Social Procurement: An Enabler Of Good And Change
There are many ways how social procurement of enterprises can benefit communities. Other than just being enablers of their trade and the potential of taking what they do to bigger scales, this action done by companies helps communities long-term. Sometimes, it’s not all about the money and the profit – and with this practice, a lot of communities have grown and have achieved a lot just because enterprises have taken the liberty to help them out with their trade. Here’s a rundown of how the practice works and what positive effects it has on the communities that are being reached out to.
What does it mean?
Off-hand, social procurement means hiring staff from less fortunate and impoverished areas. They are usually hired as admin or manpower, and they are given employee benefits just like their regular employees. With this move, those who are employed under their wing feel a sense of empowerment – which they haven’t felt due to their current conditions. It also means procuring goods that are fair-trade, meaning they are produced under very good conditions for employees and the environment. Of course, this also means that all procurements are done under ethical circumstances and no rights were violated.
Involving more players in the grid
This practice aims to integrate small to medium sized industries to the huge economic grid. Social enterprises are usually involved in this, as they have advocacies in their respective businesses. This is in line with Corporate Social Responsibility efforts of many companies, as these efforts aim to create a positive and massive impact on society through their trade and practices. Once these small and medium enterprises are given opportunity to be part of that “grid,” then they’ll be able to consider themselves as a legitimate player – and not just a branch of companies for the sake of CSR anymore.
A welcome enabler
With that said, social procurement enables communities to grow in their own as well. The profit generated by their trade can be utilized for improvement of education, local infrastructure, and even with their trade itself. It is important for these beneficiary communities to recognize their own role as economic players, because it will empower them to become even better. This is also what the procuring enterprises are trying to do, and if they do it right, then they are doing their huge role right as do-gooders in the world. This practice done right will create waves out of ripples of social good.
Overall, the practice is very good for both ends of the spectrum. If more companies go on board with it, then the economy will be more varied and more accessible. The core of the practice is to help communities and social enterprises to grow in order to have a more positive and massive impact on the world. The main idea here is to find more ways to achieve a better tomorrow for the future, may it be through the beneficiary communities or enabling people who wish to do the same as well.