Driving sustainable economic growth
Helping to create long-term value
At Deloitte we believe we can deliver greatest impact to society and for our community partners by applying our core skills and expertise.
The Deloitte Social Innovation Pioneers programme provides a key platform for us to support and foster social business as an important source of sustainable growth for the UK economy. In the first year of the programme we supported 30 businesses across the UK, using our business capability to deliver long-term social and environmental benefit. The programme has also brokered further developments within Deloitte, providing a new route for innovation and creating new opportunities for partnerships and joint ventures with Pioneers, especially in the area of supply chain and procurement.
Our investment in this area has already delivered a significant impact, with our first-year Pioneers experiencing average growth of 45 per cent leading to the creation of 121 new full and part-time jobs. The programme has also impacted our own business through the introduction of some of these incredible businesses to our own supply chain.
“The assistance received from the programme and our Deloitte Relationship team has got us into a position where growth is now a reality rather than a hope.”
Leading private companies – and the owners and management teams who steer these dynamic businesses – are characterised by their ambition to succeed and drive for growth. At Deloitte, our Private Markets’ team serves this important segment of the UK economy.
As well as continuing to provide programmes delivering insight and peer-to-peer support for Private Equity and Private Equity-backed companies, in FY13 we introduced The Deloitte Next FTSE350 Directors’ Academy programme for Mid-Cap and AIM listed companies with significant private ownership.
Building on the results of our Entrepreneurship Survey 2012/2013, we have developed the Growth Generator Programme to provide insight and support on key themes for SMEs: the importance of finding ways to collaborate, creating the right supply chains and local networks in order to win in new markets, funding for growth, the impact of digital Britain and doing the right deal in M&A.
FY13 saw our Private Markets practice (26 per cent of the UK Firm’s revenue) support and deliver gear-changing growth to 7,885 private companies and their owners by understanding their business issues as well as their ambition.
And, we remain committed to supporting young entrepreneurs and start-ups, notably by providing insight through a series of Growth Generator webinars and thought pieces and through our support of the Enterprise Fellowship with the Prince’s Trust.
In the charitable and not-for-profit sector, our pro bono programme enables us to support our clients’ strategic objectives through a range of innovative and distinctive engagements. In total, we delivered around 12,000 pro bono hours in FY13, valued at more than £1.5m, across more than 30 projects. By drawing on expertise from across our service lines, for example, we have been able to provide crucial support to The Prince’s Trust through a successful merger with another leading youth organisation and through social impact analysis of the charities education and employability programmes.