Partners
Partners - Baldrige Glossary Definition
(Baldrige Glossary for Business, Government (Public Sector) and other Nonprofit
The term 'Partners' was first introduced in the Baldrige Glossary in 2005.
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Partners
The term “partners”
refers to those
key
organizations or individuals who are working in concert with your
organization to achieve a common
goal
or to improve
performance.
Typically, partnerships are formal
arrangements for a specific aim or
purpose,
such as to achieve a
strategic
objective or to deliver a specific product.
Formal partnerships are usually
for an extended period of time and involve a clear understanding of
the individual and mutual roles and benefits for the
partners. See also the definition of “collaborators”. |
Note: Blue words above are hyperlinks to other Integrated Glossary terms.
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