BSR Insight | Using CSR to Grow Locally, Mind the Talent Gap
At a time when global economies are sputtering, sustainability is a key issue for global business leaders, according to the 15th Annual Global CEO Survey from PricewaterhouseCoopers.
The report indicated that a majority of CEOs recognize sustainable business growth requires working closely with local populations, governments, and business partners, and investing in local communities.
Specifically, more than 60 percent of CEOs said they planned to create job-training programs, help manage resource constraints, or contribute to health solutions in local communities over the next three years.
More than 50 percent of participating CEOs also expressed concern about recruiting and retaining high-potential middle managers, and building more diverse leadership teams. Respondents suggested that once new employees have been recruited, companies planned to use corporate responsibility as a lever to keep them engaged, satisfied, and productive.
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