR: What’s Next for These MBA Graduates?
• Part 1: Will the Recession Serve as a Tipping Point for Corporate Responsibility?
• Part 2: Connecting Corporate Responsibility with Career Objectives.
• Part 3: After All is Said and Done, Where Are the Jobs?
• Career Change: Leveraging Business School to Move From Nonprofit Fundraising to Corporate Sustainability (My Full Interview with Aman)
• Readers Respond: The Evolution of CSR and What Might Be Next.

What Do You Love?

One of the best things about being in grad school and conducting a job search is getting to do informational interviews.

As an MBA student I had the opportunity to connect with and ask questions of professionals in CSR, philanthropy, social enterprise and sustainable business. Luckily, even though business school is over, I’m still able to call on friends and others in my network for in-person coffees, lunch dates and phone calls.

In total I’ve met with probably 80 people over the last year and a half – definitely a good sample size! Why do I do it?

First and foremost, these conversations are a lot of fun – I enjoy talking to people and hearing their own stories about the career choices, successes, and even mistakes they’ve made along the way.

But more than that, it’s a great learning opportunity. As someone trying to carve out my own path and figure out my next steps, I find it incredibly helpful to get other people’s perspectives and advice.

What’s funny is that even though I talk to someone different each time, the advice I receive is often similar from conversation to conversation.

For example, I don’t have enough fingers and toes to count the number of times people have told me: “If you want to work “in-house” in a corporate responsibility team, get a functional job first (ie: marketing, strategy etc) and work your way in to a CSR job later.” (Seriously – if you also want to work in CSR, I can’t stress enough how often this bit of wisdom has come up in conversation!)

Sometimes I get frustrated hearing the same thing over and over again. Yet other times the messenger relays the advice in a way that’s just different enough to make it stick.

The best and most recent example was a phone call I had last week with a woman who previously worked in CSR communications and reporting at a major consumer products company. As is customary for most of my conversations, I ended our talk by asking what advice she might have for me as someone who wants to get into the field.

Her response: “Think about what you love.”

Now ok, I’ll admit it: at first I rolled my eyes a little. I have definitely heard this one before! Still, she pressed on: “Don’t think about what brand you want to work for,” she cautioned, “or what function you want to work in. Instead, think about what you love to do, what you love to talk about – and find a job doing that.”

What’s funny is that even though this idea wasn’t new, the way in which this woman said it really resonated.

Since our talk last week I have challenged myself to identify what I really love. And to be honest, it’s not a simple question to answer!

Think about it this way – how often do you ever give yourself the freedom and the space to actually stop and think through what you love to do, what you love to learn about, or what you love to share with others? And how often to you actually bring what you love to work?

Some people know right out of the gate what it is they love. For me, I’ll admit it – I’m still working on it. But I guess, in the end, that’s the point.

People like us – that is, people who are motivated to make change in our communities and have an impact on the world – have to follow our hearts. That’s really, in my opinion, the only way we’ll actually be sure that we successfully accomplish what we set out to do!

Sometimes it’s easy to overlook the importance that enthusiasm and passion can play in our jobs. Instead, we focus on salary, title, or prestige. I know as a recent graduate it’s been easy for me to get hung up on these issues.

At the end of the day, though, I think we’re all actually motivated by questions of greater value:

• Do we feel satisfied at work?
• Are we having the impact we wanted or hoped for?
• Do we need to explore something new?

Ultimately, it comes down to figuring out your passions – that is, the things that make you feel complete and fulfilled – and finding ways to make them your life’s work.

And yes, often this is easier said than done. Many of us have family or other commitments that make it tough to simply “follow our bliss” all of the time. But my hope is that you will take just a moment to sit quietly, listen to your heart, and figure out what you love. I know that’s my goal right now and I’ll be sure to update you when I have some answers.

In the meantime, my job is to find a job. And hopefully that job will touch upon those things I love – once I know what they are!

The Business of Business

Well folks – I’m all done with business school!

After a whirlwind week of celebrations – and just a little pomp and circumstance – the dust is finally settling and life is returning to normal (although, one quick plug, I'm still looking for a job!)

But before we close this chapter completely, I wanted to share a quick story.

My mom was in town for graduation, and practically as soon as her plane touched down, she told me she needed to go to a book store. She wouldn’t tell me why.

After a day or two of being reminded regularly of her need to get to a book store, I finally gave in and took her to the closest one I could find. Once there, she bolted away on her quest – leaving me to hang out in the New Releases section and wait for her.

A few minutes later she came bounding back toward me with a bright red book in her hand. In big black letters, striking on the red background, it read: The MBA Oath.

“This,” she said, “is what I wanted to get you.”

The MBA Class of 2010 was just beginning its first year of school when the Financial Crisis really started to accelerate in September 2008.

I remember sitting in finance class when, in the throes of the biggest crash since the Great Depression, my professor decided to skip the theory and formulas and instead devote big blocks of time to breaking down what exactly had happened. It was an engrossing and overwhelming conversation, to say the least.

As the magnitude of the Crisis became clearer, my classmates and I found ourselves faced with an uncomfortable truth: many of the people responsible for this financial collapse were also MBAs.   

Suddenly, everywhere I turned there seemed to be a debate over whether the MBA curriculum had anything to do with this. What role did business education play, people wondered, in churning out managers whose only motive was short-term (and short-sighted) gain?

And, by extension, many asked: Is the MBA a degree to be trusted?

As a fresh-faced first year student, this was a tough pill to swallow. I came to business school to put new tools in my tool kit, to strengthen my analytical and leadership skills – not so I could follow in the footsteps of those irresponsible managers. We all know the saying, “one bad apple spoils the bunch” – and I felt like a handful of bad apples had spoiled it for all of us.

Throughout that first year of school, the question of ethics in business decision making was a constant theme. As students we were challenged by our professors, and by each other, to consider what steps we could and would take to ensure we did not follow the example set by those “bad apples.”

Around the same time, Harvard Business School student Max Anderson and his classmates launched what they called the MBA Oath, a “voluntary pledge for graduating MBAs and current MBAs to create value responsibly and ethically.”

Considered “a Hippocratic oath for business,” the MBA Oath outlines principles and actions each signer must uphold, from accurate reporting to ensuring the health and dignity of employees. You can read the full language of the Oath here.

While it was originally started as a Harvard campus initiative, the MBA Oath has now reached students worldwide and claims over 3,000 signatures from schools and students. Which brings us back to my mom and the book store.

Max and co-author Peter Escher have just released an accompanying book – a guide that not only tells the story of the Oath, but that also takes a look at classic MBA case studies through the lens of business ethics.

It looks like a fascinating read, and you can bet it’s at the top of my summer reading list.

When I reflect back on the education I received over the last two years, I can see now to what extent my thinking and learning has been framed by the Financial Crisis – and ultimately by the short-sighted and dangerous decisions made by people who chose to put profit above all else.

As this year's class of MBA graduates enters the workforce, we must prepare ourselves to face choices, scenarios and decisions that may seem to pull us in opposite directions. Charged with balancing short-term gain and long-term thinking, we’ll continually be asked to make tough decisions and weigh the conflicting interests of multiple stakeholders.

Tools like the MBA Oath can help guide us in our choices – but in the end I believe they are only tools. Ultimately the decision to use both our heads and our hearts is ours alone.

As you go out in to the professional world – whether you’re a newly-minted MBA or a “gray-haired” professional – I ask you to remember to always pack your moral compass with you.

Milton Friedman might have said “the business of business is business” – but I argue it’s about much more than that.

Yes, the goal of business is to make money. But at what cost?

Request from a CSR Job Seeker

I'm thrilled to announce that in two weeks I'll be graduating from business school!

As unbelievable as it sounds (even when I say it), the end of my MBA program is amazingly just around the corner. While it hasn’t always been fun – derivative equations in economics class come to mind – it has been an incredible two years of learning and 100% worth it.

Now with my diploma (almost) in hand, I’m ready to take all of my new knowledge and skills out into the big wide world and get to work.

The only problem? I need a job! Which is where my request for help comes in...

In past posts I’ve tried to stay away from obvious self-promotion – if only because I wanted the CSR stories and innovations to take center stage.

While this will almost always be true here on The Changebase, I also have to own up to the fact that I’m an MBA who’s done enough IT strategy coursework to understand the value of crowdsourcing.

Knowing that I'm lucky enough to have readers from all professions and areas of expertise, I was hoping to enlist your help in my job search. As you'll see below, I've taken a few paragraphs to outline who I am, what I do well, and how I might be able to help your organization with its CSR work.

And, if you like what you read and have some ideas or suggestions to share, of course I'd love to hear from you.

Who I Am: I’m a CSR strategy and communications specialist with a combined 7 years of experience in nonprofit fundraising, corporate philanthropy, marketing, and social media. As an MBA I have consulted with a number of corporate, agency and social enterprise clients on topics including sustainability strategy and reporting, stakeholder engagement, brand management, and consumer marketing. Curious to learn more? Check out my LinkedIn profile.

What I Do Well: While I like to think I’m pretty good at a number of different things, there are a few areas that I think are my core competencies:

CSR Strategy and Communications – I have deep subject-matter expertise and experience in CSR strategy and marketing, and I get especially excited about opportunities to help companies tell their CSR stories in ways that resonate with stakeholders and drive business value. Want an example? Check out this press release to learn more about a sustainability communications project I recently completed.

Social Media Strategy and Execution – Since starting my blog I have basically embedded myself in the social media world and, through thoughtful strategy (and lots of practice), I believe I’ve developed an approach to social media for CSR that is effective and successful. Want to see my social media work in action? Check out my Twitter feed – in just over a year I’ve built an engaged group of almost 1,200 followers through tactics that include developing a point of view, staying on message, and creating genuine conversations.

Research and Writing – Given my blog, it’s probably no surprise that I love to write. It turns out, though, that I also really enjoy doing research. Whether it’s gathering secondary data, creating surveys and analyzing results, or performing in-depth interviews, I have extensive hands-on experience with market research methods and tools. The best of all? I can turn that research into persuasive, actionable white papers for clients looking to create or maintain a thought leadership position in the CSR space.

People, People, People – It's safe to say that, in many ways, a successful CSR strategy hinges on whether you can build relationships and create allies both inside and outside your organization. Whether it's facilitating conversations, building partnerships, leading teams, or even engaging critics - you name it, I enjoy it. And I think I'm pretty good at it too.

How I Can Help You: I believe my experience and background in CSR, philanthropy and marketing can add value to the following kinds of organizations:

1. Corporate brands that have CSR programs and/or a sustainability focus
2. PR, communications, or consulting agencies that specialize in CSR marketing and strategy
3. Start-ups with innovative business ideas for “doing good and doing well.”

Whether it's crafting a CSR communications strategy for your client; integrating social media into your corporate marketing portfolio; or developing a sustainability strategy for your new start-up, I know I have the skills and experience to help you get to where you want to go.

A few other details: as I mentioned, I graduate in two weeks and I’m able to start working shortly thereafter. Oh, and I’m focusing my search in the San Francisco Bay Area and the Pacific Northwest (Seattle, WA or Portland, OR).

So, what do you think? Are you looking for help strategizing, implementing, or growing your CSR program? Know someone who is?

Please feel free to contact me - I’d love to hear more and talk through specific ways that I can help you and your company achieve your CSR goals.

Thanks again for all of the support you have given me throughout my MBA journey. It’s an exciting time and I’m really looking forward to starting my next adventure!

-Ashley

Engaging Your Employees in CSR

In the grand scheme of things, Corporate Social Responsibility is still an emerging field, which means that everything – from general strategy to best practices – is still being solidified.

One of the questions that is still debated quite often in the CSR community concerns the “business case” for this kind of work.

In a world where business decisions need to be justified through sound reasoning and quantitative measurements, it can be tough to explain why “doing good” is important.

I’ve tried to tackle this question in past posts, and the fact that I’m bringing it up again I think is proof that the jury’s still out on this one. Nonetheless, I did just hear one perspective on the topic that I thought was worth sharing with you.

Bob Willard is a sustainability author whose “claim to fame” (as he put it) is the quantification of the bottom-line benefits that companies can enjoy through CSR. He recently presented his ideas on the value of CSR as part of a Net Impact Issues-in-Depth call that I was lucky enough to listen to.

Bob started by laying out his general framework for the case for CSR, otherwise known as The 3 R’s:

1. Risks
2. Responsibilities
3. Rewards

The first category, Risks, is pretty obvious and serves as the most direct justification for engaging in CSR. From managing regulatory changes to preparing for the potential depletion of certain natural resources, corporations must consider what risks they face and how CSR might help mitigate exposure to those risks.

The next category, Responsibilities, really speaks to the new wave of expectations surrounding corporate involvement in the community and the environment. Whether from consumers, the media, NGO’s or even employees, there is clearly pressure being put on companies to be active and engaged in society – with reputation, loyalty and credibility at stake.

Yet it was the third ‘R’ – Rewards – on which Bob focused. As Bob put it, “There are surprisingly big rewards for taking up responsibility expectations and mitigating risk”.

In fact, according to Bob’s calculations (which he called conservative), these rewards can be sizeable for both large corporations and small-to-medium businesses, who can expect to earn at least 38% and 66% more profit, respectively, through CSR programs.

Not surprisingly, the biggest area of CSR reward comes from the eco-efficiencies created in sustainability programs (ie: saving water, reducing waste, etc).

What comes next? Interestingly enough, the second biggest reward opportunity comes through employee engagement in CSR programs. Whether through reduced recruiting and attrition costs or increased employee productivity, the HR benefit of CSR is not to be overlooked.

Now, we all know anecdotally that CSR improves morale, reduces turnover, and generally leads to more satisfied employees. What’s cool about what Bob has done is that he’s actually put numbers behind these assertions and provided the calculations that prove these rewards.

Admittedly, I’ve never been great at statistics – but when Bob presented a regression analysis showing a correlation (R² = .57) between employee engagement and CSR activities, I just about swooned!

While I’m not going to repeat everything Bob presented, you can check out his website to see presentations and spreadsheets that show the numbers behind his ideas. In general, Bob's overall point was that employee engagement drives business results (after all, happy employees beget productive employees) – and that CSR is one big way to dramatically improve the recruitment, retention and satisfaction of employees.

Thus, in essence, CSR leads to engaged employees which leads to increased returns for business. And voila - the business case for CSR in a nutshell!

As a job-seeker and future engaged employee, this assertion rings true for me. Nonetheless, if you’re still doubtful, I’ll leave you with some of Bob’s statistics as food for thought:

Recruiting

• 40% of MBA grads rated CSR as a an “extremely” or “very” important company reputation measure (Hill & Knowlton Jan 08)
• MBA grads will sacrifice an average of $13,700 in annual salary to work for a socially responsible company (2003 Stanford University study)

Retention

• 83% of employees in G7 countries say their company’s positive CSR reputation increases their loyalty (GlobeScan 2006)
• 57% of employees say their company’s CSR reputation is a factor in retaining them (Towers Perrin-ISR global survey 2007)

Productivity

• Fully engaged employees are 2.5 times more likely to exceed performance expectations than their “disengaged” colleagues (Hay Group website, May 2009).
• At Best Buy, a 2% increase in employee engagement at one of its electronics stores corresponds, on average, to a $100,000 annual rise in its sales (Business Week, “The Case for Optimism,” August 13, 2009).

So what do you think? Is employee engagement a compelling motivation for CSR at your company? Is this an argument that wins over senior company leaders? I'm curious to hear your thoughts.