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Societal Impact Imperative

Disrupt the conversation — and collaborate to create innovative solutions

Big societal issues – poverty, education, human rights, health & safety, security, environment – demand our attention. Fortunately, more and more voices are disrupting outdated and divisive debates and steering the conversation toward a mutual societal impact imperative, in which all organizations have an obligation to make a positive impact on society by cooperatively working together to create solutions for the most pressing issues. Further, each player stands to benefit from its activism because these partnerships create mutual advantages.

The beauty of many solutions is that sometimes, all they require is a fresh way of looking at the problem.

Collaboration
Education
Measurement

Traditional business models and methodologies won't cut it any longer. We need unconventional, sometimes counterintuitive, approaches that will enable players, who haven't typically collaborated, to identify, to structure and to manage their partnerships, while also solving societal challenges and developing the resulting solutions.

The Millennial Survey 2014: Big demands and high expectations Deloitte's third annual Millennial Survey explores what Generation Y wants from Business, Government, and the future workplace. Intrigued? Read what the results revealed. Multirational multinationals: The shifting business ethos A growing number of influential companies are adopting the position that business should no longer cede the solving of social problems solely to government and nonprofits. Learn more. Business Trends 2014: Business and social impact Business Trends examines eight emerging forces that are influencing how organizations think about their strategies. Each trend delivers new insights on some of the most important issues facing businesses today.Introduction: The age of the solution economy By erasing boundaries between the public and private sectors, the solution economy has the potential to unlock trillions of dollars in social benefit and commercial value. Learn more. On public-private partnerships: A conversation with Ambassador Elizabeth Frawley Bagley Learn how citizens are creating an atmosphere of transparency and accountability that goes well beyond traditional notions of corporate social responsibility. Government and the publicly accountable enterprise: How citizens are defining the next age of intervention While leading corporations understand the value of marketing through social media, the phenomenon comes with a price: The light of transparency has never been brighter nor has the tolerance for misinformation ever been lower. Read how elected governments, global CEOs and iconic brands also face this new reality: Citizens are defining the next age of intervention and setting new standards for public accountability. The responsible and sustainable board Stressful times force hard decisions, but decisions made under duress are not always the most prudent, and things that may appear expendable during the heat of the moment may actually prove essential upon a more cool-headed examination. Read more. Partnerships for the future Public-private partnerships have existed in the US for at least 200 years, but the increasingly complex nature of our national challenges, along with recent shifts in economic and social forces, are creating incentives for government and business to collaborate more frequently and in new ways that go well beyond traditional infrastructure. The definition of partnerships is changing. Read more.

Education is one area especially prime to benefit from partnerships that revolutionize how, where, and when we learn. Meanwhile, creative alliances focused on issues ranging from veterans support to public health are also producing exciting results.

MOOCs teach corporations about new opportunities Massive online open courses (MOOCs) have received a lot of attention over the last two years for their potential to disrupt higher education. They are about to have a major impact in the corporate sector. Read more. The Solution Revolution in education Prompted by widespread dissatisfaction with the results of the educational system, actors from outside traditional governmental participants are working to transform education in the United States. Learn more. Getting ahead of the "ripple effect": A framework for a water stewardship strategy Water scarcity creates risks and opportunities. A water stewardship strategy should help business leaders identify and pursue value-creating initiatives. Read more. Put us to work: How businesses can respond to the new job creation imperative Companies stand to win points for every domestic job created or even, possibly, maintained. The direct rewards may pale alongside the intangible goodwill an organization may win by visibly stepping up to the challenge of job creation. Read more. Generating consumer demand for clean cookstoves in base-of pyramid markets: Insights for donors and charitable organizations In base-of-pyramid markets, generating greater demand is central to driving the adoption of many socially beneficial consumer durable goods, including clean cookstoves. Read about insights for donors and charitable organizations. Common good: An interview with Lord Stephen Green, UK Minister for Trade and Investment Lord Green and Deloitte Review European Editor, Christopher Gentle, discuss key themes taken from Lord Green's recent book, "Good Value," and reflect on the financial crisis and the new forces likely to shape business in the future.

As used in this document, “Deloitte” means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

The Solution Revolution

This new book by William Eggers and Paul Macmillan is designed to help guide those willing to invest time, knowledge or capital toward sustainable, social progress.

Are you a Wavemaker?

What type of Wavemaker are you? Are social objectives among your top priorities? Find out where you fit in the community of Wavemakers.

You too can play a role in the solution economy

In today’s era of fiscal constraints and political gridlock, we can no longer rely on government alone to tackle towering social problems. Learn how you can play a key role in the solution economy.

Corporate Citizenship

Learn how we align what we do best to the greatest need – with a sharp focus on outcomes.

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