Companies should tap into social procurement’s endless opportunities

OPINION MITCHELL COHEN CONTRIBUTED TO THE GLOBE AND MAIL JUNE 14, 2017JUNE 14, 2017 Mitchell Cohen is President of the Daniels Corporation. Daniels, in partnership with Toronto Community Housing and local social service agencies, implemented social procurement strategies over the past 11 years within the Regent Park Revitalization. It's time for the private sector to climb aboard the "social procurement" train. Investing in local economies has long been a business imperative for not-for-profit organizations from coast to coast. These organizations understand how their purchasing power can be leveraged to build social capital and create positive social outcomes in their home communities.  In recent years, for-profit businesses have begun implementing "giving back" strategies that go deeper than simply writing cheques to worthy causes. In fact, engagement philanthropy is becoming an important tool for corporations intent on attracting and keeping the absolute best and the brightest. The fact is, the best and the brightest are looking for more than a paycheque. They don't want their employer to just talk the...
Read More