“… Businesses have to fulfil economic, legal, ethical and philanthropic responsibilities in order to address its entire obligations to society.” (Carroll, 1979).
The above by Carroll aptly described the decisions of the Board of Directors of Capital 3 Limited when the company was reviewing its economic, legal, ethical and philanthropic responsibilities at its 2016 Annual General Meeting. A task was given to the Innovation and Creative Department of C3 to design a product(s) to strengthen its Corporate Social Responsibilities.
In 2018, an MoU was signed with Cambridge Psychometric Centre to promote Psychometric education in Nigeria, starting with tertiary institutions in Nigeria. The project came as a business deal but the company did not waste time in deciding to adopt it as a major CSR of the company, donating 55% of its income to an institution to be named later as International Psychometric Centre.
The International Psychometric Centre (IP Centre) is a Strategic Research Network dedicated to research, teaching and product development in both pure and applied psychological assessment.
it is a joint institute set up by Capital 3 Limited under a consultancy agreement with the University of Cambridge Psychometrics Centre to undertake training related to item response theory, computer-adaptive testing and the development of tests in the Concerto platform under the sponsorship of the partner bank- Access Bank Plc and other stakeholders like Soft Alliance Limited.
IPCentre is set up to research on cutting-edge developments in the theory and practice of psychological assessment with emphasis on the online environment.
Its primary focus is on the Tertiary Education sub-sector of the Nigeria Education Sector where it will design and integrate a detailed psychometric studies curricula as separate General Studies Courses into the existing Benchmark Minimum Academic Standards for all classes of Tertiary Institutions in Nigeria in a bid to train Nigerian Students and Graduates to get an understanding of their natural learning preferences and gain important insight into their personality, motivations, natural strengths and potential areas of growth.
Psychometric studies are taught by International Psychometric Centre online in partnership with all tertiary institutions in the country.
A success story already. Having been approved by the Federal Ministry of Education and harmonized into the curricula of all tertiary institutions in Nigeria. Psychometric is now a ‘Mandatory Course’ (GNS) in all tertiary institutions in Nigeria delivered both online and in the classrooms by International Psychometric Centre, an organization registered under Trusteeship at Nigeria Corporate Affairs Commission with reputable personalities on its Board.
IPCentre Board of Trustees is Chaired by the former Nigeria Head of State, His Excellency General Abdusalam Abubakar, GCFR