THE RATIONALE FOR PARTNERING Sample Clauses

THE RATIONALE FOR PARTNERING. In this section, the rationale for partnering is discussed. The discussion will explore potential benefits for partnering which include, inter alia, ease of market entry; shared risks; shared knowledge and expertise, as well as synergy and competitive advantage. Organisations enter into partnerships for different reasons and lengths of time. Partnering allows business enterprises to establish strategic relationships with their suppliers and trading partners in order to set mutually beneficial goals and share business processes and information. Xxxxxxxxx and XxXxxxxx (2012: 1) affirm that partnerships are a central xxxxx to get to grips with complex, rapidly changing issues related to agricultural and rural development; and also, they are a necessity if it is to achieve greater outreach and expanded impact in terms of rural poverty reduction, with limited resources. Partnering is also driven by a clear understanding of mutual objectives and co-operative decision-making by a number of firms who are all focused on using feedback to continuously improve their joint performance (Xxxxxxxx and Mohan 2013: 3). Appropriate decisions linked to partner selection and alliance governance positively affect the likelihood of success of every alliance (Xxxx and Xxxxx 2009: 50). According to Stobart (2010: 4), organisations need to develop close, mutual relationships and also to develop greater clarity in terms of the purpose and nature of individual partnerships, and of their overall approach to partnerships in practice, especially where minimal funding is involved. According to Xxxxxxxxx, Xxxxx, and de Man (2010: 60), organisations do not enter into partnerships because of a business interest for the business partners only, but also because of a gain in terms of the goals of the partnering parties, for example, realising social or ecological aims and standards. The authors cite an example of environmentally or socially motivated organizations who represent the ‘‘interests’’ of ecology, workers, affected populations, and so forth. According to Stobart (2010: 4), such partnerships for sustainability imply that organisations can achieve more by working with partners rather than on their own despite any differences in activities or beliefs. Partnering is based on a firm’s simultaneous pursuit of economic prosperity, environmental quality, and social equity, which Elkington (1999), cited in Xxxxxx, Bosona, Xxxxxxxx, Gebresenbet and Ljungberg (2012: 374), calls the “Triple Bot...
Sample 1
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Related to THE RATIONALE FOR PARTNERING

  • Management of the Partnership The Limited Partners shall not participate in the management or control of Partnership business nor shall they transact any business for the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner.

  • Capitalization of the Partnership Subject to Section 8.2, the Partnership is authorized to issue two classes of Partnership Interests. The Partnership Interests shall be designated as General Partner Interests and Limited Partner Interests, each having such rights, powers, preferences and designations as set forth in this Agreement.

  • Purpose of the Partnership The purpose of the Partnership is to acquire, construct, own and operate the Apartment Housing in order to provide, in part, Tax Credits to the Partners in accordance with the provisions of the Code and the Treasury Regulations applicable to LIHTC and to sell the Apartment Housing. The Partnership shall not engage in any business or activity which is not incident to the attainment of such purpose.

  • Professional Meetings Employees should be encouraged to and may, with the approval of the supervisor, attend professional meetings, conferences, and activities. Subject to the availability of funds, the employee's expenses in connection with such meetings, conferences, or activities shall be reimbursed in accordance with the applicable provisions of State law and university rules.

  • Time Off for Union Activities The employer agrees to grant the necessary time off, without discrimination or loss of seniority rights and without pay, to any employee designated by the Union to attend a labor convention provided that there is two-week notice of any union convention. Due consideration shall be given to the number of personnel affected in order that there shall be no disruptions of employer's operations due to lack of available employees.

  • Professional Memberships Each employee is eligible for reimbursement for membership fees or dues paid for the maintenance of a license required to perform employee’s job and for dues paid for membership in one additional job related professional association.

  • Termination of the Partnership The Partnership shall terminate when all assets of the Partnership, after payment or due provision for all debts, liabilities and obligations of the Partnership, shall have been distributed to the Partners in the manner provided for in this Article VIII, and the Certificate shall have been canceled in the manner required by the Act.

  • Professional Development Fund Article 20

  • Faculty Meetings Principals shall have the authority to schedule necessary faculty meetings; however, such meetings shall be as brief and well planned as possible. Such meetings shall be used for purposes that cannot be accomplished effectively through other means. Faculty meetings shall be scheduled in a manner that impacts teacher planning time to the least degree possible. If more than one faculty meeting is held in a month, the purpose of the meeting shall be announced to the faculty in advance.

  • Formation of the Partnership The Partnership was formed as a limited partnership pursuant to the provisions of the Act and the Original Agreement and continued upon the terms and subject to the conditions set forth in this Agreement. Except as expressly provided herein to the contrary, the rights and obligations of the Partners and administration and termination of the Partnership shall be governed by the Act. The Partnership Interest of each Partner shall be personal property for all purposes.

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