In the business world, forming professional partnerships is often a daily task that requires a great deal of both communication and finesse. These partnerships can look quite different depending on the business and the occasion, but the methods and strategies for forming strong and symbiotic relationships remain the same. Charles Perrin of Tulsa, the founder of Rockford Energy Partners, is an avid believer in the maximized outcomes that take place as a result of successful partnerships. He recommends considering the following if your company is looking to form partnerships with outside entities.
1. Ensure that both partners’ expectations are being addressed before entering a contractual relationship. In the beginning, everything must be laid out on the table to avoid any future strain or unmet expectations. Know what your partner is going to expect of you and develop a plan should either of your needs change, thereby altering the expectations for the partnership.
2. Set both individual and joint measurable goals before legally establishing your partnership. Should any expectations not be met over time, referring to these original goals will help determine where the insufficiency began and how to address it.
3. Create a joint mission regarding your partnership venture. Establish common objectives that both partners can seek in their individual methods. This initial planning will serve as a distillation of your common goals into a motivational concept that will drive each partner toward greater achievements.
4. Decide who handles what. Defining early on what each partner’s tasks are can help you avoid strife later down the road, setting clear action plans where each partner knows without a doubt the direction they are heading in.
1. Ensure that both partners’ expectations are being addressed before entering a contractual relationship. In the beginning, everything must be laid out on the table to avoid any future strain or unmet expectations. Know what your partner is going to expect of you and develop a plan should either of your needs change, thereby altering the expectations for the partnership.
2. Set both individual and joint measurable goals before legally establishing your partnership. Should any expectations not be met over time, referring to these original goals will help determine where the insufficiency began and how to address it.
3. Create a joint mission regarding your partnership venture. Establish common objectives that both partners can seek in their individual methods. This initial planning will serve as a distillation of your common goals into a motivational concept that will drive each partner toward greater achievements.
4. Decide who handles what. Defining early on what each partner’s tasks are can help you avoid strife later down the road, setting clear action plans where each partner knows without a doubt the direction they are heading in.