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Strategic partnerships with other organizations can be vital to the success of your organization’s goals and initiatives. Recognizing the importance of partnerships is not difficult, but understanding how to build those partnerships is critical. Partnerships with other organizations take time and effort, but if managed well, they can help your organization achieve its goals more effectively and with fewer resources.
This chapter provides information to bolster your organization’s understanding of the diverse types of partnerships. It also provides guidance on how to identify potential partner organizations, negotiate and build strategic partnerships, and maintain these partnerships in a way that is mutually beneficial to both parties.