Unlocking the Power of Social Procurement on our Bendigo Business Stories Podcast.
In an ever-evolving business landscape, the concept of social procurement is gaining momentum, offering a transformative approach to purchasing that benefits not only businesses but also the broader community. In the latest episode of the Bendigo Business Stories podcast, host Ben Dillon from Downer, dives deep into the world of social procurement, exploring how local businesses can leverage this strategy to drive positive change.
Social procurement is more than just a buzzword; it’s a thoughtful approach to purchasing goods and services that prioritises social good alongside economic benefits. As explained by Martin Collins, an expert in the field and the team leader for industry engagement with the Victorian Skills Authority, social procurement is about using financial power to create win-win situations that benefit society at large. By choosing to work with businesses that support youth employment, environmental sustainability, or community wellbeing, organisations can make a significant impact with their spending.
The episode highlights the importance of creating inclusive workplaces and the role of social procurement in achieving this goal. Through practical examples, listeners learn how businesses can integrate social responsibility into their strategies, ultimately leading to a more resilient and inclusive workforce. As Martin notes, younger generations are increasingly seeking meaningful work, and businesses that embrace social procurement are likely to attract and retain this talent.
The discussion touches on the significance of apprenticeships and traineeships in building a sustainable economy. By investing in the next generation, businesses not only address skills shortages but also contribute to a thriving community. The episode also emphasises the value of continuous learning and mentoring, with older employees playing a crucial role in passing down knowledge and skills to younger workers.
For business leaders and owners looking to make a meaningful impact, social procurement offers a pathway to align economic goals with social values. Whether it’s through partnerships with social enterprises or implementing policies that support local procurement, there are numerous ways to get involved and drive positive change.
As Ben Dillon says, continuous learning and social procurement go hand in hand, creating a cycle of growth and prosperity. If you’re curious about how to implement these strategies in your business, this episode is a must-listen. Tune in to gain valuable insights and be inspired to make a difference in your community.
This season is proudly brought to you by Be.Bendigo and Workforce Australia Local Jobs, funded by the Australian Government Department of Employment and Workplace Relations.
Don’t miss out on this enlightening conversation. Listen to the full episode now!
