Procurement and Contract Management

Posted: October 17th, 2013

Procurement and Contract Management

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Procurement and Contract Management

A partnership is an agreement between two or more people with common interests to work together in order to achieve common goals. Partnerships are relationships and sustaining these relationships requires guidelines and skills. Successful partnerships are because of a number of ingredients but the three key ingredients for successful partnerships are collective involvement, shared vision and measurable goals. All these ingredients are very important when building successful partnerships.

Collective involvement

For partnerships to be successful, the group members should be actively and voluntarily involved in all the activities of the group. This can only take place if all the members were initially involved in the development of ideas in the group hence implementation becomes easy. Each partner must be able to achieve some of their goals and objectives. Encouraging and maintaining active participation of the group members ensures growth and sustainability.

Shared vision

The basic reason why any group is formed is their shared vision. This shared vision keeps the group focused on their goals especially in times of conflict in the group. The partners’ corporate values need to be compatible for them to achieve their goals and ambitions effectively. The partnership or group needs constant reminding and reaffirmation of what their shared vision is; this can be done through the formulation and implementation of a vision statement.

Measurable goals

In every partnership, there has to be goals and objectives. Establishing clear goals and objectives can only occur after a group or partnership articulates its vision. Having one vision can mean having numerous goals and objectives; therefore, the language used to identify these goals must be very specific to make it easier to know the progress you are making towards your objectives. The partners’ goals should not be conflicting but mutually acceptable to one another to avoid potential disagreement and confrontation.

References

Simon-Brown, V., & Oregon State University. (1999). Choosing your group’s structure, mission, and goals. Corvallis, OR: Oregon State University Extension Service.

Canada Mortgage and Housing Corporation, Marason Management Limited, & BC Non-Profit Housing Association. (2004). Sustaining the non-profit housing sector in British Columbia: A study. Ottawa, Ont.: Canada Mortgage and Housing Corp.