To establish a successful partnership, businesses should:
1. Align Objectives: Ensure both parties have mutually beneficial goals. 2. Communicate Clearly: Maintain open and transparent communication. 3. Develop a Plan: Create a detailed plan outlining roles, responsibilities, and timelines. 4. Measure Success: Set measurable outcomes to evaluate the partnership's effectiveness. 5. Build Relationships: Foster strong relationships with key stakeholders within the institution.