Speaking Out for Community Involvement
Our CEO’s letter in BusinessWeek tells how community, employees both benefit
Deloitte & Touche USA LLP's CEO James H. Quigley recently responded in a "letter to the editor" to a BusinessWeek article called "The Debate Over Doing Good." The original story discussed the controversy of whether corporations should place a strategic focus on corporate social responsibility and focused on volunteer service and philanthropy in particular.
The text of the letter, which appeared in the Sept. 12, 2005 issue, follows:
The Savvy Self-Interest of Doing Good
Re "The debate over doing good" (The Corporation, Aug. 15). One of our key stakeholders is our people, and one of the benefits of contributing to the community is that it helps employees develop leadership skills and business acumen. What we have seen at Deloitte & Touche, which is reinforced by a recent external survey we conducted, is that volunteering offers people a way to develop the required leadership skills needed while also making a contribution to society. The survey revealed a strong link between volunteering and professional success. Among other findings, the data showed that 86 percent of employed Americans believe volunteering can have a positive impact on their careers; 78 percent see volunteering as an opportunity to develop business skills, including decision-making, problem-solving, and negotiating. Community service matters.
James H. Quigley, CEO
Deloitte & Touche USA