If you are considering a career in corporate social investment, the most important qualification is a genuine interest and desire to help people in need. Someone who is looking into a corporate social investment position must also have good communication skills and be ready to travel.
Identification
Corporate social investment (also called CSI) is an effort by companies to invest in the social development of a country in need. It is similar to a community-service initiative, only more targeted. Corporate social investment positions and initiatives are very prevalent in New Zealand and South Africa.
What is the Purpose of Corporate Social Investment?
Corporate social investment initiatives usually involve promoting education, social activism and entrepreneurship in an area that is severely in need. Employees who work in corporate social investment positions will be required to organize these programs and work with local governments to assure that positive things are actually being done with the money that is being invested in the area.
Education is of utmost concern in developing countries. Children and young people are a country's most valuable resource; with the proper education and skills, they can grow up to take on important positions that will help build their country's infrastructure and economy. Social initiatives support efforts related to health and social development in these countries. Finally, small businesses are considered to be a cornerstone of any strong, viable country, so CSI programs look to encourage entrepreneurship by giving business owners funding, ideas and support.
Who is Most Qualified for These Positions?
Because many CSI jobs will require the employee to travel abroad, the ideal candidate for a corporate social investment position will enjoy exploration and be prepared to go outside of her comfort zone. In some cases, the employee will need to relocate.
Someone with a background in community service--perhaps a former non-profit employee or social worker--would do best in this type of position. The candidate should have concrete ideas and methods for effecting change in developing countries, great communications skills, and the ability to manage money well. This type of position is a liberal arts major's dream.
Most of all, the ideal candidate for a corporate social investment position must genuinely care about helping people. A good heart and clear mind are needed when you are thinking about embarking on this type of career.
Companies With Corporate Social Investment Programs
There are several well-known companies who have corporate social investment programs in effect. Ernst & Young, a large professional-services company and one of the Big Four auditors worldwide, has an aggressive CSI program in South Africa. It even encourages its employees to contribute from their paychecks to non-profit organizations. Virgin Mobile of the UK also has a corporate social investment program to help starving children and kids who are victims of abuse. Visa helps people in developing countries who are new to banking by helping them manage their finances.
Considerations
If you are looking into a career in corporate social investment, a background in community service is very helpful. This type of job can be a rewarding experience for someone who loves to help others and understands the needs of people in developing countries. Be prepared for travel and the need to work closely with governments and people in need.
