Social Progress Networks
Business has an important role to play in driving true growth. Deloitte Global and its member firms, Social Progress Imperative, and leaders from academia and other organizations are working together to drive cross-sector collaboration and highlight barriers to achieving true progress.
The Social Progress Index
A holistic measure of progress
For 80 years GDP has been the gold standard for measuring a country's economic progress, but limiting a country's measure of growth and competitiveness to just economic indicators creates an incomplete picture.
Foreign Direct Investment and Social Progress
Deloitte has found that there is a positive and nuanced relationship between FDI and social progress. By better aligning the two, business, government, and non-government organizations can drive real and inclusive growth.
Unlocking Real Growth: Social Progress and the G20
On the 15th and 16th of November, Australia played host to the annual G20 Summit. The G20 provided an opportunity for leaders to discuss global economic issues and shape the world's effort to restore growth. Yet, growth without social progress is an empty goal. Governments need to think beyond the usual macroeconomic levers to support social progress. Australia and other G20 countries can enhance economic growth through addressing these social problems which are burdensome to economic progress.
Deloitte Australia has used the Social Progress Index to identify where Australia compares less favorably with its peer countries and therefore present opportunities for governments, business, and the not-for-profit sector to work.
To learn more visit the Deloitte Australia page or download the report.
2014 Social Progress Index in the Media
The 2014 Social Progress Index was launched in The New York Times by Puliter-prize winning journalist, Nicholas Kristof. Entitled 'We're Not No. 1, We're Not No. 1!', the article reflected that the U.S. is not as successful as popularly believed, given its Index rank of 16th. The article was the most read, tweeted, shared by email, and shared by Facebook on the 3 April 2014. It received over 650 individual comments.
Over the Index launch period, 3-4 April 2014, the Index was covered in over 450 individual publications internationally, including the Economist, the Guardian, the BBC, Reuters, CNN, and the Boston Globe.
Deloitte, as a strategic partner, has received coverage as a result, either through opinion pieces, thought leadership, or quotes. Please see below for links to examples:
- Fast Company's 'The 10 Countries With The Highest "National Well-Being" (See the U.S. Anywhere?)', which quotes Deloitte Global Chairman, Steve Almond
- On a CNN blog in a post by Deloitte Global CEO, Barry Salzberg; 'Can business and government meet Millennials' expectations?'
- Irish Times article by Deloitte Ireland Managing Partner, Brenden Jennings; 'Widening the debate about what social progress would look like'
- Watch the El Youm Fi Sa'a Show, which interviews Rashid Bashir, strategy consulting Partner at Deloitte Middle East on CNBC Arabia (Arabic)
- An interview with Deloitte Global Chairman Steve Almond, 'A force for good,' in The Business Times
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