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Public-Private Partnerships: 10 Tips

What makes for a successful public-private partnership?
Here are 10 tips, based on our experience:

1. Actively engage prospective participants in dialogue: create the program together
2. Ensure that the program works for all parties: solicit and incorporate participant input
3. Focus everyone on bottom-line results
4. Treat participants and prospects like valued customers or investors
5. Remove barriers to participation by creating highly positive customer experiences
6. Invest in shared resources; in particular, look for low-cost technology tools that ease participation and results tracking
7. Proactively approach prospects with compelling cost-benefit data
8. Actively “sell” the program to prospects and the media
9. When rejected by prospects, seek to understand and address the reasons
10. Reward participants