Partnership MarkerPartnership Marker • April 24th, 2018
A partnership is an agreement to work collectively for an all-encompassing goal that will benefit the target recipients, bringing results that could not have been achieved by a single partner operating alone, while reducing duplication of efforts as well. And if successful, it enhances the impact and efficacy of action through combined efforts and more efficient use of resources. Effective partnerships promote innovation and are distinguished by a strong level of commitment from each partner. At the same time, it is essential that basic working parameters of the partners are developed and agreed upon before entering into the partnership; including resourcing, defining responsibilities, delegation of authority and the appropriation of funds.
