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More than 640,000 new nonprofit leaders will be needed by 2016 according to "The Nonprofit Sector's Leadership Deficit," a Bridgespan study, largely due to baby boomer retirement and overall sector growth. At the same time, nonprofits are under increasing pressure to demonstrate results, which is leading some to reach out for skills that business leaders might bring.
"Boomers are planning to work longer than their parents did, and millions want work that is meaningful, both personally and to society, but the transition isn't an easy one," says Marc Freedman, founder and CEO of Civic Ventures, a think tank focused on boomers and work. "This partnership between IBM and Bridgespan will provide a clear path from the end of a midlife career to an encore career for the greater good. It's a great service for employees and a model for other employers to follow."
IBM and Bridgespan's Bridgestar initiative will build a program and online platform to help IBM employees and retirees understand the transition into the nonprofit sector. The program will include access to tools and content that help users assess their readiness for the transition, identify potential opportunities and skills required, apply for available job opportunities with nonprofits, and receive mentoring. After the pilot with IBM, the tools and resources developed will be made available for other nonprofits and corporations to start similar initiatives.
"A balanced management team that combines the best in for profit management disciplines such as marketing, human resources, information technology, and finance with those with top expertise in social service management, program development, research, evaluation, fund development and nonprofit governance has enabled us to grow dramatically and deliver the best service," said Judy Vredenburgh, President and Chief Executive Officer of Big Brothers and Big Sisters. "As an organization that serves the welfare of children, it is important that we run it in the most effective and efficient way possible."
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