Partnerships is an ongoing working relationship between different organizations, which align common interests, share risks, combine resources and competencies to maximize the achievement of agreed partnership objectives while delivering net value to each individual partner. In other words, partners work together to achieve the goal of the partnership. They also try to achieve the goal of each individual partner. Kinds of Partnership Partnerships come in many shapes and sizes. Some will be simple and require little cooperation. Partnerships like this might resemble the relationship between a buyer and a seller, clear, transactional, and limited. Others will require deep collaboration and integration. Partnerships like this will resemble the creation of an entirely new organization. In fact, partnerships can occupy anywhere on a broad spectrum from transactional to transformational, as seen below. Source Phil Uni We can say that one type of partner...
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