The benefits of giving back in your professional development

Giving back can significantly enhance your professional development. While it benefits those around you, it also offers numerous personal growth opportunities. According to the National Council for Voluntary Organisations’ (NCVO) ‘Time Well Spent Survey’ most people get out of their volunteering what they hope or intend to when they first start. 

For example, 95% of those who cited ‘improving things/helping people’ as being among their biggest motivations for getting involved in volunteering agreed they were making a difference through their volunteering. 93% of those who stated that gaining skills was among their key reasons for getting involved and 82% of those looking to improve their career prospects agreed that they had benefited in these ways. As well as getting the benefits they intended, the data suggests that volunteers gain additional benefits and perhaps more unintended benefits from their volunteering. 

There is no doubt that volunteering can help you develop new skills, gain experience in a new industry and expand your network. Mentoring others can also enhance your leadership skills and improve your communication and problem-solving abilities.

Moreover, giving back can provide a profound sense of purpose and fulfillment in your career. When you contribute to your community or help others succeed, you witness the positive impact of your work, fostering a sense of pride in your accomplishments. This can help you maintain a positive attitude and stay motivated, even during challenging times.

How to identify the right opportunities for you to give back

Finding the right opportunities to give back will ensure your efforts are meaningful and aligned with your values. Start by identifying causes or organisations you are passionate about. Consider the skills and experience you can offer and seek opportunities where you can make a significant impact.

There are many ways to give back, from volunteering your time to donating money or resources. When considering volunteer opportunities, think about the skills you can bring to the table. For example, if you have a background in marketing, you may be able to help a non-profit with their promotional efforts. If you have experience in finance, you may be able to assist a small business with their accounting needs.

There are some fantastic resources online to help you find volunteering opportunities. The NCVO has a section on its website to help you find your local volunteering centres. A simple Google search of volunteering opportunities in ‘London’ for example can also yield many results.  

The importance of building relationships through reciprocation

One of the key benefits of giving back is the opportunity to build relationships with others in your industry or community. By volunteering or mentoring, you can connect with individuals who share your interests and values. These relationships can provide support, guidance and open doors to new career opportunities.

Reciprocation is a crucial aspect of building these relationships. When you help others succeed, they are more likely to help you in return. This can be as simple as offering to make an introduction or providing a recommendation. By demonstrating your willingness to assist others, you build trust and establish yourself as a reliable and valuable member of your network.

Utilising your network is a great tool here. 

The impact of giving back on your personal brand and reputation

Giving back can also positively impact your personal brand and reputation. When you are known for contributing to your community or helping others succeed, you position yourself as a leader and a positive influence in your industry. This can lead to new career opportunities, increased respect and recognition from your peers. In fact, 60% of consumers are more likely to do business with a company that has a strong personal brand according to Branding Strategy Insider and 57% of consumers say that they would pay more for a product or service from a company with a strong personal brand. 

Giving back can also help you differentiate yourself from others in your field and establish yourself as a thought leader or expert in your area of expertise.

Tips for incorporating reciprocation into your career strategy

If you’re interested in giving back but aren’t sure where to start, here are some strategies to help you incorporate reciprocation into your career strategy:

• Identify causes or organisations that align with your values and interests.
• Look for opportunities where you can make a meaningful impact using your skills and experience.
• Build relationships by volunteering, mentoring others, or attending industry events.
• Practice reciprocity by offering to help others and accepting help when it’s offered to you.
• Show gratitude by expressing appreciation for the opportunities and support you receive.

Examples of successful professionals who prioritise giving back

Many successful professionals prioritise giving back as a key component of their career strategy. For example, Oprah Winfrey is renowned for her philanthropic efforts, including the Oprah Winfrey Leadership Academy for Girls in South Africa. Similarly, Warren Buffett has pledged to donate the majority of his wealth to philanthropic organisations.

Closer to home, you may know professionals in your industry who prioritise giving back. For example, a colleague who volunteers as a mentor or a business owner who donates a portion of their profits to charity. These individuals serve as excellent examples of how giving back can benefit both your career and your community.

Incorporating giving back into your career strategy not only helps others but also accelerates your own professional growth. By volunteering, mentoring and practicing gratitude, you can build valuable relationships, enhance your skills, and establish yourself as a leader in your industry.