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Contributors
- Cecilia Salazar, Talent Acquisition, Dell
- Gemma Jimenez, Talent Acquisition, Dell
- Laura Hansen-Kohls, Senior Manager, Info-Tech Research Group
- Derek Jaiko, Student Advisor, Cooperative Education, University of Waterloo
- Sarah Dawson, Team Coordinator and Career Counselor, Student Success Centre, Western University
- Craig Ingram, Associate Director & Career Advisor, Ivey School of Business
- Andrea Remark, Career Advisor, Ivey School of Business
- Stephanie Shrum, Career Advisor, Ivey School of Business
- Kyla Brooks, Career Advisor, Ivey School of Business
- Danielle Devries, Client Relations Associate, Ivey School of Business
- Helen Topor, Senior Vice President, Director of Human Resources, Salem Five Bank
- Brian Garside, IT Manager, Info-Tech Research Group
Your Challenge
- Internships are on the rise. Companies that face a shortage of skilled labor with key competencies use internships to build their employer brand and strengthen talent pipelines to high-value candidates. Meanwhile, prospective employees facing a difficult labor market covet internships as the means to gain work experience in a new field or industry.
Our Advice
Critical Insight
- A high-quality internship experience is one that maximizes shared value. Firms maximize shared value when they create economic value for themselves in a way that creates social value.
- The tangible business value of internship programs all hinges on ensuring that the intern has a positive experience. Design the program carefully, align organizational goals and learning objectives, and supervise the intern effectively to ensure a positive outcome.
Impact and Result
- Get the project done quickly and carefully by focusing on goals and outcomes. Internship programs fail when organizations are not clear about the goals of the program or its learning outcomes, and when they fail to mentor and supervise interns effectively.
- A successful program does not need to be time-consuming so long as key elements are in place. Internships that work have a clearly defined work-plan, a diligent recruiting process, and an effective framework for intern supervision and mentoring.
Guided Implementations
This guided implementation is a five call advisory process.
Call #1 - Make the case for the internship program
Make a concise case for the program. Understand how internships create shared value for businesses, interns, and communities. Assess whether you have the resources to support the program, and identify program goals and metrics.
Call #2 - Design an internship work plan
Identify potential projects, intern responsibilities, and learning experiences. Outline the learning outcomes that you expect the internship program to create, and identify relevant skills that internship candidates should exhibit.
Call #3 - Prepare and conduct interviews, and onboard interns effectively
Prepare a reliable recruitment process and job description, develop an onboarding plan, and prepare an onboarding survey.
Call #4 - Manage interns diligently to ensure the creation of shared value
Put in place a reasonable intern management plan that will improve your chances of success.
Call #5 - Transition effectively to assess the continued success of your program
Prepare an intern exit survey, and record lessons learned to improve the future success of the program.