Partnerships and Alliances

Organizational partnerships are understood generally as a public affiliation between two or more organizations to enhance overall organizational performance and value. Partnerships create opportunities for creative problem solving and enhanced organizational functionality because they are able to reduce rigid organizational boundaries that may stifle innovation. Partnerships allow organizations to access resources that were previously unavailable, thereby allowing the partnering organizations to grow and adapt to changing environments and stakeholder demands. Through partnership, a third organizational form is created that can uniquely address social and economic issues in a manner that the partnering organizations were unable to do on their own. Depending on the goals and desires of the partnering organizations, the new organizational form may be constituted for a brief time or may span decades. ...