News You Can Use, 8/18

Corporate responsibility seen influencing MBA grads: Philanthropy Journal, 8/12
Students graduating with master’s degrees in business administration at 11 top business schools value corporate responsibility highly when evaluating potential employers, a new survey says.

These graduates are willing to sacrifice an average of 14.4 percent of their expected salaries to work at socially responsible companies, says the study by David Montgomery of the Stanford Graduate School of Business and Catherine Ramus of the University of California at Santa Barbara.
Attributes the students considered when reviewing companies were ethical business conduct, environmental sustainability and care for the community.
Social responsibility ranked third in importance for graduates, following intellectual challenge, which topped the list, and finances, the study says.

IBM and Bridgespan team up: Philanthropy Journal, 8/11
IBM and the Bridgespan Group are joining forces to launch a program that will help interested IBM employees make the transition to careers in nonprofits.

The initiative is designed to address the shortage of leaders in the nonprofit sector caused by baby boomer retirement and overall sector growth.

More than 640,000 new nonprofit leaders will be needed by 2016, says “The Nonprofit Sector’s Leadership Deficit,” a study produced by Bridgespan, a nonprofit offering strategic consulting and executive-recruiting services to nonprofits.

The initiative also will address the nonprofit sector’s increasing need for business and technology skills.
Through the Bridgestar initiative, the two partners will build an online platform and program to give IBM employees and retirees access to tools that will help them assess their readiness for transition to nonprofits, seek job opportunities and receive mentoring.

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