The British consultancy giant Deloitte is now allowing its employees to create their own start-up, without leaving the company. The new and trendy initiative — for which a sum of £25 million has been set aside — seems to be an attempt to address the high turnover of young ‘generation Y’ employees.
Interviewed by Planet Labor, Simon Owen — in charge of innovation at Deloitte — reveals that the company had the idea of setting aside funds for start-ups after organizing an internal competition in 2013 named ‘What are we missing?’ He explains that “the level of engagement and quality of ideas was overwhelming and the success of the program got us thinking about how we could take it one step further.
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