The ability to collaborate, innovate and partner through inter-organizational networks is critical to address complex problems in an interconnected world.
Public-private partnerships (PPPs) are a growing form of collaboration where each sector seeks to tap into complementary capabilities – sharing costs, resources and risks – to accelerate innovation in delivering public goods and services.
PPPs increase diversity, flexibility and connections to the outside world – all essential in encouraging new ideas. Strategic collaborations and partnerships can also benefit the not-for-profit sector. Organizations can join forces to raise the profile of important issues, increase their credibility and multiply their influence with government, regulators and the media.