Cisco was recently named to the Dow Jones Sustainability Index (DJSI) World and the DJSI North America for the 9th year in a row, based on a thorough analysis of our economic, social, and environmental performance. The DJSI recognizes Cisco among the 80 most sustainable companies in the world, and among the 40 most sustainable companies in North America. New issues covered in the 2014 survey were tax strategy, CSR materiality assessments, and additional human capital development and health and safety measurements.
We value our inclusion on the DJSI for many reasons. First, it allows us to benchmark our year-over-year performance measurements such as corporate governance, risk management, climate change strategy, supply chain standards, labor practices, and social investment programs. The DJSI allows us to track our performance in these areas and others against both peer companies and our previous results.
Gooru is a free, open-source education search engine. Educators worldwide can use it to personalize and share instructional K-12 content customized to individual students’ needs. The website contains over 16 million videos, slides, digital textbooks, and interactive content that provide engaging ways to teach K-12 science, technology, engineering and mathematics (STEM). Cisco support is helping Gooru integrate Lessonopoly – a repository of more than 11,000 teacher lessons and study packs – into its platform.
This week, I joined Cisco Chairman and CEO John Chambers, along with heads of state, Nobel Prize winners, nonprofit leaders, and influential CEOs for the annual meeting of the Clinton Global Initiative (CGI) – whose mission is to create and implement innovative solutions to the world’s most pressing challenges.
When leaders and progressive thinkers of this magnitude join together, it’s impossible not to be inspired by the role technology can play in positively impacting lives around the globe. To date, members of the CGI community, including Cisco, have made more than 2800 Commitments to Action, which have improved the lives of over 430 million people in more than 180 countries.
The 2014 Annual Meeting brought CGI members together under the theme “Reimagining Impact,” guiding members in better measuring and assessing the outcomes of their work, and rethinking how we create value through new approaches to address complex global challenges going forward.
Big ideas can change the world, and that’s why I truly believe in the big idea of national service. Young Americans today are facing the crisis of unraveling traditional communities and social structures. In fact, 1 million students drop out of school each year, and 17% of youth aged 16 to 24 are out of school and work. This isn’t just a problem about unemployment or a weak future workforce – it escalates to encompass poverty, illiteracy, food insecurity, homelessness, and a lack of healthcare – leading to a weakened civilization.
Cisco Senior Vice President of Corporate Affairs Tae Yoo (second from left) joined representatives from the National Service Alliance and Lumina at the Clinton Global Initiative Annual Meeting on September 22, 2014 to announce their commitment to promote and support national service opportunities.
Consider this: Many of today’s top jobs didn’t exist 10 years ago — jobs such as app developers, social media managers, and cloud computing administrators. And, by 2018, it’s predicted that there will be 21 billion networked devices and connections globally, up from 12 billion in 2013. The Internet of Everything (IoE) will bring everything together. But in our world of ever-expanding technology, it’s important to remember what makes these connections possible: people.
The good news is that the bourgeoning digital age is creating millions of information technology (IT) job opportunities for people. The bad news is that we aren’t developing IT talent fast enough to keep up with the pace of demand.
A ManpowerGroup study shows that in the Americas, 39 percent of employers report hiring challenges caused by IT talent shortages. Acute shortages were reported by employers in Brazil, India, Turkey, Hong Kong and Japan, where that number skyrockets to 85 percent. And across the globe, engineers, technicians and IT staff are among the top seven hard-to-fill jobs.
Globally, 13 percent of young people – nearly 75 million people — are unemployed. In the Middle East and North Africa, this number rises to more than 28 percent. The issue is compounded when you factor in the 127 million unemployed adults worldwide. Meanwhile, 40 percent of employers in the United States, 65 percent in Brazil, and 64 percent in India report they are unable to fill job vacancies, potentially causing billions of dollars in losses.
Chambers will join moderator and New York Times columnist Nicholas Kristof for “Putting Education to Work,” a discussion on how CGI members can create real education-to-employment journeys for young people, retrain adults, and eliminate the barriers that prevent those traditionally left behind from gaining meaningful employment opportunities.