Archive

Archive for the ‘Deloitte’ Category

Moving Beyond Marketing: Generating Social Business Value across the Enterprise

August 15, 2014 Comments off

Moving Beyond Marketing: Generating Social Business Value across the Enterprise
Source: Deloitte

The third annual research study by MIT Sloan Management Review and Deloitte probes executives’ views of the social business opportunity and how companies are harnessing its value. The report is based on responses from 4,803 business executives across 26 industries and 109 countries, and incorporates interviews with more than 20 executives and subject matter specialists.

This year’s research indicates that a company’s social business maturity – the breadth and sophistication of its initiatives – is a good predictor of the value derived from social business initiatives. We detail the drivers of that maturity and how companies are using social business beyond the marketing function to transform their organizations and reap greater gains.

Highlights from the 2014 report include:

  • Social business is perceived as important both today and in the future
  • Employees want to work for companies that excel at social business
  • Measurement sophistication is starting to prove the value
  • Social business maturity is related to the level of results companies achieve
  • Companies can fuel social business maturity by focusing on its three primary drivers:
    • Using social business data in decisions
    • Having a leadership vision premised on the belief that social can fundamentally change the business
    • Moving social business beyond marketing to realize that vision
About these ads

Global Investor Confidence in US Soars for Third Straight Year, According to 2014 Global Venture Capital Confidence Survey

August 14, 2014 Comments off

Global Investor Confidence in US Soars for Third Straight Year, According to 2014 Global Venture Capital Confidence Survey
Source: Deloitte

Global investor confidence in the United States significantly increased for the third year in a row, driven by a combination of favorable capital markets, abundant investment opportunities in innovative companies and a strong investor climate, according to the 2014 Global Venture Capital Confidence Survey from Deloitte and the National Venture Capital Association. Moreover, global investor confidence also increased in the United Kingdom, Israel and Canada, but continued to decline in Brazil, China and India, according to the survey.

In Focus: Compliance Trends Survey 2014

August 4, 2014 Comments off

In Focus: Compliance Trends Survey 2014
Source: Deloitte

As the full force of landmark laws such as the Dodd-Frank Act and the Affordable Care Act come to bear, the need for a strong corporate compliance function — and an understanding of what that strong function should look like — has emerged like never before. The Compliance Trends 2014 report shows that Corporate America increasingly acknowledges this idea, but in many cases companies still aren’t investing enough to support a strong compliance function in practice.

Within the report, we have combined the deep knowledge and experience of Deloitte with the broad industry perspective of Compliance Week to answer three questions:

  • Do compliance executives have the appropriate authority and resources to do their jobs?
  • Are compliance executives addressing the right risks?
  • Do compliance executives use the right metrics to measure progress?

This report can serve as a guidepost for your own efforts to understand how corporate compliance works best in your company.

Deloitte — Global Economic Outlook Q3 2014

August 2, 2014 Comments off

Global Economic Outlook Q3 2014
Source: Deloitte

The third quarter edition of the Global Economic Outlook offers timely insights from Deloitte Research economists about the United States, the Eurozone, China, Japan, India, Russia, Brazil, and the United Kingdom.

Deloitte Survey: For Millennial Travelers, It’s the Experience That Counts

August 1, 2014 Comments off

Deloitte Survey: For Millennial Travelers, It’s the Experience That Counts
Source: Deloitte

Two-thirds (66 percent) of millennial high-frequency travelers rate “unique rewards” as an important factor when choosing a hotel loyalty program, compared with just 43 percent of their older counterparts, according to a new Deloitte study, Winning the Race for Guest Loyalty.

Three-quarters (75 percent) of millennial respondents also indicate they would remain loyal to a hotel brand even if they lost all their points and status, compared with two-thirds (66 percent) among other travelers.

Additionally, the types of program benefits millennial travelers expect are no longer solely points-focused. Overall, 68 percent of frequent travelers indicate that they consider themselves loyal to the program where they have accumulated the most points. However, millennials highly value “soft” benefits such as VIP treatments and exclusive experiences more than other groups. Two-thirds (66 percent) of millennials indicate that unique experiences matter, compared with half (50 percent) of frequent travelers in other age groups.

The study also revealed that the average millennial traveler checks 10 online sources before making a travel purchase, and trusts advice from strangers online more than their own friends and family. Roughly one-quarter (24 percent) of millennials check social media or customer review sites before booking a hotel, whereas only 16 percent check with family.

Digital Forensics in the Mobile, BYOD, and Cloud Era

August 1, 2014 Comments off

Digital Forensics in the Mobile, BYOD, and Cloud Era
Source: Deloitte

Quick, decisive action is often crucial to determining the facts and protecting an organization’s interests, whether the impetus is suspected fraud, a whistleblower claim, a lawsuit, or a regulatory inquiry.

Organizations can strengthen their ability to address this diverse array of risks by establishing digital forensics as a standard procedure very early in internal investigations and making sure investigations encompass all possible data sources, while avoiding some potential pitfalls in forensics application.

“Digital forensics in the mobile, bring-your-own-device and cloud era” talks about the 3 potential pitfalls in digital forensics and how important it is to regard digital forensics as a standard procedure, and scope it in as early as possible in an internal investigation.

New Global Study Finds Companies Advanced in Social Business Actively Leveraging Social Data

July 28, 2014 Comments off

New Global Study Finds Companies Advanced in Social Business Actively Leveraging Social Data
Source: Deloitte/MIT

New research released today by MIT Sloan Management Review and Deloitte reveals that nearly two thirds of surveyed companies around the world find social business initiatives —including social media, social software and social networks—are positively impacting their business outcomes.

The report, Moving Beyond Marketing: Generating Social Business Value Across the Enterprise, based on a global survey of more than 4,800 business executives across 26 industries and 109 countries, found that the level of value companies achieve is related to their social business “maturity.”

Respondents who rated their companies further along the social maturity scale were more likely to report their companies practice the following:

  • Apply social business data in the decision making process: Nearly 80 percent analyze social data, and 67 percent integrate it into systems and processes to improve business decisions.
  • Employ a leadership vision that social can bring about fundamental changes: More than 90 percent of respondents say their leaders believe it can create powerful and positive change.
  • Infuse social business into multiple functions across the enterprise: A total of 87 percent use social business to spur innovation.
Follow

Get every new post delivered to your Inbox.

Join 898 other followers