With the current economic challenges and strained financial access that have plagued private organizations due to market uncertainty, unstable foreign exchange policy, changing government financial policies, higher taxes, unstable exchange rate, corruption, etc., it has become difficult for business organizations to dole out money for a Corporate Social Responsibility (CSR) project in a community that does not give anything back. Therefore, it is projected that CSR will gradually become obsolete and become the Corporate Social Welfare Program (CSWP) where both parties, that is, the public and the business organization win while the scope of social service is strengthened.
Essential services are a necessity for our daily lives; It is imperative that service providers look beyond their field and think outside the box to solve common societal problems while increasing profits. When it comes to basic public needs, essential services through the private sector have been extremely successful and have helped solve monumental social problems.
This has helped the economy grow and encouraged entrepreneurs and investors to take advantage of our huge market potential. The private sector is versatile and is expected to be more productive with the help of technology. The growth of the public sector in Nigeria is a mirage due to corrupt individuals who have no sense of direction and no ability to change society in a positive way. A nation deserves the kind of leadership that citizens promote; Nigerian society encourages and celebrates corrupt leaders who have no sense of guilt or shame.
Banking, telecommunications, oil and gas, entertainment and hospitality industries have been driving the Nigerian economy and have generated more employment than other sectors. Nigeria’s economy has not experienced any breakthroughs that could put the country on the path of development. The demand for a conducive business environment in Nigeria was a result of people’s desire and hunger for socio-economic growth that would project the country as one of the world’s growing economies. As the economy grows, so do locusts and canker worms, hindering the growth and development of society. The Nigerian community is being gobbled up by politicians, making it difficult to count on the supposed growth recorded as it cannot be sustained due to corruption.
It is a fact that the primary responsibility of government is to protect life and property, rights and liberty of its citizens, to provide essential basic services for people, to provide security, an environment conducive to business growth, to provide basic services of health care. , provision of social services and infrastructure, qualitative education for all citizens and to protect the nation from external aggression.
Governments at the state and federal level are insensitive to the plight of the people; the hardships in the country are becoming unbearable. Nigeria is experiencing social, security and economic depression; which recently caused companies to lay off staff and cut spending, including on CSR programs. Creating a safe and conducive environment for all is now beyond the capacity of government because it cannot provide basic services for people, help businesses prosper, reduce unemployment, repair bad roads, eradicate the supply of epileptic energy, etc. The government at the state level embarks on bogus projects that have no economic benefit for their states and the country in general, in fact the country is almost on the verge of collapse.
The need for corporate welfare services
Currently, we have a number of corporate organizations that are directly or indirectly providing welfare services; In a few more years, more social welfare services will be provided by private organizations that will increase their capital base, boost their sales and make society a better place. Sponsorship of dance competitions or reality shows on national television is not CSR; They are known as branding and corporate advertising. CSR is practiced in accordance with the law; it is stipulated that a company must be responsible for the development of the host community to the extent that it makes a profit.
The Corporate Social Welfare Service transcends a community or a group of people but has the potential to benefit a large number of people who are in serious need of social assistance to improve their standard of living, through which they pay the from service. We’ll be revealing various personalized wellness services that will become phenomenal and keep businesses growing on breakeven foundations. This type of service is discreet and will ease people’s craving for which the provider attracts more customers while trying to solve problems. This idea is also linked to policy making and influencing the political class, either by persuasion or conspiracy, to become a Public Policy.
Corporate Social Welfare Services are not Privatizations or Public-Private Partnerships, but social services designed to help where governments are not working or have not fulfilled their duties. Governments are spending beyond their limited and enumerated constitutional powers because of the concentrated benefits and dispersed costs that can be associated with vested interests. When governments cannot provide basic infrastructure, it means there are problems with their revenue and the proper use of public funds.
When a government puts together a public-private partnership to implement a project, it means that the rights of the public over the particular project have been divided and an avenue for manipulation has been created. Nowadays, we have seen several public projects handled by corporate organizations due to lack of funds. When proper public bidding and project evaluation is done, it becomes difficult for vested interests and manipulations.
In a civilized society where there is transparency, a public-private partnership is the best and most necessary relationship to reduce the social burden of government, provide much-needed social services, bring innovation to public service and governance performance. Makes development faster, helps in proper management of public infrastructure, fosters a new approach to solving social problems, enables a competitive society, helps in job creation and reduction of unemployment, helps to grow companies and make reasonable public policies.
The ethics of the Personalized Business Social Welfare Service
There is a range of services provided by government and private organizations; they aim to create a more effective public-private partnership and empower more private organizations, build stronger communities, and promote equality and opportunity. Social services include the benefits and facilities provided to citizens, such as education, food subsidies, health care, job training, subsidized housing, adoption, community management, policy research, and lobbying.
The Corporate Social Welfare Service is not a public-private partnership or corporate social responsibilities, but a personalized service of a corporate organization to solve social problems and get a certain amount of money in return. With the onslaught of national economic disarray and relentless taxation from government agencies, CRS is becoming onerous and unrealistic due to the financial constraints facing corporations large and small. Only a ‘you win and I win’ approach can provide an effective substitute for ineffective CSR. The rise of Corporate Social Welfare Services will help push forward the concept of social service and help corporate businesses achieve basic social goals. It will help corporate organizations reach more people, solve more problems, and make a profit. It is a two-way profit, a service with flexible conditions for the public, a massive token generated back into the pocket of the company that generates a huge profit for the company.
Influencing public policy
The Nigerian government at all levels has run out of ideas on the provision of social services. Willpower is also lacking, while each successive government has tried to milk the public fund by introducing different ideas and policies that are not working. The process of implementing and enforcing those policies is very deficient because those ideas were stolen or kidnapped from different people; can never be achieved without the input of the owners.
Now, this is a wake-up call to corporate organizations to start influencing public policy and ensure that politicians are vigilant in providing or approving basic social service initiatives for the people. There is a connection between public and private institutions, both provide services through policy formulation; while private institutions seek to maximize profits and expand their services, public institutions are designed to meet the needs of the masses. Where the goals of government are driven by profit, there is a private initiative in the corner that drives the public officials that we are seeing in our society today, that is, the construction of bridges and toll roads, the railway system, construction of schools, etc.
The government’s money-making initiative is the result of raising revenue to provide basic services, encouraging proper management of public facilities, and also conspiring to create a secret money-making platform for top civil servants even after leaving office. . Today, private organizations drive the economy and have become the mechanism of government policy. The good thing this does for our current society is that essential services will be available on time; it may be expensive, but it will surely hold up. The possible negative effects are: the public will pay more for essential services and the government will stop providing affordable services. That of the corporate organizations will be the government’s priority as long as they have setbacks in the provision of basic services and in the fulfillment of their campaign promises.