November 2024 – Edition 01

Cover Story

Unleashing the Potential for Young Leaders for Social Impact

The social impact sector encompasses a wide array of organisations and activities aimed at addressing challenges in areas such as social justice, economic inclusion, and environmental sustainability, amongst others. The sector is in a high-growth phase in India, driven by the escalating availability of corporate social responsibility (CSR) funds and philanthropic capital. The sector’s rapid expansion has underscored the need for young leaders at the middle level, capable of driving innovation and navigating complex challenges. The social sector has increasingly benefitted from leadership and talent infusion from the private sector to meet its growing demand. The social sector faces multifaceted challenges, including navigating regulatory environments, engaging with diverse stakeholders, and addressing deeply rooted social issues.

At the same time, the symphony of youthful idealism is rising, fuelled by the passion to drive economic prosperity and champion social justice. Young leaders from the private sector are adept at problem-solving and can leverage their experience to develop innovative solutions to complex challenges that the social sector faces. They also bring a structured approach to program management, ensuring that projects are delivered on time and within budget. Further, innovation is crucial for the social sector to develop scalable and sustainable solutions to pressing social issues. Young leaders with experience in innovation management can introduce new methodologies, technologies, and business models that will help enhance the effectiveness and reach of social initiatives.

The social sector offers leaders the opportunity to work on some of the most complex challenges that humanity faces. Solving for such problems demands the coming together of the best brains and adopting a multi-stakeholder approach with the government, civil society, and communities

Their ability to foster a culture of innovation can lead to the development of pioneering programs that may have the potential to address the root causes of social problems. The sector today uses strategic planning, data analytics, and innovative solutions to tackle complex goals of social and economic justice.

At the same time, leadership development and talent management in the social sector are undergoing a transformative shift towards increased professionalism, aligning more closely with corporate sector practices. Career development within the sector has become more defined, with clear progression paths and opportunities for growth. New hires regularly undergo thorough induction programs, ensuring they are well-versed in the organisation’s mission, values, and operational procedures. Performance management systems have been implemented by several SPOs to provide regular feedback, set clear objectives, and recognise achievements, fostering a culture of accountability and continuous improvement. Employee engagement initiatives have also taken centre stage, aiming to boost morale and foster a sense of community and purpose within teams. These initiatives range from regular team-building activities and well-being programs to opportunities for professional development and skills training. Finally, there has been a notable correction in salary structures over the past decade. Competitive compensation packages are increasingly common, reflecting the growing recognition that professionals in the sector must be adequately rewarded for their contributions.

These advancements signal a significant change from the traditional perceptions of the sector to one that is committed to nurturing and retaining talent through systematic and strategic approaches.

It is important to acknowledge that the transition for young leaders from the private to the social sector comes with its own dynamics and myriad of challenges, including understanding the sectoral context and culture, limited exposure to sectoral issues, awareness of the variety of roles in the social sector, and doubt about the transferability of skills. Such realities endorse the need for a focused program that is specifically designed for young leaders. To meet this demand, we are excited to announce our newest offering,

The ILSS Young Leaders Program, specially crafted for young leaders to hone the knowledge, skills, and mindset necessary for a meaningful transition to the social sector.

The ILSS Young Leaders Program is designed to achieve the following outcomes:

Sharpened leadership acumen: Participants will hone leadership capabilities that will enable them to think strategically, navigate complex social sector challenges, and make data-driven decisions that drive positive social impact.

Social sector expertise: Participants will build a deep understanding of the social sector landscape, fostering an informed and impactful approach to social change.

Build an entrepreneurial mindset: Participants will foster a lens of abundance rather than scarcity, and develop the ability to unearth high-leverage opportunities that can create catalytic impact by overcoming challenges, at every level.

Confident career transition: Participants will benefit from personalised career roadmaps and placement support, ensuring a smooth and successful entry into the social sector.

Enabling engagements: Participants will engage with a vibrant ILSS community of alumni, faculty, and mentors, fostering personal learning and growth.

The ILSS Young Leaders Program is a one-of-its-kind program that is designed keeping in mind young leaders and their meaningful transition.

 Our Program provides comprehensive training in social sector dynamics, stakeholder engagement, impact evaluation, and policy analysis whilst leveraging the wealth of expertise that young leaders from the corporate sector bring in. This Program is meant for young professionals passionate about challenging the status quo and driving positive social and economic change in India.

I conclude this article with an appeal to young leaders to come forward, embrace the big challenges of India’s social sector, and plunge in to be the change they want to see!

Read our report on Young Leaders for Social Impact 

‘Good habits formed at youth make all the difference.’Aristotle
Writer
Dr Rajneesh Chowdhury, Head – Centre of Excellence for Leadership, ILSS
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