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Advice from Outside the Square

Category Archives: Managing Indigenous Organisations

Good Partnerships Start With Good Preparation

As Indigenous organisations manoeuvre into social enterprises, or commercial businesses, into a world that many of them do not have experience of, they take the logical step of setting up partnerships with more experienced organisations or businesses. This partnership approach has many advantages - it allows one partner to mentor the other and allow the less experienced organisation to gain experience while mitigating risk. It reduces the cost of the investment, it allows the two partner organisations to bring different strengths to the table, and it scales the business or project beyond what one organisation alone is unable to do. There is one other major advantage to the Indigenous organisation, and that is that it allows that organisation to gradually buy out the partner thus giving time to build resources and experience. However, not all partnerships end well! (more…)...
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