Saturday, May 28, 2011

Top 5 Considerations Before you Make the Move

So the time has come for you to make the transition from the for-profit world into the charitable sector? Congratulations!  Before you take the plunge and whatever stage in the process you're at, here’s a "Top 5 Considerations" checklist for you to review. It draws on previous posts of my own, plus a variety of the conversations I’ve been having just in the last few weeks.

  1. What’s your motivation? Are you trying to "fix" a charity or charities? Are you trying to "give back" from your years of for-profit expertise? If so you may find your reception is less warm than you hope. Charities of all kinds need your skills, but the cornerstone of success is passion, a passion for the cause and a genuine desire to support the Mission.
  2. How big a paycheck do you need? Remember there’s a general correlation between the size of the charity and the size of the paycheque. So the larger Universities and Colleges, the Hospitals, and the bigger health charities (Heart, Cancer, etc.) generally have the capacity to pay more.
  3. Does the charity speak your language? This is a little subtler, but organizations that already have some for-profit thinking in their "bloodstream" may be an easier place for you to initially make your transition. Is their CEO or Executive Director from the for-profit world? Do they have a social venture aspect like Habitat for Humanity? Do they have membership that requires business concepts in the same way as the YMCA’s Health and Fitness centres?
  4. Have you lived some of the charitable life already? If you haven’t sat on a charitable Board, or volunteered for key events or committees over an extended period of time you’re likely not ready for the move. First, you’ll likely get asked about it in the interview process, and just as important it will give you a sense of whether you really want to move in this direction in the first place.
  5. How’s your network? Not only will finding the right role be much easier if you know people in the charitable world and on charitable Boards, but being successful is much easier too if you have experienced resources to draw upon. In a way that that is quite different from most highly competitive for-profit sectors the ability to liaise, connect and even partner with "competitors" is important in the charitable world, and only going to get more so.
Good luck in the search and always remember you don’t have to work in a charity to make a difference FOR a charity!

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