four steps to a world-class internship program

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Four Steps to a World- Class Internship Program Presented By: Emily Bennington Signature Advice From Companies That Are Getting it Right The Webinar Will Begin Shortly If you cannot hear music, or the presenter to today's webinar, please use our toll-free call in number. Number: 888-469-1348 Pass code: 2940000

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Want to ensure your business is getting the MOST from your internship program? OR are you trying to get a program off the ground but not sure where to start? You’ve come to the right place. In this jam-packed, 1-hour webinar Emily Bennington, coauthor of Effective Immediately: How to Fit In, Stand Out, and Move Up at Your First Real Job, will dive in to the specifics of what makes internships successful and what you must do to produce a bottom-line return for your organization.You’ll learn best practices from the biggest names in business, including measurable ways to: * Structure your program * Find your future rock stars * Onboard effectively * Keep interns engaged * Evaluate your success If you are relying on internships to recruit new grads (or plan to in the future), this webinar is a must-attend!

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Page 1: Four Steps to a World-Class Internship Program

Four Steps to a World-Class Internship ProgramFour Steps to a World-Class Internship Program

Presented By:

Emily Bennington

Signature Advice From Companies That Are Getting it RightSignature Advice From Companies That Are Getting it Right

The Webinar Will Begin Shortly

If you cannot hear music, or the presenter to today's webinar, please use our toll-free call in number.

Number:

888-469-1348 Pass code: 2940000

Page 2: Four Steps to a World-Class Internship Program
Page 3: Four Steps to a World-Class Internship Program

Why do we need interns

anyway?

Page 4: Four Steps to a World-Class Internship Program

The Breakeven Point

Source: Michael Watkins, The First 90 Days

Page 5: Four Steps to a World-Class Internship Program

Companies need people who can hit the ground running from day one.

Page 6: Four Steps to a World-Class Internship Program

The BUSINESS CASE for Internships

1. Constant pipeline of new talent.

2. Audition new staff without too many strings attached.

3. Former interns “break even” faster.

Page 7: Four Steps to a World-Class Internship Program
Page 8: Four Steps to a World-Class Internship Program

World-Class Internship Tip #1:

Be a Freak About Structure

World-Class Internship Tip #1:

Be a Freak About Structure

Page 9: Four Steps to a World-Class Internship Program

When it comes to focus…

…some companies really get it. …some companies sort of get it.

Page 10: Four Steps to a World-Class Internship Program

..and some companies DON’T get it!

Page 11: Four Steps to a World-Class Internship Program

The difference is in the planning.

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Create Success Metrics

These could include:

- # of FTEs (Conversion rate)

- # of interns needed and admission requirements (e.g. minimum GPA, extracurricular activities, etc.)

- # of projects completed / learning objectives

- # of Campus Ambassadors

- # of articles written (PR coverage)

- # of community service initiatives

- # of potential hires in the pipeline (e.g. creating the “bench”)

Page 13: Four Steps to a World-Class Internship Program

“You have to keep going back to those original metrics. Otherwise, how will you know if your program is succeeding?”

John FlatoPresident, Campus Strategic Partners

Page 14: Four Steps to a World-Class Internship Program

“Aim small. Miss small.”

Page 15: Four Steps to a World-Class Internship Program
Page 16: Four Steps to a World-Class Internship Program
Page 17: Four Steps to a World-Class Internship Program

Give Them REAL Work

Page 18: Four Steps to a World-Class Internship Program

“In the past, I think businesses were less strategic about their interns. But for us it’s never been about bringing a bunch of college kids in to make copies and coffee. We consider the program an 8-week job interview.”

Rick SlaterManaging Member, Dixon Hughes

Page 19: Four Steps to a World-Class Internship Program

Yes, all internships have grunt work,

but…

Page 20: Four Steps to a World-Class Internship Program

If your interns are on full-time copy and coffee duty, how can you evaluate their true potential?

Page 21: Four Steps to a World-Class Internship Program

Even if you don’t trust interns with clients yet, you

still need to find ways to gauge their ability to think

critically.

Page 22: Four Steps to a World-Class Internship Program

- Assign someone in your office the role of “internship manager”

- Build in a few social activities

- Consider a volunteer project

- Introduce them to your clients

- Obtain evaluations from multiple supervisors

- Require a Friday Update

STRUCTURE: Additional Best Practices

Page 23: Four Steps to a World-Class Internship Program

World-Class Internship Tip #2

Be Super Smart About Recruiting

World-Class Internship Tip #2

Be Super Smart About Recruiting

Page 24: Four Steps to a World-Class Internship Program

No one likes to make a bad hire...

Page 25: Four Steps to a World-Class Internship Program

You can trust me, I promise.

…and it’s hard to get an idea of a candidate’s “fit” from a 20-minute interview.

Page 26: Four Steps to a World-Class Internship Program

Bad hires are bad for business.

Page 27: Four Steps to a World-Class Internship Program

So, How Do You Find Good Hires?

Page 28: Four Steps to a World-Class Internship Program

When it comes to recruiting..

You can get with this.

And you can get with that.

Page 29: Four Steps to a World-Class Internship Program

I know people who know

people who know people.

Page 30: Four Steps to a World-Class Internship Program

We Career Fairs

Page 31: Four Steps to a World-Class Internship Program

“Giving students job descriptions has been a very powerful recruiting tool because it allows them to make internship decisions based on the actual work they will be doing.”

Jim McGrath Manager of Global Staffing/University Relations Cisco Systems

Page 32: Four Steps to a World-Class Internship Program

Also, bring recruits to your office to interview with additional staff members.

“I’m Teresa.”“I’m Teresa.”

“I’m John.”“I’m John.” “I’m Rich.”“I’m Rich.” “I’m Mike.”“I’m Mike.”“I’m Ellen.”“I’m Ellen.”

Page 33: Four Steps to a World-Class Internship Program

Use Current Interns in Your Recruiting

Page 34: Four Steps to a World-Class Internship Program

World-Class Internship Tip #3

ONBOARD!

World-Class Internship Tip #3

ONBOARD!

Page 35: Four Steps to a World-Class Internship Program

What’s the first thing that comes to mind

when I say

orientation?

Page 36: Four Steps to a World-Class Internship Program
Page 37: Four Steps to a World-Class Internship Program

“The best and brightest give weight… to the company’s plan for them during their first year on the job and beyond. Even during hard times, these recruits are thinking beyond the first 30 days and focusing instead on what employers can do to address their long-term aspirations.”

Mark A. Stein and Lilith ChristiansenKaiser Associates

Page 38: Four Steps to a World-Class Internship Program

You’ve got a lot invested in

recruiting, so don’t stop short

of the goal!

Page 39: Four Steps to a World-Class Internship Program

Meet Carly Meet Carly On her first day as an intern at Widgets, Inc., Carly received:

A parking pass

A cup of coffee

An elevator badge

A tour of the office

Free reign of the supply closet

A laptop

A “brain dump” from a host of colleagues on everything from last year’s sales to this year’s holiday party.

A partridge in a pear tree. (Well, not really.)

Page 40: Four Steps to a World-Class Internship Program

AFTER THAT, THEY LEFT HER AFTER THAT, THEY LEFT HER ALONE TO FIGURE ALONE TO FIGURE EVERYTHING EVERYTHING

ELSEELSE OUT FOR HERSELF! OUT FOR HERSELF!

Page 41: Four Steps to a World-Class Internship Program

Sound familiar? Sound familiar?

So why are we surprised when the US Bureau of Labor

Statistics estimates the average worker will have between 10–15 jobs in a

lifetime?!?!

Page 42: Four Steps to a World-Class Internship Program

Train your people, Train your people, people!people!

Page 43: Four Steps to a World-Class Internship Program

(Very funny.)

Page 44: Four Steps to a World-Class Internship Program

Let’s talk about onboarding.

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Onboarding vs. Orientation

Onboarding Orientation

Highest levels of leadership Single department only

Strategic Compliant

Dialogue Monologue

Ongoing One-shot

System of accountability No follow-up

Addresses employee’s career planning needs

Addresses company needs only

Page 46: Four Steps to a World-Class Internship Program

Ideas to make onboarding fun Ideas to make onboarding fun Icebreakers

Professionalism 101 training / role play

Q&A with top leadership at your company

Q&A with top clients

Make THEM give a presentation

Find ways for them to “experience” what you do

End with dinner or other social outing. No business allowed!

Page 47: Four Steps to a World-Class Internship Program

Onboarding Resources

OnboardingMargin.com Emily Bennington, College to Career Expert

Page 48: Four Steps to a World-Class Internship Program

“Only take on interns if you are fully willing to invest the amount of time it takes to welcome, train, assist, mentor, teach, and evaluate them to make the experience valuable, rewarding, and positive.”

Monster College survey participant

Page 49: Four Steps to a World-Class Internship Program

World-Class Internship Tip #4

Keep In Touch!

World-Class Internship Tip #4

Keep In Touch!

Page 50: Four Steps to a World-Class Internship Program

Surveys / Exit Interviews

Page 51: Four Steps to a World-Class Internship Program

Exit Survey Success: Qualcomm

Software giant Qualcomm found that housing was a huge issue for interns since finding short-term residence can be expensive and problematic.

Their Solution?

Pay 100% of intern housing costs!

Page 52: Four Steps to a World-Class Internship Program

Eureka!

Page 53: Four Steps to a World-Class Internship Program

“From 2007-2008, we had a 41% increase in intern rollovers resulting in 100 new grads that came from our intern program rather than on-campus recruiting. This increased conversion saved the company $550,000 after factoring in the costs of the housing program.”

Adam WardRecruiting Director, Qualcomm

Page 54: Four Steps to a World-Class Internship Program

Ideas to Stay EngagedIdeas to Stay Engaged• SEND “Finals Week” care packages

• ASSIGN a key member of your staff to keep in touch

• INVITE recruits to company parties / activities

• MAIL them your newsletters and announcements

• REACH out to them over Facebook, Twitter, and LinkedIn

Page 55: Four Steps to a World-Class Internship Program

Stay connected or risk losing key

recruits to other companies!

Page 56: Four Steps to a World-Class Internship Program

Key Takeaways

1. Know your BENCHMARKS If you aim at nothing you’ll hit it every time.

1. Know your BENCHMARKS If you aim at nothing you’ll hit it every time.

2. Give interns REAL work to do. “It doesn’t scare me to have interns making coffee. What scares me is when that’s all they do.” – Lauren Berger, Intern Queen

3. Recruit with PURPOSE.

4. GET familiar with ONBOARDING.

5. Keep in TOUCH.

Page 57: Four Steps to a World-Class Internship Program

Oh yeah, DO NOT turn

your internship program into a competition!

Page 58: Four Steps to a World-Class Internship Program

“We take for granted that students should know how to dress and behave at work. But, like it or not, this is often the experience that will teach them to know better.”

Ross Herosian

SIRUS XM

Final Thoughts….Final Thoughts….

Page 59: Four Steps to a World-Class Internship Program

ProfessionalStudio365.com@EmilyBennington

[email protected]