Published 06-06-08
Submitted by Deloitte
NEW YORK,NY,. - June 6, 2008 - Today, tens of thousands of Deloitte employees are setting aside their regular work and contributing their time and business skills to local nonprofits for the organization's ninth annual IMPACT Day, a one-day celebration of its year-round commitment to workplace volunteerism. Deloitte's 40,000+ people are encouraged to engage in a variety of volunteer projects, many of which involve the contribution of their business skills and experience to help nonprofits deal with strategic, operational and financial business challenges.
"While so many nonprofits have sophisticated social missions and programs, they often struggle with the same business challenges as for-profit companies," said Barry Salzberg, chief executive officer, Deloitte LLP. "We believe that the most valuable resource we can contribute to nonprofits is the one we offer our clients everyday - our intellectual capital and business knowledge. Helping nonprofits to become stronger organizations is the most lasting contribution we can make to our local communities."
IMPACT in Action
On IMPACT Day, Deloitte volunteers will participate in more than 700 projects in more than 70 different communities nationwide. Some of these are one-day projects, while many others are kick-off celebrations or continuations of longer-term endeavors.
In more than a dozen cities across the country, Deloitte will turn its offices "inside out" for the day by inviting nonprofit leaders in to participate in a wide variety of business-related workshops and seminars. These centralized events create significant value for multiple nonprofit organizations at once by providing education and training on critical business management topics such as leadership, financial management, business continuity planning and talent management. For example:
"The primary goal of corporate community involvement is to make a positive social impact on the community," said Evan Hochberg, national director of community involvement, Deloitte Services LP. "However, corporate community involvement is not just 'the right thing to do.' It can be a powerful strategic driver of employee development and business value, while it strengthens our communities. When integrated with business strategy, it's an approach that has multiple benefits."
Through the Volunteer IMPACT Research Series, now in its fifth year, Deloitte advocates that the broader business community explore new ways of thinking about leveraging corporate community involvement to create meaningful social change and business value. The 2008 Volunteer IMPACT survey found skills-based volunteering is a powerful, yet underutilized talent development tool. According to the research, 91 percent of HR professionals agree that skills-based volunteering would add value to training and development programs, yet only 16 percent make it a regular practice to intentionally offer these opportunities for employee development, suggesting a missed opportunity to boost learning in a way that offers substantial benefits.
To further encourage businesses and individuals to actively explore skills-based volunteerism, Deloitte is releasing a series of actionable tips and key considerations on contributing knowledge and expertise to strengthen the nonprofit community. This new resource is available for download at www.deloitte.com. Deloitte's world-class community involvement program is part of the organization’s strong commitment to corporate responsibility.
About Deloitte
As used in this document, "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" 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.
Corporate Responsibility at Deloitte starts with the shared values that form the foundation of our culture: integrity, outstanding value to markets and clients, commitment to each other, and strength from cultural diversity. The focus areas that make up Corporate Responsibility at Deloitte include Ethics & Compliance, Talent, Community Involvement, Sustainability, Internal Operations, as well as the services we provide clients.
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
More from Deloitte