NEW DELHI, August 11, 2016 – Genpact (NYSE: G) stands for generating business impact. Genpact is a global leader in digitally-powered business process management and services, today announced the launch of the Genpact Social Impact Fellowship (GSIF) in partnership with EdelGive Foundation, the philanthropic division of Edelweiss Group. Designed as a one-year program to work on high-impact projects in India, Genpact has hand-picked seven fellows who will bring all their expertise in process excellence to work with NGOs for generating social impact.
“GSIF is a game-changing initiative. Our objective is to build lasting social organizations that can scale in the communities we are part of globally. Creating sustainable social impact has always been our focus. We bring our areas of strength and our capabilities to these social organizations that have a great vision, mission and passion, and when leveraged with our process expertise and execution experience sets them up to scale up,” said NV ‘Tiger’ Tyagarajan, President and CEO, Genpact.
Working in the area of education with NGOs like Teach for India, Kaivalya Education Foundation and Udayan Care will be seven fellows, including a senior resource with advanced quality certification to improve process capability and help design smarter solutions. They will be deployed on projects ranging from improving instructional hours in government schools to creating blueprints for scaling up a scholarship and mentoring program for meritorious but underprivileged girls.
With mentorship from top leaders all through the journey, fellows will work on the ground to solve for the respective NGOs’ challenges and increase the efficiency and effectiveness of their projects. “The ability to make a meaningful impact on the not-for-profit sector without a dent on your corporate career is what is truly special about GSIF. We have many examples at Genpact of process expertise making immense impact on companies. We’re committed to the idea of using our core competencies as an organization to make a real difference to the social sector,” said Sasha Sanyal, SVP – Strategy and Lean Digital Transformation, Genpact.
Having received over a hundred applications from talented and passionate people belonging to various organizations, the pilot batch was put together as a collaborative exercise between Genpact and EdelGive Foundation. “Traditionally, organizations in the social sector have had to face challenges not only around funding, but also around scaling up and organization development. The Genpact Social Impact Fellowship was conceptualized to provide such much needed support by combining the philanthropic expertise of EdelGive with Genpact’s Lean Six Sigma proficiency,” said Naghma Mulla, COO, EdelGive Foundation.
The open fellowship program invites applications from interested people from all backgrounds with a demonstrated passion for social impact. Genpact aims to develop GSIF into a successful, scalable program that can serve as a model for many other organizations wanting to make a lasting difference in the social sector.