Talent

In his book Tribes, Seth Godin discusses how change is best effected by a group of like-minded individuals united around a powerful idea. Acumen Fund was founded on such an idea: we believe that Patient Capital has the power to build a world beyond poverty. However, we need your help to realize this vision.

Introducing Acumen Fund’s Online Community – the place online to connect with people from all around the world who are excited about supporting Acumen Fund’s vision and mission. Started in October 2009, the Online Community is integral to Acumen Fund’s Community engagement efforts.

Here’re a few things you can do on with the Online Community:

Connect with over 2,688 members (and counting) from 108 countries, across dozens of interest groups who are passionate about the idea of Patient Capital.

Learn about Acumen Fund and social enterprise through multimedia and discussion forums with Acumen Fund staff.

Contribute to our cause by attending and organizing local events to raise awareness and donations for Acumen Fund.

The Online Community has something for you, regardless of your background:

Students: Learn how you can bring Patient Capital to your campus through our Campuses for Social Enterprise Group and Student Resources page.

Professionals: It doesn’t matter if you’re a banker, policy junkie, advertising guru, or activist. You and your peers can get involved with our work. Join an Official Chapter in New York or San Francisco, or one of our Seed Chapters in London, Dubai, D.C., Chicago, Los Angeles, Toronto, Vancouver, or Boston. You can search for other groups based on interest or geography here.

Blue Sweater Fans: The Blue Sweater is the inspiring memoir of Jacqueline Novogratz, Acumen Fund’s Founder & CEO. It chronicles her journey from Wall Street to the slums of Africa in an effort to understand global poverty, and tells the story of how Acumen Fund and “Patient Capital” came to be. Our Community site contains a wealth of resources about the book, including the Blue Sweater fan group, reader resources, information about how to help, and how to get the book.

Patient Capital Enthusiasts: If you have the passion & commitment to help support Acumen Fund’s work in some way or form, you can be sure that our staff will invest in supporting you.

Increasingly, we’re seeing the power of communities to contribute to our mission. Last July, the Young Professionals for Acumen New York Chapter (now New York for Acumen) raised $25,000 for Acumen Fund in a single night. This January, residents of local slums in Nairobi, Kenya, organized a “Super Book Club” reading of The Blue Sweater which attracted more than 90 individuals to meet Jacqueline Novogratz in person. All around the world, people are giving their time, money and effort to bring the power of Patient Capital to bear on poverty.

This is our invitation to you to help lead us. Be a part of our Community today.

Acumen Fund is seeking talented, passionate individuals for a few open positions. Complete job descriptions in PDF form can be found on the Work with Acumen page of the website.

The Manager of Portfolio Performance Management will directly oversee Acumen Fund’s post-investment management processes, from assessing the needs of our portfolio companies to designing the most appropriate strategy considering available best-practices and our unique market in addition. The Manager will also be expected to build a successful performance management capability in a fast-changing and entrepreneurial environment. Our ideal candidate is not only deeply committed to our mission and business model but equipped with 8-10 years of work experience in management consulting, private equity, venture capital, start up businesses, or a related area. This is a global role which will require the hire be based in one of our global offices and travel frequently to our investment regions.

The East Africa Portfolio Manager will be directly responsible for managing current investments in the Water and Sanitation portfolio in East Africa and developing future investments in the sector. S/he will also manage compliance and operations of the Acumen Fund East Africa office. S/he will be expected to play a significant role globally, helping to build on the existing water and sanitation expertise in the organization. Our ideal candidate is not only deeply committed to our mission and business model but equipped with 7 – 10 years of principal investing experience in the water sector.

The India Portfolio Manager will be directly responsible for (1) managing the healthcare portfolio in India, including current investments and the development of future investments in the sector and (2) managing compliance and operations of the Acumen Fund India office. S/he will also be expected to play a significant role globally, helping to build on the existing healthcare expertise in the organization. Our ideal candidate is not only deeply committed to our mission and business model but equipped with 7 – 10 years of principal investing experience in the healthcare sector.

If you or someone you know is interested in these positions, please visit the site to learn more.

Last week Blair and I interviewed current and previous participants of seven different fellowship programs. The process was very exciting — thank you to everyone who participated in the interviews!

One thing that became evident from our conversations is that programs approach leadership development in very different ways. Some programs are more “outward” focused, exposing individuals to a network of leaders with whom they can have conversations about their personal leadership experience. With this approach, the regularity with which participants access the network and whether they involve the cohort in processing the lessons learned is highly dependent on individual motivation. Programs like Ashoka, White House Fellows and Synergos Arab World Social Innovators, which use the “outward” approach, are great at connecting individuals and building large networks of program supporters.

“The strength of the White House Fellows program is the ability to give people the opportunity to get access to powerful people in government making important decisions on so many different dimensions and gain a sense of what it takes to create change”- Sunil Garg, White House Fellow

A second approach to leadership is what we are calling an “inward” approach where discussions about leadership happen mostly within the cohort. This type of program combines a number of activities and experiences asking the participants to spend time reflecting on their own leadership style, assessing their role as leaders in the world and obtaining feedback from their peers. Examples of this category of fellowship programs are Acumen Fund, Henry Crown and Coro. Some characteristics that make the “inward” approach programs unique are:

Length and intensity of interaction: Program duration is of a year or less if full-time and up to two years if fellowship is incremental. In either case, participants come together as a cohort frequently. For example, Acumen Fund Fellows come together as a cohort for 6-8 weeks at the beginning of the one-year program, two more times during their 10-month international field placement and three weeks at the end of the program. Of shorter duration but similar intensity are the four-day seminars where Henry Crown Fellows come together from across the country to engage in discussions and feedback sessions about leadership.
Experiential and peer learning- Participants learn about leadership from reflecting with their peers on their own experiences at their work setting or temporary placements. Coro Fellows interact with their cohort on a weekly basis during full-day seminars where participants share their experience in their placements and debrief collectively.

“This is the only experience set up to learn from your peers. The primary purpose is to understand what are the principles and values under which good team work happens and the role of leadership within that”- Dileepan Siva, Coro Fellow

Creation of a safe space: Interviewees agree that one of the most powerful experiences for personal growth and for becoming more self-aware leaders is the opportunity to speak openly about personal challenges and receive feedback from peers. They find that to engage in this rewarding exercise they need to reach a level of comfort. This is achieved only when they feel they are in a “safe space” where they can share their experiences with people they trust and where they will not be judged or measured. Most of the interviewees have found this rare and valuable space only with their cohort of fellows.

“When you talk about leadership it is kind of a personal thing therefore to seek out and be open to feedback it is important to have a good bond with people, feel protected and safe.”- Chris Walker, Acumen Fund Fellow

Interestingly, most of the interviewees shared that they have found this rare and valuable “safe space” only with their cohort of fellows.

Next week we will share with you insights as to how the cohort experience has impacted the leadership development journey of our interviewees.

In the meantime, what do you think of these two leadership development approaches?

Based on some feedback from our readers, Nicole and I are going to change tack a little. We have had conversations on and offline about the value of our blog series, and it seems as though we are becoming a little too didactic (fair argument). So as a result, we have decided to take your advice and focus on something a little more practical. For the next series of posts, we are going to conduct interviews of participants from top leadership development programs, including: Coro, Henry Crown, Ashoka, the White House Fellows, GE’s leadership development program and others. During these conversations, we will discuss the variables in which each program excels.

The reason for the new approach are threefold. First, we want to move from theory to practice and allow you all to get a sense of what is working and more importantly who is making it work. Second, we want to begin a conversation with practitioners of leadership development programs so that we can learn from others’ best practices and methodologies. And finally, we want all of you to learn more about the fantastic leadership development programs out there so you can apply to them and strengthen your leadership skills.

Also, if you think you have an amazing program that should appear on the blog, please reach out to Nicole (norillac@acumenfund.org) or myself (bmiller@acumenfund.org) with the reason you think your program is unique - we would love to interview you..

So with that, here we go…This week we are going to interview someone from Ashoka, so stay tuned! We look forward to your comments!

The Acumen Fund Communications team is currently looking for a volunteer to write, edit and manage content on two of our key online properties – the Acumen Fund blog and website. This is a 3-month, full-time volunteer position. The volunteer will be expected to work out of Acumen Fund’s New York office.

The Communications Volunteer will be a key member of Acumen Fund’s communications team, working with Acumen Fund staff (across functions and geographies) to ensure timely, accurate, compelling content on the website and blog, and to support internal knowledge building. This is an unpaid position, but you’ll learn a lot about the sector as well as the inner workings of Acumen Fund and have the opportunity to share your words with the ever-expanding Acumen Fund community.

The ideal candidate will have a facility for the written word (and for the technology needed to share such words), as well as a passion for Acumen Fund’s vision and mission.

Click here for the full position description. Apply by sending a cover letter and resume to mtada@acumenfund.org. Please include the job title “Communications Volunteer” in the subject line. Deadline for applications is 5:00pm EST September 30.

Acumen Fund India is seeking a new Portfolio Manager to support our health work. The PDF version of the job description can be found here: India Portfolio Manager or on the Work with Acumen page.

The India Portfolio Manager will be directly responsible for (1) managing the healthcare portfolio in India, including current investments and the development of future investments in the sector and (2) managing compliance and operations of the Acumen Fund India office. S/he will also be expected to play a significant role globally, helping to build on the existing healthcare expertise in the organization.

Our ideal candidate is not only deeply committed to our mission and business model but equipped with 7 – 10 years of principal investing experience in the healthcare sector.

If you or someone you know is interested in the position, please visit the site to learn more.