Are you in the process of forming
a strategic alliance? The book, The Power of Partnership,
helps organizations think about key questions to consider
when partnering with other nonprofits or businesses.
For example:
- What goals can the potential partner help your nonprofit
achieve?
- Do the organizations have missions, cultures, and
values that are compatible?
- What would happen if the partnership failed?
It is important to asking these questions early so
that you can balance the benefits and risks before entering
any agreements. In addition, respondents to a questionnaire
conducted for the book identified warning signs that
your organization might watch out for:
- Is the potential partner showing a lack of commitment?
- Does it seem like it will be an unequal relationship?
Find out more about this topic in The Power of Partnership:
Principles and Practices for Creating Strategic Relationships
Among Nonprofit Groups, For-Profit Organizations, and
Government Entities (2008), a book written by the Plexus
Consulting Group and published by ASAE & The Center
for Association Leadership and the U.S. Chamber of Commerce.
Article Source: http://literature.foundationcenter.org/2009/02/risks-and-rewards-of-strategic-partnerships.html
About Plexus Consulting Group,
LLC
Plexus Consulting Group is a management-consulting
firm that provides marketing, management, and strategic
planning services to association, for-profit, and governmental
entities in North America, Europe, Latin America, and
Asia. Plexus’s network of affiliate offices covers
all these markets. The firm is headed by Steven Worth-a
25-year consulting veteran whose former professional
titles include: Director of International Public Affairs
and Communications, Deloitte, Touche, Tohmatsu; Managing
Director of Hill and Knowlton Brussels, and Press Liaison
for the U.S. Senate Majority Leader’s office.
For more information, contact:
Steven M. Worth
President
Plexus Consulting Group
Telephone: 1-202-785-8940
E-Mail: steve_worth@plexusconsulting.com
www.plexusconsulting.com
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