Home Campus-Community Partnerships Benefits and risks of partnerships

Benefits and risks of partnerships

Before entering in, take the time to make sure you and your organization are ready. Like any relationship, there are pros and cons. Effective partnerships do not occur overnight. It takes time to build trust and understanding of how best to work together. Developing and maintaining partnerships requires ongoing commitment and effort. It’s important to choose the right partner at the right time for both your organizations.

During your initial discussions, be open and honest about your hopes, concerns and assumptions, so you can both enjoy the benefits and minimize the risks.

BenefitsRisks
Greater impactReputation impact
Greater reachLoss of autonomy/decision making
Professional development of key personnelConflicts of interest
Better access to information and different networksBurden of resource commitments
Improved operational efficiencyImplementation and co-ordination challenges
More appropriate and effective products and servicesReduction in independent decision-making
Greater innovationLoss of competitive advantage in obtaining funding or providing services
Enhanced credibilityInsufficient influence in the partnership’s activities
Increased access to resourcesFrustration with the collaborative process
New opportunities and pathways for products, services and partnershipsUnbalanced credit for contributions to the partnership
Guide: PDF Version