The Key to Successful Partnerships
For most organisations, partnership is a central theme - either for financial or functional reasons.
Increasingly, I've found myself questioning the rationale by which these partnerships effectively operate - where they might have been improved, why they are thriving or how they flounder.
Of course, there are a whole series of reasons why a partnership might weaken or dissipate over time - but ultimately, in understanding the basis of successful partnership, it's possible to put effective strategies in place to manage and develop them over time, as well as spotting the signs of a potential partnership cessation.
Ultimately, strong partnerships flourish when clarity exists at the outset - in particular, in terms of shared values.
Why do values matter? Quite simply, because without a sense of the issues that matter to both organisations, it's nigh-on impossible to create a longlasting relationship.
In both a voluntary and professional capacity, I've noted the qualities that underpin positive partnerships - a trustworthy connection between partners, which has been founded on honesty, clarity and commitment. A sense of respect, acknowledging everyones' position - particularly when it comes to the 'ask' - financial or otherwise.
Cohesive partnerships are also founded on delivery - building a strong track-record - and actively seeking to add to the relationship experience over time. Illustrating quality engagement through action, makes for a compelling long-term proposition for partners, and will, fundamentally, go a long way to safeguarding your relationship.
Undoubtedly, the watch-word for any partnership is assumption - never assume anything. It is the sure-fire way to damage relations and put a partnership in jeopardy. Positive communication, regular interaction and - as already stated - clarity of expectation, is key.
Like more of this? I'd recommend visiting BusinessToArts' blog over here.