Date post: | 19-Jan-2016 |
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Developing Successful Partnerships
What is a Partnership?
A partnership is A voluntary arrangement working cooperatively shared or compatible objectives shared authority, responsibility and
management for the project
What is a Partnership?
A partnership is joint investment of resources (time, work,
funding, material, expertise, information) shared liability or risk-taking mutual benefits (win-win situations)
Why Use Partnerships?
Maximize efforts by sharing resources, headaches, successes
two heads are better than one
Each Partner Benefits:
Government departments want visibility and public support for their programs
Non-government organizations want visibility and public and corporate support (resources)
Companies want a return on investment and to be good corporate citizens
What To Do
Step One: Know what you want have a plan with definite objectives think of it as a Business Plan be succinct think long-term
What To Do
Step One: Know what you have what do you bring to the table? do you have the necessary human resources? Can you bring in skilled volunteers? What are your training needs?
What To Do
Step One: Know your bottom line
Develop Partnership Guidelines statement of principles screening criteria for partners an administrative process
What To Do
Step Two: Do your homework know your targets be aware of potential conflict of interest and
incompatibility issues learn as much as you can about an
organization before you approach it or accept an invitation to work with it
What To Do
Step Three: Go for it! Take proposal to a variety of possible partners know who to see
– most companies have 3 types of funding that can be used to support partnership activities
donations advertising promotions
What To Do
Step Three: Go for it! Ask for something specific explore options, be prepared to deal don’t give up follow through have realistic expectations
The Partnership Agreement
Scope and objectives
roles and responsibilities
benefits mechanisms for
termination milestones and
evaluation
Evaluation
Partnerships should be monitored from development through execution– develop an evaluation process at the start
Ongoing evaluations identify what elements contributed to the success or failure of the initiative
Build on the strengths that these evaluations identify
You Should Know...
You are competing in a volatile marketplace partnerships must be approached strategically although companies want to be good corporate
citizens, they can not afford to ignore the bottom line
You Should Know...
Potential problems must be weighed against lost opportunities
not a short term activity - have to work at it everyday
do ongoing evaluations to identify what elements contributed to the success or failure of the initiative
You Should Know…
Build on the strengths that these evaluations identify
If things don’t work out with your corporate partner (and this does happen), start working on a relationship with another corporate partner
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