How well a partnership operates depends on people more than procedures. Good governance of a partnership rests on building structures around people.
There are three components of what makes a good partnership: -
- Behaviours;
- Structures; and
- Governance and Management Processes.
Behaviours
What you want to achieve from the partnership indicates the kind of attitudes you need to bring to the partnership.
For example, if what you want to achieve is co-operation about the management of Country, then the attitude you need to bring is one open to co-operation. If you want to build a business that will carry on for the foreseeable future, then you need to bring an attitude appropriate to the building of a long-term relationship with your partners where you are open and honest and willing to negotiate fairly.
There are, however, some keystone behaviours that you need to bring to any partnership, and these are: -
- Respect and fairness – no relationship can survive where partners don’t respect each other, constantly work to “do one better” over the other and attempt to gain an unfair advantage. Your community or corporation has to understand that even if you gain a...
