Thursday, October 27, 2016

8 Thoughts on Creating Great Partnerships

8 Thoughts on Creating Great Partnerships

By Brad Lomenick on Oct 25, 2016 08:05 am
Collaboration is crucial in today's culture. Great organizations seem to always have a strong ability to partner well. Partnerships are not always easy though. Teaming up with one another can result in true synergy. Or many times can result in ultimate failure.
Here are a few thoughts on why creating Great Partnerships is a must for you and your organization:
1. Partnerships allows you to share risk and reward. Creating less downside, and potentially way more upside always make sense.
2. Partnerships create innovation, breakthrough and discovery. Working with others allows for input from outside your "normal" circle of staff or key team members.
3. Ministries and Churches have to work harder to create partnerships. Partnerships are very common in the business world, but for some reason in the not-for-profit world it's difficult to work together. Ministries and churches don't partner well, but when they do, it can be revolutionary.
4. Kingdom building. If we truly wish to reach our mission with the greatest velocity possible, we have to work with others. Achieving our vision and mission is much more possible when working together.
5. Good partnerships start with a deep knowledge of the other. Know your partners well before entering into one.
6. Transparency is crucial. Authenticity and honesty make for long term impact.
7. Strength/Strength. Build partnerships on each other's strengths, not necessarily on trying to improve a weakness.
8. Good fences make for good partnerships. Many times we don't take time to spell out all the details of a partnership in full disclosure. It is crucial to put everything on paper, in an agreement, and make sure all the details are spelled out.

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