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Fidelity Investments partnership with schools - Case Study Example

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This essay describes the partnership between Fidelity Investments and Citizen Schools is an exemplary case for corporate philanthropy. Evidence for corporate philanthropy. An evidence for contributions of cash as a kind of corporate philanthropy is the statement that since 1998…
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Fidelity Investments partnership with schools

One of the benefits accruing from Fidelity Investments’ partnership with Citizen Schools is the improvement of its employees’ team building skills. Another benefit is that the partnership enabled majority of Fidelity employees who participated in the apprenticeship exercise to improve their public speaking, communication, and presentation skills. Through participation in the program, both the employees and the entire Fidelity Investments Company got fulfillment for influencing vulnerable students positively. The partnership helped Fidelity Investments employees develop and others to sharpen their leadership skills. It was beneficial for some Fidelity executives to sit in the schools’ top decision-making body, the leadership board (Discussion Case: Fidelity Investments’ Partnership with Citizen Schools 424). Lastly, offering apprenticeship services for the areas in which they were experts made Fidelity employees feel relevant in the real life and might have helped them reflect on how much they knew. A risk with this partnership is the overworking of Fidelity employees or disruption of work schedules. Fidelity employees could be overworked because they worked both in their company and in the Citizen Schools teaching. Work schedule might have needed modification in order to accommodate time for Fidelity employees to teach at Citizen Schools. The two-way flow of benefits between Fidelity Investments and Citizen Schools is one of the things that qualify the partnership as an example of strategic philanthropy. This is because the partnership helped improve Fidelity employees’ skills while benefitting Citizen Schools with labor from these employees. Secondly, the partnership helped build higher profiles for both Citizen Schools and Fidelity Investments.  ... Read More
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