Yekini Grace
Member
when you are contacted for partnership. while you are excited. Make sure you analyse the risks of the partnership for your Organization. Tomaso developed a robust Partnership Evaluation Framework for Gemsbok Group.
Tomaso used the PEV to evaluate the Partnership and he said to me "Charles, you can't enter this partnership.
Asked what the partnership would do for your organization, if they said they are doing you a big favour bla bla bla. kindly tell them that you are not looking for favours. Tell them this: We are a corporate entity with a functional board, functional systems, frameworks and products. We also have capital and do not want favours but mutually beneficial opportunities. At the end, you can declined the partnership.
Don't be too cheap because of Partnership.
Have serious systems in place to ensure that decisions are not made by excitement or emotions.
Stop looking for only oyibo partners. Your major breakthrough might actually be in local partnerships.
Tomaso used the PEV to evaluate the Partnership and he said to me "Charles, you can't enter this partnership.
Asked what the partnership would do for your organization, if they said they are doing you a big favour bla bla bla. kindly tell them that you are not looking for favours. Tell them this: We are a corporate entity with a functional board, functional systems, frameworks and products. We also have capital and do not want favours but mutually beneficial opportunities. At the end, you can declined the partnership.
Don't be too cheap because of Partnership.
Have serious systems in place to ensure that decisions are not made by excitement or emotions.
Stop looking for only oyibo partners. Your major breakthrough might actually be in local partnerships.