Posted by: Contributing Columnist, Mississippi Business Journal Feature, News, Technology, March 24, 2016.
Continuing the theme of public-private partnerships, we
saw from the Butterfly Model in my last column that there are four sets of players who are critical to building successful partnerships. These are 1) entities such as federal, state, county, and city governmental bodies 2) academic institutions including universities, colleges, junior colleges, technical schools, and K-12 schools 3) private sector entities including small and large publicly traded and private corporations, sole proprietorships and partnerships, and 4) non-profit or non-governmental organizations such as industry or trade groups, economic development organizations, advocacy organizations, or social service organizations. Furthermore, there has to be external and independent financial and technical oversight to ensure transparency and build trust among the various partners.
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