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Getting the Most from Your Summer Fellowship

Getting the Most from Your Summer Fellowship. Identifying Opportunities. Evaluating Opportunities. Preparing for Your Internship. Making the Most of Your Internship. Leveraging Your Internship. Develop an Understanding of the Sector Refine your Focus

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Getting the Most from Your Summer Fellowship

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  1. Getting the Most from Your Summer Fellowship Identifying Opportunities Evaluating Opportunities Preparing for Your Internship Making the Most of Your Internship Leveraging Your Internship • Develop an Understanding of the Sector • Refine your Focus • Develop a Deeper Understanding of Specific Sub-Sectors • Network, Network, Network • Clarify Your Personal and Professional Goals • Evaluate the Senior Management and Board of the Organizations You Are Considering • Use Your Network to Conduct Due Diligence • Do Your Homework: Understand the Sector • Develop a Deeper Understanding of the Organization and Its Culture • Understand Your Role Within the Organization and Begin to Scope Out Your Project • Invest in Relationship Building Early On • Create a Detailed Workplan • Leverage Available Internal and External Resources • Remain Adaptable • Keep Networking • Determine Appropriate Follow-On Contact with the Organization • Pursue Further Related Study or Project Work • Utilize HBS Resources • Continue to Network

  2. Preparing for Your Internship Understand the Sector: Key Distinctions Source: McKinsey & Company, 2002

  3. Preparing for Your InternshipUnderstand the Organization • Its sub-sector • Characteristics of the sub-sector • Competitive landscape; other players in the field • Its mission • Is it clearly articulated and understandable? • Is it reinforced by the strategy? • Its organizational structure and culture • Internal organizational structure • Board/Staff relationship and role of Board • Cultural norms • What are the key issues facing senior management, e.g.: • Performance measurement/management and accountability • Sustainability/Growth/Income-generating strategies • Capacity building • Collaboration (within or among sectors) • Other

  4. Preparing for Your InternshipYour Role within the Organization • How does your proposed project tie-in with the key organizational issues? • What will be your formal and informal reporting relationships? • What are your own personal/professional development goals for the summer? • What do you hope to achieve for the organization? What is the intended impact/result of your project? • What won’t be included within this project? e.g. Define the boundaries of your project. • What strengths do you bring to the table? e.g. objectivity, data-driven approach, focused attention, industry or disciplinary expertise, etc. • What resources will you need from the organization/others to succeed? e.g. sector-specific knowledge, understanding of stakeholders, existing data, etc. • What will happen with your work when you leave?

  5. Making the Most of Your InternshipTransitioning and Settling In • Invest in relationship building early and often • Speeds learning of organization and sub-sector • Provides insight to various stakeholder viewpoints • Builds trust and credibility • Create a detailed workplan • Clarifies goals, objectives, and deliverables up front • Identifies required resources • Formalizes reporting relationships/check-in points • Leverage available resources • Internal to organization • HBS resources • Summer fellowship community • Remain adaptable • Keep networking—within organization and field

  6. Making the Most of Your InternshipDeveloping a Workplan Define Project Objective Research and Analysis Multiple Review Points Develop Recommned-ations Present Your Findings • Develop a Problem Statement (scope) • Provide Context: Why does the organization need to address this issue? Why now? • Identify criteria by which to measure progress. • Identify key decision-makers • Outline any working hypotheses/assumptions. • Set a detailed timeline • Collect Data (quantitative and qualitative) • Find proxies/work-arounds when encountering data scarcity • Conduct analysis: Remember, simple analyses can be very powerful • Interpret findings • Present findings to key decision-makers • Gain agreement and commitment • Clarify follow-on requirements/activities • Build in review points with key decision-makers throughout the project timeline • Periodically test assumptions and findings • Gain feedback in time to make necessary adjustments • Synthesize findings • Develop action plan for implementation and detail anticipated outcomes

  7. Making the Most of Your InternshipSample Work Plan Template

  8. Making the Most of Your InternshipResources Social Enterprise www.hbs.edu/socialenterprise/relatedresources.html Career Specific www.hbs.edu/socialenterprise/careerdevelopment.html www.hbs.edu/socialenterprise/jobsearch.html Publications www.philanthropy.com www.nptimes.com www.ssireview.com Other Sources www.bridgespangroup.org www.guidestar.org

  9. Leveraging Your Internshipto Chart Your Career Path • Staying connected with the organization • Formal follow-on work • Informal contact • Connect others with the organization • Pursue further related study or field work • SE courses • Field study • Utilize available resources and continue to network • SE Career Coaches • Faculty • HBS Alumni Network

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