What is Partnership Development?
Partnership development is the process of identifying, vetting, launching, and managing a mutually beneficial partnership between two or more organizations. It can involve a variety of activities, including one-time events, ongoing initiatives, and specific or holistic activities
Stages of partnership development include:
- Determine your ideal partner type: Ensure alignment between the two organizations
- Recruit your ideal partner: Research, find, and recruit new business relationships
- Enter into a formal partnership agreement: Build trust, alignment, and value with your partners
- Onboard and train your partner: Provide feedback on end-to-end plans to ensure they align with partner needs and capabilities
- Enable your partner: Identify potential ways your organization and its partners can build solutions together
- Engage your partner on an ongoing basis: Assess and adjust your partner business plan quarterly
What We Do
Support your organization through all of the stages of partnership development. Identifying and engaging with prospective partners within a CBOs local ecosystem, and supporting the development of those collaborations through strategic and tactical alignment.
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