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Careers of Consequence: Social Impact and Sustainability Careers
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Today’s presenters Stephen Seabolt: Vice President of Marketing Alliances American Cancer Society Mackenzie Sullivan: Sector Director, Social Impact & Sustainability Fuqua CMC
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3 What are Impact Careers?
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Market-based solutions to social or environmental problems Using the power of the private sector to make positive change* *Katie Kross
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Organization Type (Map inspired by More Than Money Careers) MissionProfit
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“Make a green company big” (inspired by Katie Kross)
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“Make a big company green” (again, Katie Kross)
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Components of an impact job
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10 Development Finance Institutions (DFIs) (e.g., IFC, OPIC, EBRD) Private Foundations (e.g., Calvert, Omidyar, Rockefeller, Schwab) Financial Institutions (e.g., J.P.Morgan, Citi, Standard Bank) Boutique Investment Funds (NPs and FPs) (e.g., Root Capital, RSF Social Finance, Acumen, TBL Capital, SJF Ventures, Ignia, Unitus) Pension Fund Managers (e.g., TIAA-CREF) Community Development Finance Institutions (CDFIs) (e.g., Self Help, NFF, OneUnited Bank, Opportunity Fund) Private Wealth Managers INVESTORS (debt and equity) INVESTMENT ADVISORS / CONSULTANTS (e.g., Arabella Advisors, Imprint Capital, Tides, NFF, McKinsey Social Sector Office, TCC Group, Monitor, SVT Group) INFRASTRUCTURE DEVELOPMENT Government /Govt Affiliated (e.g., White House, SBA in US, Big Society Capital in UK) Networks (e.g., Social Venture Network, CERES, Investors’ Circle, Toniic, Impact Investment Exchange Asia) Thought Leadership (e.g., Universities – like Duke!, Global Impact Investing Network (GIIN), PCV InSight) Standards / Certifications (e.g., B Lab, Green Plus, Fair Trade USA, Cradle to Cradle, LEED) Example: Impact Investing VENTURES AND COMPANIES
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11 Dedicated Corporate Sustainability (or Corporate Social Responsibility) Office Supply Chain / Operations Compliance / Risk Management Product Management / Design Marketing Finance Consulting Firms (e.g., Deloitte, etc) Nonprofit Organizations (e.g., WWF, Conservation International Environmental Leadership in Business (CELB), EDF Climate Corps) Internal Corporate Roles Source: Profession and Purpose, Katie Kross Example: Corporate Sustainability
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Financial resources Fuqua FULL-TIME FINANCIAL SUPPORT Loan Assistance Program (LAP) - loan forgiveness awards for Daytime alumni who work full-time for eligible nonprofit and government organizations. Must be used no more than 3 years post graduation. 12
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Resources for exploration Profession and Purpose by Katie Kross Net Impact website: Careers SectionCareers Section
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Resources for exploring organizations/titles BSR (http://www.bsr.org/en/careers)www.bsr.org/en/careers Net Impact (www.netimpact.org) )www.netimpact.org DevEx (https://www.devex.com/jobs)https://www.devex.com/jobs) CommonGood Careers (http://commongoodcareers.org/) (http://commongoodcareers.org Global Impact Investing Network (http://jobs.thegiin.org/)http://jobs.thegiin.org/ GTS Twitter: @cathyhc @Katie_Kross @SustainableJobs@cathyhc @Katie_Kross@SustainableJobs
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Conferences and Jobs Conferences: –Net Impact National conference (social impact & sustainability) –Fuqua Net Impact Club’s Week in Cities (social impact & sustainability) –Fuqua’s Sustainable Business & Social Impact conference (social impact & sustainability) –Business for Social Responsibility (corporate sustainability/CSR) –SOCAP (impact investing) –Sustainable Brands (sustainability) –GreenBiz (sustainability) Job Boards and Resources related to job search: –BSR (http://www.bsr.org/en/careers)www.bsr.org/en/careers –Net Impact (www.netimpact.org) )www.netimpact.org –DevEx (https://www.devex.com/jobs)https://www.devex.com/jobs) –CommonGood Careers (http://commongoodcareers.org/)(http://commongoodcareers.org –ReWork (http://rework.jobs/)http://rework.jobs/ –GIIN Career Center (http://jobs.thegiin.org/)http://jobs.thegiin.org/ –The Chronicle of Philanthropy: www.philanthropy.comwww.philanthropy.com –Work Monger (http://www.workmonger.com/)http://www.workmonger.com 15
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CASE Scholars– where are they now?
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Impact job matrix FunctionOrganization typeImpact AreaIndustryLocation M'kting? Strategy?NP? B-Corp? For-profit?Education? Global Health?Tech? CPG?East Coast, NYC, Brazil Plan A Plan B Plan C What is a "must have?" What can you be flexible about? Where do you have expertise? Where do you have questions or want to explore?
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