Business Careers Handbook

Page 48

46

COMMUNITY SECTOR

The Business Careers Handbook 2020

Community sector

Overview The Australian community sector – sometimes referred to as the not-for-profit sector, third sector or social sector – encompasses a variety of organisations that are neither commercial nor governmental. These organisations pursue a range of charitable purposes through service delivery, grant making and other activities, which advance health, justice, education, social welfare and religion. In Australia, the community sector is highly fragmented. Indeed, there are almost 55,000 registered charities according to the Australian Charities and Not-for-profits Commission (ACNC). These can range from global charities such as the Red Cross, Oxfam, ChildFund or Amnesty International to Australia-specific organisations such as Starlight Children’s Foundation and The Smith Family, to much smaller and less well known organisations.

usually very competitive organisations to get into and typically prefer experienced hires instead of graduates. Other community organisations do not typically have the scale – or funds – to run official graduate programs. However, this doesn’t mean they are not interested in hiring graduates. If you are interested in a specific organisation, it is worth reaching out to them directly and asking about job availability. Another way to gain experience in the community sector is by volunteering and getting to know the people involved in an organisation, so you are ‘front of mind’ when they are looking to hire. Often entry into the community sector is via word of mouth, although jobs can be advertised through more official means. Again, this is more likely in larger community organisations than smaller ones.

All of these organisations essentially have the requirements of a typical business. While they may have a core service, such as community outreach, they still need the usual support functions such as marketing, accounting, operations and supply chain. As such, the community sector is always looking for talented individuals with business skills.

Alternatively, if you would like to contribute to the community sector without necessarily committing to it, you might research organisations that have a corporate social responsibility (CSR) program. There may also be some professional services or advisory firms that run official pro-bono programs or at least have pro-bono clients.

Entering the community sector Given the breadth of the community sector and the issues with which the community sector deals, the first step to finding an entry point is figuring out which social challenges you’re most passionate about.

There are also some pockets of more commercial organisations with a social purpose focus. For example, Social Ventures Australia (SVA) is a management consulting firm, which focuses on solving social challenges. SVA is known for hiring experienced consultants from top-tier organisations such as McKinsey, who want to use their skills for good.

For example, if you are interested in international development and aid, you may gravitate towards working for an organisation such as the International Monetary Fund (IMF) or World Bank. If you are passionate about addressing homelessness, disadvantaged youth or violence against women, you may find it more fulfilling to work for an advocacy group. The competitiveness on entering the community sector very much depends on the type of organisation. International development organisations such as the IMF or World Bank are considered highly prestigious organisations with high impact. As such, these are www.gradaustralia.com.au

While not prevalent yet, we are also seeing the rise of investment funds, often known as ‘green funds’, which focus on investing in companies that are deemed socially responsible. This may be another nontraditional way of becoming involved in the community sector. What’s involved Your day-to-day work at a community organisation will very much depend on your specialisation. For example, if you are a marketer, you will focus on promoting your organisation and developing and managing


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Articles inside

Maintaining mental health

2min
pages 130-132

Establishing strong professional relationships

5min
pages 126-127

Handling performance reviews

3min
page 125

Learning how to resign

1min
page 129

Managing your time

3min
page 128

Managing social media

3min
pages 121-123

What to expect at an assessment centre

2min
page 119

Understanding probation

3min
page 124

Getting an offer

2min
page 120

How to ace an interview

3min
page 118

Writing a CV and cover letter

7min
pages 114-115

Sample cover letter

4min
pages 116-117

Researching and choosing the right organisation

6min
pages 112-113

The ultimate career readiness checklist

6min
pages 110-111

Professional services

47min
pages 88-109

In-house and corporate

51min
pages 66-87

Government sector

30min
pages 54-65

Freelance and start-ups

6min
pages 52-53

Community sector

8min
pages 48-51

Academia

5min
pages 46-47

Restructuring and insolvency

3min
page 42

Tax advisory

3min
pages 44-45

Management consulting – operations, process and technology

3min
page 40

Insurance

3min
page 39

Risk management

3min
page 43

Management consulting – strategy

3min
page 41

Forensic accounting

3min
page 38

Economics

3min
page 37

Assurance and audit

3min
page 36

Financial planning

3min
page 34

Funds management

3min
page 30

Hedge funds

3min
page 31

Venture capital

3min
page 33

Operations and supply chain

3min
page 27

Private equity

3min
page 32

Sales and customer service

3min
page 28

Marketing

3min
page 26

Innovation and digital

3min
page 25

Human resources

3min
page 24

Communications and public relations

3min
page 23

Accounting

3min
page 22

M&A and capital markets

3min
page 17

Trading

3min
pages 19-20

Corporate and institutional banking

3min
page 16

Corporate and asset finance

3min
page 15

Business banking

3min
page 14

Introduction

1min
pages 4-5

Retail banking

3min
page 18
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