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Third sector partnerships : opportunities and risks

Smith, Dawn (2001) Third sector partnerships : opportunities and risks. Queensland University of Technology, Brisbane. [Working Paper]

Abstract

The establishment by the Prime Minister of the Community Business Partnerships Board along with recent taxation reform has drawn attention to corporate philanthropy in Australia.

Definitions and models are needed as each of the potential partners – government, corporations and nonprofit organisations – attempts to come to grips with opportunities. The intending partners will need to determine their responsibilities and desired outcomes so that they may work effectively towards mutually beneficial working relationships. Performance indicators need to be determined, benchmarks developed and best practice promoted.

A dearth of research exists in this area (Burch, 1998; Industry Commission Report, 1995; Lyons & Hocking, 1998). More exhaustive research, collection and analysis of appropriate data will aid the process. This particular research indicates a lack of understanding between corporations and nonprofit organisations.

There are risks inherent in the proposed partnerships, such as inability to reach agreement, potential for increased costs, and failure to deliver by one of the partners.

This paper assesses opportunities and risks, suggests topics for high level debate, and indicates models for the development of partnerships.

Impact and interest:

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ID Code: 50116
Item Type: Working Paper
Keywords: Third Sector, Partnerships
ISBN: 1864355239
ISSN: 107-1516
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000)
Australian and New Zealand Standard Research Classification > STUDIES IN HUMAN SOCIETY (160000) > POLICY AND ADMINISTRATION (160500)
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Copyright Owner: © Queensland University of Technology 2001 Published by the Program on Nonprofit Corporations
Deposited On: 08 May 2012 10:49
Last Modified: 09 May 2012 02:27

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