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CEO James H. Quigley of Deloitte & Touche USA LLP Says Community Involvement is Good for Business

CEO James H. Quigley of Deloitte & Touche USA LLP Says Community Involvement is Good for Business

Published 07-28-04

Submitted by Deloitte

NEW YORK - CEO James H. Quigley of Deloitte & Touche USA LLP outlined the business benefits of creating a culture of community service to an audience of corporate grant makers attending The Conference Board's Thirteenth Annual Corporate Community Involvement Conference.

Participating in a panel titled "Why the Company Cares," Quigley told the community involvement leaders, "A corporate culture that focuses on supporting the community reinforces company values; it is important to understand that it's not only the right thing to do, it's good for business and supports growth."

Commitment to the community provides key benefits, he said. "Community involvement, whether demonstrated by employee volunteerism, philanthropy or fundraising efforts, enables a company to have a meaningful impact on society, build business relationships, attract talent, improve employee retention, and provide skill-building and networking opportunities."

Quigley said, "We believe community involvement provides an opportunity to make a difference, connect with colleagues and forge new relationships."

He advised community involvement professionals, "Mobilize people inside your companies to champion the value of community involvement so you have an army behind you. Leadership will listen when you can demonstrate a groundswell of support for your programs."

Quigley also suggested that frequent employee communication is critical to success. "Find compelling ways to tell your community involvement story so that employees are excited and want to participate."

He further observed that active presence in the community acts as a magnet that attracts talent. Citing the 2002 Cone Corporate Citizenship Study, Quigley noted that 77 percent of respondents said a company's commitment to social issues is important in deciding where they will work.

"Our people expect the firm to be involved, and it's one of the reasons they stay. It's also an outstanding way to develop and build leadership skills," he said.

At Deloitte, strategic community involvement activities include its $1 million collaboration with Junior Achievement to produce "Excellence through Ethics," a business ethics curriculum that reaches more than 20,000 schools across the United States. More than 800 Deloitte employees volunteer in classrooms and 40 of them serve on Junior Achievement boards. Deloitte was presented with the US Chamber of Commerce Center for Corporate Citizenship's Citizenship in Action award in connection with the firm's decision to champion early ethics education.

In addition, on October 8, 2004, Deloitte will celebrate "IMPACT Day," an annual day of volunteer service. The nearly 30,000 Deloitte employees across the United States will be encouraged to set aside their work for the day to volunteer with non-profit organizations in their communities.

About Deloitte

Deloitte, one of the nation's leading professional services firms, provides audit, tax, financial advisory services and consulting through nearly 30,000 people in more than 80 U.S. cities. Known as an employer of choice for innovative human resources programs, the firm is dedicated to helping its clients and its people excel. "Deloitte" refers to the associated partnerships of Deloitte & Touche USA LLP (Deloitte & Touche LLP and Deloitte Consulting LLP) and subsidiaries. Deloitte & Touche LLP is the U.S. member firm of Deloitte Touche Tohmatsu. For more information, please visit Deloitte's Web site at www.deloitte.com/us.

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"Deloitte" is the brand under which 165,000 dedicated professionals in independent firms throughout the world collaborate to provide audit, consulting, financial advisory, risk management, and tax services to selected clients. These firms are members of Deloitte Touche Tohmatsu ("DTT"), a Swiss Verein. In the United States, Deloitte LLP is the member firm of DTT. Like DTT, Deloitte LLP does not provide services to clients. Instead, services are primarily provided by the subsidiaries of Deloitte LLP, including Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP and Deloitte Tax LLP.

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As used in this profile, "Deloitte" means Deloitte LLP. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Deloitte.com

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