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University of Ibadan Mapo Hall Ibadanland Olubadan Palace Cocoa House

 

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Social Value Opportunities

  • Creating employment opportunities
  • creating skills and training opportunities
  • offering work placements
  • providing career advice and information
  • providing additional opportunities
    for individuals
  • sub-contracting
  • opportunities for
    small businesses
  • encouraging community engagement
  • supporting initiatives like targeting more
    vulnerable people
  • creating supply chain opportunities for SMEs
  • creating opportunities to develop NGOs
  • greater material recyclability and use of
    renewable resources
  • higher environmental management standards
    including eco-labelling
  • support government equality and diversity duties
  • improving market diversity
  • encouraging community engagement
  • increase the chances of local people benefiting
    from regeneration programmes
  • increase opportunities for apprenticeships
    and local labour
 
ORGANISATIONS
Meeting Community Needs in Services & Supplies
 

This is about Corporate Social Responsibilities (CSR) by all organisations i.e. Public, Private and Non-Government Organisations (NGOs). Corporate Social Responsibility is the commitment by an organisation or business to behave ethically and contribute to the social and economic development of the workforce and their families as well as of the local community and society at large. This is based on Social Value, a process whereby organisations meet their needs for goods, services, works and utilities in a way that achieves value for money on a whole life basis in terms of generating benefits to society and the economy, whilst minimising damage to the environment. In order to measure the Social impact i.e. the effect of an activity or service on the local community and well-being of individuals and families. Such impacts can be measured in terms of changes in levels of employment, health, crime, sustainability, education, community cohesion and diversity.

Public Organisations – by encouraging public authorities to make considerations for economic, social and environmental well-being in their service delivery in order to get best value from its purchasing, make a contribution to improving lives in communities, support service delivery and help voluntary and community organisations to thrive and do more. The Government should ensure that maximum longer term social benefit is considered when buying supplies and services and aims to provide a practical guide to buying while sustaining the local economy. Equip the civil servants in the field with the right knowledge to take the first steps to procuring for social benefit.

Business Sector – by encouraging companies to seek out CSR in their own supply chain - for example by local sourcing of goods and materials and by being more ethically responsible, in order to meet the needs for goods, services, works and utilities in a way that achieves value for money on a whole life basis.

Non-Government Organisations (NGOs) – motivated by the desire to achieve social goals (for example, improving public welfare, the environment or economic well-being) rather than the desire to distribute profit and will reinvest any surpluses generated in the pursuit of their goals. For this reason NGOs are sometimes called ‘not-for-profit organisations’, although in many cases NGOs need to make surpluses (or ‘profits’) to be financially sustainable. Run by protected groups to evidence greater value for money by delivery of services for the wider social benefits they bring to an area. NGOs often have elements of a social value hard-wired in them, this hard-wiring give them a competitive advantage over private sector organisations when it comes to assessing the overall quality of social value.

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