The Deloitte Millennial Survey 2016
Deloitte's fifth annual Millennial Survey showed that two-thirds of Millennials express a desire to leave their organizations by 2020. However, it's not too late for employers to overcome the "loyalty challenge" posed by Generation Y.
Making whole some half-truths on Washington's Birthday
In the spirit of Washington's birthday and his famous quote, "Honesty is always the best policy," CEO Punit Renjen shares some truths in his latest LinkedIn Influencer blog post.
A profile of the Deloitte Global CEO
Renjen is chief executive officer of Deloitte Global. Previously, he served as chairman of the board, Deloitte LLP (U.S.), and prior to that, chairman and CEO of Deloitte Consulting LLP.
Punit is the CEO of Deloitte Touche Tohmatsu Limited (Deloitte Global). He previously served as Chairman, Deloitte LLP (US member firm) for four years.
Outside of Deloitte, Punit is a member of the boards of directors at United Way Worldwide, US-India Business Council, and Japan Society; and a member of the board of trustees for the US Council for International Business. He speaks regularly on research regarding the attributes of exceptional organizations, particularly the importance of a well-articulated and lived workplace culture of purpose.
Punit has held several leadership roles within Deloitte, including CEO of Deloitte Consulting LLP in the US member firm. During his tenure as US Consulting CEO, the US consulting practice experienced tremendous growth despite an ongoing recession, helping it to become one of the largest consulting organizations according to leading analysts’ rankings.
Punit was born and raised in India. He attended Willamette University in Oregon where he earned a master’s degree in management, and now serves on the board of trustees. In 2015, Punit was named among the 100 most influential business leaders who have graduated from schools accredited by the Association to Advance Collegiate Schools of Business International. He is married and has a son.
2014: Culture of purpose
Confidence — it fuels business investments, innovation, and long-term growth. However, the current climate of uncertainty has greatly diminished that confidence slowing economic recovery.
For the past three years, Renjen has commissioned the Deloitte Core Beliefs & Culture Survey. The 2014 survey found that focusing on purpose rather than profits builds business confidence and drives investment. This is a critical finding — and underscores the significant impact a “culture of purpose” can play in fostering a thriving community.
An array of key indicators shows an economy of fits and starts. Everything from hiring to business inventories is up one month and down the next. As a result, many businesses continue to sit on excess capital rather than put it to productive use. But not all businesses. Those committed to creating meaningful impact for all stakeholders (including clients, employees, and communities) foster strong cultures of purpose. This sense of purpose inspires confidence among leaders and stakeholders alike — and can lead to a competitive advantage in a time of economic volatility.
In the news
- Making whole some half-truths on Washington’s birthday from LinkedIn's Influencer blog series
- I had to walk away to find my way back from LinkedIn's Influencer blog series
- Getting inside the heads of millennials from LinkedIn's Influencer blog series
- Why won’t you look me in the eye? from LinkedIn's Influencer blog series
- To the moon and back - Lessons learned from a lifetime of great mentors from LinkedIn's Influencer blog series
- Government has made right announcements, now they have to execute in Economic Times
- Renjen expects a lot from India as growth rate picks up in Economic Times
- Newly Named Deloitte Global CEO's Mission: Create A Culture of Purpose in Forbes
- How to Keep "Purpose" From Becoming Just Another Corporate Buzzword from LinkedIn's Influencer blog series
- There is no shortcut to success from
the 2015Kellogg School of Management Brave leader series
- Does Focusing on "Society" Limit Business as a Force
ofGood? from the Huffington Post
Life at Deloitte
People make Deloitte one of the best places to work. What’s great about the people? That’s an easy answer. They are exceptional. Each person is unique and valued for that, among the best and brightest in the business, and takes pride in his or her achievements and the success of others.